Crescent to team with CNL

CNL Commercial Real Estate has announced it is partnering with Crescent Communities to assume responsibility for the latter's commercial services business. CNL is a commercial real estate services, development and investment firm headquartered in Orlando, Florida, while Crescent, which will underake a development on Division Street near the Gulch (read here) and is handling various developments in Williamson County, is based in Charlotte, North Carolina. The alliance will be called CNL Crescent Commercial Real Estate. Read more here.