Commercial Real Estate Brokerage & Consulting Services

Works directly with the founder/CEO, BOD and executive management team to shape the strategic direction of the organization. Responsible for developing and implementing the company's long-term strategic plan, ensuring alignment with the organization's goals and vision. The CSO is responsible for Market Analysis, conducting thorough market research and analysis to identify trends, opportunities, and threats, helping the company stay ahead of competitors. Additionally, the CSO is responsible for cross-department collaboration, working closely with other executives and departments to ensure that strategies are integrated across the organization, fostering collaboration and communication.The CSO establishes key performance indicators (KPIs) to assess the effectiveness of strategies and initiatives, making adjustments as necessary. Leads efforts in innovation and identifies new business opportunities, including potential mergers and acquisitions. Engages with stakeholders, including investors, customers, and partners, to communicate the strategic vision and gather insights.Evaluates potential risks associated with strategic initiatives and develops mitigation strategies to address them.Responsible for building a strong team capable of executing the strategic vision, including mentoring and developing future leaders within the organization.Reports directly to the CEO and often presents strategic plans and updates to the board of directors.Overall, the CSO is instrumental in guiding the organization toward sustainable growth and market dominance, while driving short and long-term enterprise value of the organization for its shareholders.

Tim Capps joined Cresa in August, 2018, as Managing Principal of the Raleigh, NC office and co-principal of the Carolina’s region, bringing with him over 20 years of experience in the commercial real estate industry. During his career he has focused on providing tenant representation services, financing, and long-term strategic planning. Recognized as one of the most successful and sought-after tenant representatives in the United States, Mr. Capps has secured millions of dollars in occupancy cost savings and lease enhancements for his clients, totaling in excess of 50.0 million square feet with aggregate transaction value in excess of $1B. His specific areas of expertise include strategic planning, workplace optimization, complex lease negotiations, structured finance transactions, credit tenant leases (CTL’s), synthetic leases, traditional leases and build-to- suit transactions.

Mr. Capps was a Vice Chairman at Newmark Knight Frank. While at Newmark, Mr. Capps co-founded the Critical Transactions Group (CTG), a fully autonomous, cross-market team of best in class professionals specifically established to work on the largest, most complex transactions/assignments across the United States. The group, co-led by Mr. Capps, provided a unique suite of advisory services, informed by clients’ needs, which enabled space users to see beyond conventional options available to them and to develop innovative solutions that would yield unparalleled optionality and flexibility, along with multi-million dollar cost avoidance and capital accretive strategies. The group provided counsel and advice to some of the firm’s largest clients. Mr. Capps was recognized as part of the Chairman’s Circle and in the top five percent of all producers across the company while with Newmark.

Tim is a recognized expert in global tenant representation services that has executed more than 10 million square feet of lease and sale transactions on behalf of the nation’s top corporations and law firms. As branch manager of Studley’s Raleigh office, he oversees the day-to-day operations and is responsible for setting the strategic goals for the firm’s office, including spearheading its accelerated recruitment efforts.Through his strategic real estate experience and his understanding of intricate lease negotiations, Tim has been able to develop sound real estate strategies that allow his clients to accomplish long-term goals. To date, he has represented a diverse collection of clients including Flextronics International USA, Inc., State Farm Mutual Automobile Insurance Companies, FHI 360, North Carolina Farm Bureau Mutual Insurance Company and Lawyers Mutual Liability Insurance Company, Ward & Smith PC, Smith Moore Leatherwood LLP, Itron, Inc., and Drug Safety Alliance. During his career to date, Tim has negotiated transactions with a gross value in access of $1.0 billion.

Tim served as Executive Vice President and partner at Tri Properties, Inc, where he was a top producer and founder of the firms global tenant advisory group.