CRESA Partners co-locates into Chrysler Building.

CRESA Partners recently opened its newly expanded corporate headquarters in The Chrysler Building as a result of a merger/co-location of its New York office with Weatherall Green & Smith's New York office. The merger/co-location follows the success of the recent alliance between CRESA Partners' national affiliate organization, CRESA, Inc., and Weatherall Green & Smith's global group, Weatherall International.

In addition to combining forces with the Weatherall Green & Smith office, the new CRESA Partners/New York team recruited three professionals formerly from The Atlas Organization. Former Weatherall Green & Smith New York Principal Marcus Rayner leads the newly expanded CRESA Partners/New York office (see team photo attached).

According to CRESA Partners, LLC President/CEO Michael Dow, this is a strategic move to reinforce the international relationship with Weatherall and strengthen the CRESA Partners/New York presence.

"Co-locating and merging the CRESA Partners and Weatherall Green & Smith New York offices was the next logical step in the progression of CRESA's relationship with Weatherall," said Dow. "For our clients, this translates into seamless global service and enhanced New York-market support - backed by two of the world's leading corporate real estate advisory organizations."

"Bringing together these two offices under the same roof creates one of the most qualified teams in New York," said Weatherall Green & Smith's Principal Partner Peter MacFarlane.

"CRESA's Michael Dow and Weatherall's Marcus Rayner are two of the most experienced international corporate real estate professionals working in America."

Dow and Rayner have a combined total of nearly 50 years of industry experience working in Europe and the United States.

CRESA Partners/New York Principal Marcus Rayner said that the expansion related to the move and merger is only the beginning of growth plans for the New York office.

"Both CRESA and Weatherall are known in the industry for focusing on corporate space-user representation and specializing in start-to-finish services from strategic planning to project management," said Rayner. "To meet the increasing demand for exclusive tenant advocacy and project management, the New York office plans to hire up to four additional brokers/consultants as well as a project manager in early 2001."

All CRESA Partners offices are members of CRESA, Inc. (Corporate Real Estate Service Advisors), North America's largest organization of corporate real estate advisory firms specializing in tenant representation and corporate services. Through its alliance with Weatherall International, CRESA has access to more than 100 markets worldwide.