Cresa, North America’s largest firm exclusively representing tenants, announced today that it has formed a strategic partnership with SRS Real Estate Partners (SRS).
The arrangement will allow Cresa to provide retail services to its office and industrial clients, and provide SRS’s retail clients with experience in the office and industrial sectors.
“The alliance is an excellent fit, because both SRS Real Estate Partners and Cresa are built upon a platform that emphasizes ethics and integrity,” said Jim Leslie, CEO of Cresa.
SRS was founded by Chris Maguire in 1986 as Staubach Retail Services. In January 2009, the company evolved into SRS Real Estate Partners. SRS is the largest national retail real estate company in the country, with five retail-specific service areas: brokerage, corporate services, development , investment and management.
Cresa also offers a range of integrated services solely to tenants, and their core services include transaction management, project management, and strategic planning.
Cresa has over 55 offices across North America with 800 employees. Headquartered in Boston, it was formed in 1993 when several regional tenant representation firms joined forces. In 2011, the firm expanded its reach through a partnership with Savills to provide service in Europe and Asia.
“This partnership will allow both of our organizations to provide more seamless client service across North America,” said Chris Maguire, CEO and chairman of the board of SRS Real Estate Partners.
“Our vast national presence combined with our scope of expertise will provide significant benefits for our clients.”