Les J. Cranmer

Les J. Cranmer

Senior Managing Director
Savills Studley - Philadelphia
+1 215 563 4000

Industry Specialities

Highly experienced Corporate Location and Real Estate Advisor

Professional Expertise

During his 40+ years in practice, Les has advised the Board of Directors and management teams of both large scale corporations and small businesses on decisions relating to corporate performance improvement through location strategies. Engagements have included well over 400 clients – including over 50 organizations with total organizational relocation efforts, and over 200 clients with expansion decisions involving new locations. Formerly an architectural firm partner, partner of Fantus Consulting, and national director of Deloitte & Touche LLP, Les is recognized nationally for his experience and expertise relating to corporate relocation, financial incentives, and real estate.

Les is regularly quoted in a variety of publications including The Wall Street Journal, Area Development, Globe Street, The Philadelphia Inquirer, and many more publications. Les is also a nationally recognized panelist, moderator and speaker at Real Estate conferences and seminars. He serves on the Editorial Advisory Board of Area Development, which is considered the leading executive magazine covering corporate site selection and relocation.  His 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. Notable clients have included: The Associated Press, AT&T, Georgia-Pacific, MasterCard International, Moody’s Investor Services, Porsche, TRW, UPS, and others – with real estate holdings in all fifty states.

Les has worked with all State level Economic Development Organizations – as well as – most regional and local EDOs within the United States. In many States, Les has worked with as many as eight newly elected Governors and their corresponding policy and administrative changes.

Activities & Achievements

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 including Global Innovation Trends Impact the Business Location Process, Financial Real Estate Strategies for 2010, 23rd Annual Corporate Survey Analysis, Occupancy or Construction Costs, Proximity to Major Markets, and Evaluating Labor Costs - In Good Times and In Bad.

Transaction Volume

60 million SF

Meet the Team

Art M. Wegfahrt
Corporate Managing Director


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