Stella Joins Cresa

NEW YORK CITY-Cresa Partners named Robert P. Stella executive vice president and principal of its office here. In that capacity, he will be responsible for expanding the firm’s local client roster and establishing industry-focused niches. Stella comes from CB Richard Ellis where he most recently served as senior vice president and managing director. CBRE officials had no comment.

“Bob’s skills are highly respected in the industry,” says Marcus Rayner, principal of Cresa and head of its New York office. “He understands what it takes as a broker representing tenants to win, service and retain a client. “His in-depth understanding of the corporate real estate services business and his desire to use his skills to improve clients’ real estate portfolios will be extremely valuable to us as we grow our business and expand our client base,” adds Cresa president Michael Dow.