Cresa Milwaukee Receives Deal of the Year Award

Cresa Milwaukee’s Steve Palec wins the 2012 CARW Commercial Real Estate Award for representing Baker Tilly in their 66,000 square foot office relocation.

Milwaukee, WI, October 05, 2012 --( Cresa is pleased to announce that Managing Principal Steve Palec has been awarded the 2012 Deal of the Year by the Commercial Association of Realtors Wisconsin (CARW) for their ‘office’ category. This annual award recognizes the “best of the best” in commercial real estate brokerage in Wisconsin. Palec received this award for representing Baker Tilly in their 66,000 square foot office relocation to the US Bank building in downtown Milwaukee.

Palec has worked in the commercial real estate industry for 27 years and has been involved in some of the largest and most successful office transactions in southeastern Wisconsin. Some of Palec’s significant transactions include Baker Tilly, Manpower, GE Healthcare, Cramer-Krasselt, and the Office of the Commissioner of Major League Baseball.

“It was a honor to assist Baker Tilly, but there were a number of people whose collaboration was critical to the success of this transaction,” said Palec. “Foley and Lardner was very proactive and expended significant efforts to restack their floors to accommodate Baker Tilly; another tenant in the building agreed to relocate; and US Bank, the building’s owner, also shifted their operations in order to provide another piece of the 68,000 square foot requirement. Kevin Armstrong, the listing broker who I have known for more than 25 years, did an outstanding job. It was the culmination of all these efforts that permitted the tenant to get exactly what they needed.”

Cresa Milwaukee’s Senior Vice President, Paul Galbraith, was also nominated for his representation of Milwaukee Water Counsel Global Water Center in the ‘mixed use sale’ category.

About Commercial Association of Realtors Wisconsin:
Founded in 1993, CARW is the voice of commercial real estate brokerage in Wisconsin. CARW works to enhance the careers of their members through interactive professional development and education programs, public policy education and advocacy, data exchange, and business networking. For more information, visit

About Cresa:
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Global Accounts, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, and Facilities Services. With more than 57 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world’s largest commercial real estate services firms; Cresa covers more than 255 locations in 40 countries. For more information, visit
Nick Lombardino