Partner Engineering and Science, Inc. has been ranked number five on the 2015 Los Angeles Business Journal (LABJ) Top Environmental Firms lists for the second year in a row. LABJ also named Partner one of LA’s Fastest Growing Companies for the fifth consecutive year, coming in at number 78.
In less than nine years, Partner has grown from an eight-person startup into an industry-leading firm with over 500 employees, largely through rapid organic growth. “Partner’s ongoing success is driven by a generally strong-performing commercial real estate market, and by our strategy to anticipate and respond to market trends by investing in business lines accordingly,” says Partner CEO Joe Derhake, PE. “For example, our structural and energy consulting practices in California have more than doubled in recent years to meet the growing demand driven by new regulations and a desire to create a more resilient, sustainable building stock.”
As one of the nation’s biggest environmental due diligence firms, Partner is also capitalizing on an industry-wide trend of consolidation. “Real estate transactions have multiple parties that need to trust the due diligence firms and this need has created a massive shift towards big well branded national firms who are a safer choice and can deliver more expertise to the wide spectrum of potential issues that arise in a CRE transaction,” says Derhake. Partner is well-placed because of its extensive professional resources, financial stability and national footprint, and as a result the firm has seen the demand for its services continue to climb throughout 2015.
“I’m expecting a very strong 2016 for us across many of our service lines,” says Derhake. “Development is up; regulatory pressures have created a tighter lender environment; the CMBS industry is in a wave of loan renewals; and market forces are increasingly driving property owners and managers to implement energy efficiency improvements. We’ll continue to invest heavily in the resources to meet the growing demand in these areas.”
The full lists are available on the Los Angeles Business Journal website.