An Inside Look: Feat. Les Cranmer of Savills Studley

Les CranmerLes Cranmer is the Senior Managing Director of Savills Studley and has over 40 years of experience in consulting services associated with corporate real estate and facilities. Les’ professional expertise covers virtually all corporate facility types including: headquarters, back office operations, customer services, shared services support, research and development, data centers, manufacturing, distribution, and other special purpose real estate holdings.

Les has been responsible for developing real estate strategy and facility rationalization scenarios for over 200 separate organizations experiencing corporate restructuring. In addition, Les developed and analyzed occupancy cost reduction programs for large multi facility users – and has developed facility consolidation plans for merged organizations and developed real estate disposal strategies for manufacturing and administrative facilities.

Prior to his current role at Savills Studley, Les was a director at Deloitte & Touche, LLP and also a partner at PHH Fantus Consulting. He was awarded the Industrial Deal of the Year by the Tri-State Realtors Commercial Alliance for TJX / Marshalls Distribution Facility of 1.4 million square foot build-to-suit project.

Les holds memberships in many professional and industry trade associations. Les is frequently quoted in industry trade publications and newspapers including; the Wall Street Journal, The New York Times, Real Estate Forum, Expansion Magazine, Area Development, and Site Selection Magazine. Les holds membership in many professional and industry trade associations and sits on the Editorial Board of Area Development Magazine. In addition, Les has authored numerous articles for professional journals.