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LOS ANGELES – Travers Realty Corporation has merged with the Southern California offices of Cresa. The merger adds 32 brokerage professionals to Cresa’s Los Angeles and Orange County operations. The firm has offices in West Los Angeles, Woodland Hills and Newport Beach.
Cresa will maintain the current Travers Realty headquarters in Downtown Los Angeles. It will operate as Travers Cresa. The newly combined firm will have nearly 150 employees within the region.
The new iteration will specialize in commercial lease and purchase transactions, including project management, lease administration, capital markets advisory work, site selection and corporate portfolio management.