Cresa acquired Fischer, a Dallas-based advisory firm specializing in national and global strategic portfolio management.
Fischer’s executive leadership team—Chairman and Founder Cliff Fischer, along with Ted Uzelac and Chris Joyner—join Cresa as Managing Principals. Cliff Fischer will also serve on Cresa’s Board of Directors.
The merger is a major milestone in Cresa’s evolution and brings together two firms dedicated to occupier-focused advocacy, a culture of innovation, and a shared commitment to client success. It also positions Cresa for long-term growth and leadership in the ever-evolving CRE landscape.
In addition, Fischer brings its best-in-class integrated technology platforms, ManagePath and Visual Manager, which have set the industry standard for corporate accounts across all service lines. Cresa plans to invest and scale these proprietary systems, which will serve as a key differentiator for the firm and significantly enhance the advisor and client experience.
In all, Cresa gains 110 new professionals across multiple offices, and new locations in Pittsburgh and Memphis.
This is just the latest in a series of acquisitions Cresa has made in the past 18 months to bolster its service delivery across the U.S., including PPM, a premier project management firm; Vogel Advisors, a tenant-focused advisory firm in Detroit; NorthStar, a Philadelphia-based project management company; Fritsche Anderson Realty Partners, Houston’s leading occupier advisory firm; and Axis Tenant Advisors, a boutique commercial real estate services firm also based in Houston.
Fischer founded his eponymous company in 1985 and was among the first to couple brokerage services for tenants with software development services for corporate real estate executives. By combining sophisticated transaction expertise with transformative, leading-edge technology, the firm quickly grew into one of North America’s leading tenant advisory firms with offices throughout the U.S.
