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Jim Underhill Steps Down as Cresa CEO

Jim Underhill will step down from his role as CEO of Cresa and as a member of the Washington, DC-based tenant-rep firm’s board, effective Feb. 15. The board named board member Tod Lickerman as interim CEO, and plans to engage an executive search firm to help find a permanent CEO.

A Cresa board member since 2019, Lickerman previously served as global president and Americas CEO at Cushman & Wakefield. Previously, he was global CEO of DTZ, where he led the firm through privatization and acquiring Cassidy Turley and Cushman & Wakefield.

Underhill said, “I’m proud of how we have raised the visibility and competitiveness of Cresa in the global tenant advisory space. The recent leadership additions and changes have helped to establish a strong foundation for continued momentum. It has been a true pleasure leading Cresa and I look forward to witnessing further success for this extraordinary organization.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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