Cresa has acquired Elevate Growth Partners (Elevate), Austin’s premier tenant representation firm.
The firm’s staff of 12 makes the move and will immediately operate under the Cresa banner. Leading the new team will be Principals Scott Studzinski and Logan Dalgleish, while Founder Chris Skyles shifts his focus away from the firm to oversee active development projects and AnthemIQ, a proptech company started by Elevate, which is not part of the acquisition. Karra Guess will join Studzinski and Dalgleish to help lead and grow the office.
Founded in 2018, Elevate provides tenant representation services with a focus on serving companies in the tech space. The team is comprised of entrepreneurs and industry experts with a powerful understanding of how the right space can inspire innovation and growth. Notable clients include: FloSports, F45, Buc-ee’s, Virtex, Front Gate Tickets, Silverton Partners, Hippo Insurance, Babson Diagnostic, CORT Furniture, Walmart Technologies and Nulo.
The acquisition fortifies Cresa’s presence and capabilities in Texas. The cultural alignment allows for a seamless integration, one based upon a strategic and consultative approach to supporting only occupiers, rather than a transactional model.
This is Cresa’s second major acquisition in Texas this year. In March the firm acquired esrp, a leading tenant representation firm based in Dallas, growing their ranks by more than 50+ advisors and staff.