Cresa Adds Tod Lickerman to Board

10/21/19

Tod Lickerman

Cresa, the world’s largest occupier-centric commercial real estate firm, today announced the appointment of Tod Lickerman to its Board of Directors. Lickerman previously served as Global President and Americas CEO at Cushman & Wakefield and will help Cresa’s executive leadership on their ambitious growth strategy, which in the last three years has already resulted in the integration of 20 independently owned companies, in addition to 15 new offices outside of North America.

In his 33 years in the industry, Lickerman also served as Global CEO of DTZ, where he led the firm in taking the company private and acquiring Cassidy Turley and Cushman & Wakefield. In total, he helped acquire and integrate 20 companies into the global platform company that C&W is today with revenues in excess of $7B. Previously at JLL, Tod served as CEO of Corporate Solutions Americas and ran several divisions including healthcare, energy, and European facility management.

“I look forward to using my experience to help advise Cresa as it continues to disrupt the commercial real estate industry and meet its aggressive growth plans through recruitment of top talent and acquisitions,” said Lickerman. “I have been watching Cresa closely, and its occupier-centric approach highly differentiates it from its competitors, and provides its clients confidence that they have a trusted advocate on their side. Jim has an energizing vision for the company, and the growth he has overseen demonstrates the ambition, focus, and caliber of leadership at the helm. I’m encouraged to be joining a company that is attracting the best and most determined industry professionals.”

“Having Tod’s M&A expertise and deep knowledge of the corporate account services industry on our Board will help us continue the steady progress we have made over the past few years,” said Cresa CEO Jim Underhill. “In North America and throughout the globe there is an incredible desire from occupiers to be represented by a firm that is solely focused on meeting their needs, and we are growing to meet that demand.”

Since Underhill was named CEO in 2016, he has made great progress on his bold objective of doubling the size of the firm within five years. With Underhill as CEO, Cresa has:

  • Added 15 offices outside of North America
  • Acquired full-service lease administration Portfolio Solutions Group
  • Made more than 120 hires in 2019 to expand to more than 1,100 employees. In the last few months Cresa announced hiring of five high-profile industry veterans: Lisa Dunavin (previously Cushman & Wakefield), Doug Sugimoto (previously Cushman & Wakefield), Vicki Keenan (previously CBRE), Tad Laws (previously Newmark), JC Renshaw (previously Accenture) and Cat Cotman (previously Newmark).


About Cresa

Cresa is the world's only global commercial real estate advisory firm that exclusively represents occupiers and specializes in the delivery of fully integrated real estate solutions. Delivered across every industry, its services include Consulting, Facilities Management, Global Portfolio Solutions, Investment Banking, Lease Administration, Location Strategy & Economic Development Incentives, Project Management, Transaction Management and Workplace Intelligence. With over 1,000 employees in more than 80 offices globally, Cresa partners with occupiers everywhere. For more information, please visit cresa.com.

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