Cresa acquires 7 Hills Advisors’ Richmond, Virginia office

RICHMOND, VA — Cresa announced that it has acquired the Richmond office of 7 Hills Advisors (7 Hills), a boutique commercial brokerage firm that focuses on tenant and buyer representation in Central and Southeastern Virginia. Founder Christina Jeffries and Landon Hinton join the firm as principals, Ali McCrickard joins as vice president, and Laura Osborn joins as a marketing associate. In addition, Cresa will retain 7 Hills’ Richmond office located at 503 Libbie Ave. 7 Hills’ Virginia Beach office is not part of the deal and will continue operating independently.

With the acquisition, Cresa strengthens its Mid-Atlantic footprint and gains a foothold in Virginia.

“In our continuing efforts to expand our services and coverage to better serve our clients, we are thrilled to welcome the 7 Hills Richmond team to Cresa. Not only does their operating philosophy dovetail perfectly with our business approach, but their geographic expertise in Virginia positions us for future growth in the market,” said Cresa vice chairman Tom Birnbach. “What a great way to start the new year.”

Founded in 2012, 7 Hills is known for assisting small, medium, and Fortune 500 companies with lease renewals, acquisitions and new requirements, as well as dispositions, strategic planning, project management, and consulting. The tenant-centric firm’s success is defined by results which are driven by educated, well-informed decisions.

Added Jeffries, “This was a rare opportunity to join a company that shares our values. This natural alignment provides a seamless transition and the ability to hit the ground running while continuing to focus exclusively on the occupier and end user. We are very much looking forward to offering our clients access to such a robust platform of services and continuing to deliver exceptional results.” MAREJ

Cresa, the world’s leading occupier-centric commercial real estate firm, has been serving government contractors, nonprofits, associations, law firms, healthcare, biotechnology, K-12 and higher education, technology, professional services, and a variety of other office, retail and industrial users in the Washington, DC market for decades. Today Cresa has offices in Tysons, VA; Bethesda, MD; Baltimore, MD; and now Richmond, VA—in addition to its DC location.

The acquisition of 7 Hills is just the latest in a series of recent transactions Cresa has completed to bolster its service delivery across the U.S. In the past 18 months the firm has acquired Fischer, a leading occupier advisory firm focused on corporate accounts; PPM, a premier North American 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 real estate services firm; and Axis Tenant Advisors, a boutique commercial real estate services firm also based in Houston.