Industry veteran and one of the foremost experts in food, ingredient, and nutrition occupiers, Jeffrey J. Counsell, has merged the company he co-founded, Global Food Properties, with Cresa, announced President Greg Schementi. He joins the Chicago-based firm as a principal.
With Counsell’s addition, Cresa becomes the only commercial real estate firm with a dedicated food, ingredient, and nutrition manufacturing and R&D practice group.
“We are thrilled to welcome Jeff to the Cresa team,” said Schementi. “With his addition, we are adding expertise in this dynamic sector of our business and amplifying our commitment to enriching our offerings in industry sectors that require extensive subject matter knowledge.”
A well-respected advisor to the industry, Counsell co-founded Global Food Properties in 2015 following stints at CBRE and Trammell Crow Company. During his career he has executed over 200 transactions valued at over $650 million. His clients include many of the largest branded and private-label manufacturers, across frozen, refrigerated, and shelf-stable categories.
“We’re elated to join Cresa, expanding its expertise in purpose-built food, ingredient, and nutrition facilities. Continued margin compression, the necessity of automation, and increasing regulatory pressures create an uncertain landscape. Cresa’s occupier focus creates an obvious and exciting path forward for our expertise and global clients,” said Counsell.
Joining Counsell at Cresa is Global Food Properties’ Adam Ratajski who becomes a vice president. He will be responsible for tracking data and market availability, business development, and deal execution.
Cresa’s food production and distribution practice is uniquely equipped to assist global occupiers maximize their property use and value. Thought leadership is matched by speed in the market, and subject matter expertise equals superior outcomes.
About Cresa
Cresa is the world's leading commercial real estate advisory firm that exclusively represents occupiers and specializes in the delivery of fully integrated real estate solutions. Our purpose is to think beyond space, strengthening those we serve and enhancing the quality of life for our clients. Delivered across every industry, Cresa's services include Transaction Management, Workplace Solutions, Project Management, Consulting, Lease Administration, Technology, Investment Banking & Capital Markets and Portfolio Solutions. In partnership with London-based Knight Frank, Cresa provides service through 16,000 people, across 380 offices in 51 territories.
