NCARB Headquarters Wins IIDA Award

Cresa was honored to be part of the project team for the new headquarters space for the National Council of Architectural Registration Boards (NCARB). The Mid-Atlantic Chapter of the International Interior Design Association (IIDA) recently recognized OTJ Architects’ design of the headquarters at its 25th Annual Premiere awards gala (held virtually).

Cresa provided Transaction Management and Project Management services, partnering with Bognet Construction and OTJ Architects to build a beautiful, high end and sustainable space for NCARB. Unique finishes included terrazzo flooring, Teknion walls, a glass operable partition, and a wood veneer ceiling. The new headquarters is LEED Gold and Fitwell building standard certified.

The new headquarters aligns the physical space to NCARB’s organizational objectives by celebrating a 100-year old history, amplifying mission and culture, and supporting member outreach.

The Cresa project team includes Rich Rhodes, Christie Minch, Sam Heiber, Austin Evans, and Mike Hetchkop.

Reception

Collaboration space

Ceiling detail

Conference space

Conferene space

Kitchen

Wall detail

Orange Room, Yellow Room

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2020: The Year of Subleases

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Exiting or Selling Your Business- What to do with the Real Estate

Knowing when to cash in your chips and walk away is the hardest decision that anyone will have to make in their career, whether they are an entrepreneur, an investor in a business, or even a professional athlete. When it comes to businesses that own & occupy industrial real estate, the major question you face is what to do with your property(ies) after a business exit. In general, you often face one of three options: lease the property to the new business owner, sell the property, or re-tenant the property. As with so many business decisions, there is no one right answer, and different advantages and disadvantages for each choice. Issues like taxes, depreciation, and personal investment objectives for you (and sometimes your siblings) will all influence which option is best.