Cresa acquired Pacific Program Management (PPM), a project management firm based in Seattle and serving North America.
The strategic, multimillion-dollar merger integrates PPM’s 180 professionals into Cresa’s existing project management group, creating a team of 280+ professionals across 35 markets throughout North America. PPM CEO Clark Lindsay will assume the role of Managing Principal and President of Project Management at Cresa, while PPM President and COO Mark Wanic, Vice President West National Accounts Christy McFall, and Vice President East National Accounts Sandra Yencho, will assume key leadership positions at Cresa, supporting growth of the project management business.
PPM’s expertise in Portfolio Program Management, Workplace Consulting, Capital Project Management, and Transition and Relocation Management, and its special focus on portfolio client delivery, complements and enhances Cresa’s existing platform of services.
Lindsay founded PPM, then Lindsay & Associates, in 2009. He sought to introduce a new, holistic approach to the project management business with diversity – diversity of services, diversity of clients, diversity of team members, and diversity of thought – at its core. A creative viewpoint and disruptive thinking led to organic growth of the company which would go on to serve owners, developers, investors and occupiers – more than 125 clients across five continents – in the food and beverage, medical, life science, retail, eCommerce, gaming, entertainment, data center and technology industries over the years.
Cresa’s Project Management division is an integrated service that functions both as a stand-alone and a complement to its Transaction Management and Workplace Strategy teams to execute assignments. Collaboration between the groups ensures space is strategically conceived, efficiently designed, and executed – from site selection to move-in – by the project team to balance quality, cost, and timely performance.
With an exclusive occupier focus, and armed with significant capital to deploy, Cresa continues to grow its services and operations throughout North America. The acquisition of PPM marks its seventh in the past two years.
