Conley Associates to Become CresaPartners

Affiliation Brings International Resources to Local Firm

ALBANY, NY (05/20/2011)(readMedia)-- Conley Associates, the Capital Region's sole tenants-only commercial real estate services firm, has affiliated with CresaPartners LLC, North America's largest tenant representation company.

Founder and Managing Director Tim Conley said the firm continues to be locally owned, but now will be known as CresaPartners and offer its Capital Region clients access to national and international resources. The organization of the firm will remain the same.

"This partnership allows us to offer the best of both worlds - the personal service that our Capital Region clients have come to rely on and the resources of an outstanding, established international leader in the tenant representation marketplace," Mr. Conley said. "Conley Associates and CresaPartners have done business together in the past, and we're familiar with each other's practices and reputation. We're pleased to be a part of such an excellent, well-respected team, and proud that we were asked to join forces. We're excited by the chance to combine our local market knowledge and expertise with a deep well of international resources and talent. We look forward to continuing our growth together."

Access to CresaPartners' resources and expertise in other markets will allow the Conley team to provide additional services to local clients that have operations in other states or internationally.

Conley Associates, founded in 1994 as a traditional commercial real estate services firm, started representing tenants exclusively in 2004. Its "tenants only" promise is familiar throughout New York's Capital Region, and aligns with CresaPartners' exclusive tenant representation business model.

CresaPartners, like Conley Associates, offers a full range of integrated tenant services for commercial and institutional clients of all sizes. These services include market analysis, workforce and location planning, lease negotiation and administration, and project management.

CresaPartners, founded in 1993 and headquartered in Boston, provides services in more than 250 cities worldwide, including the 12 largest cities in the United States.

"We are pleased to welcome Conley Associates to the CresaPartners organization," said Bill Goade, CEO of CresaPartners. "They will allow us to provide client service in an important region, and their focus on tenants is consistent with our philosophy."

Conley Associates' clients include an array of professional services firms; financial, health care and educational institutions; and New York State agencies.

Contact: Bill Callen

Behan Communications, Inc.

(518) 792-3856

About CresaPartners

CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, Sustainability, Supply Chain and Facilities Management. With more than 55 offices, CresaPartners is the largest tenant representation firm in North America. Globally, CresaPartners services clients in more than 250 locations through its alliance with Savills plc. For more information, visit www.cresapartners.com.

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