Local News

With the summer months quickly approaching, more than 60 Cassidy Turley employees are joining forces with Indy Parks to make sure hundreds of Indianapolis children and families have a fun, safe and beautiful place to play. On May 16, Cassidy Turley’s Day of Caring will completely revamp Al Polin Park, located on the Near Northside of Indianapolis at 100 E. 29th Street.

Cassidy Turley today announced that its Retail Corporate Services team has been awarded project management services for DEB Shops new and remodeled stores throughout the U.S.

Cassidy Turley announced today that it secured a long term fixed rate loan for One Virginia Square, a 116,077 square foot Class A office building located in Arlington, VA. The acquisition loan was provided by a life company. John Campanella, Senior Managing Director, and Paul T. Spellman III, Associate Vice President, arranged the financing on behalf of an institutional client.

Cassidy Turley closed a long-term lease agreement for Coty Inc. for 119,682 square feet at 350 Fifth Avenue. This is the third and final component of a plan to bring all of Coty’s New York operations under one roof.

Cassidy Turley announced that it is opening a Los Angeles office with the hiring of a team of industry veterans: Jonathan Larsen, who will head the office, Suzanne Lee, Eric Moore, and Katie Bernhisel. This initial group will establish and lead Cassidy Turley’s growth in Los Angeles.

William O’Keefe also Joins Firm as Key New Hire; Strategic Alliance with Normandy Real Estate Partners Aligns with Firm Changes

Cassidy Turley announced that David Pergola, Jr. and Brian Doherty have joined the firm to launch its New England Region Capital Markets Group. As Senior Managing Director, Principal, Pergola will oversee all New England capital market transactions and will provide both investors and corporate users with a full spectrum of capital markets services.

Demand for U.S. office space eased in the first quarter of 2012, but occupancy gains continued for the eighth straight quarter, according to Cassidy Turley.

Helen Rivero, a 20-year commercial real estate veteran, has joined Cassidy Turley as Managing Director, Investor Services, in Dallas. Ms. Rivero will serve as Account Manager for Cassidy Turley’s institutional clients.

In one of the larger headquarter relocations in suburban Boston in the last few years, Cassidy Turley FHO, Welch’s and Normandy Real Estate Partners today announced an 85,000-square-foot, twelve-and-a-half-year lease partnership for 300 Baker Avenue in Concord, Mass. The move represents Welch’s historical link to Concord, the namesake of the key ingredient in the company’s signature grape products. At the new location, Welch’s will merge its headquarters facility, currently located at 575 Virg

The 2012 Global Outsourcing 100 service providers list recognizes the world’s best outsourcing service providers across all industries as evaluated by an independent panel of judges organized by IAOP. The Leaders comprise the top 75 companies on the list.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Eric Siegrest has joined the Houston team as Managing Director, Leasing.

Cassidy Turley announced that three buildings it manages won 2012 Local Outstanding Building of the Year (TOBY) Award given by BOMA St. Louis in cooperation with BOMA International.

Cassidy Turley was recently recognized with six awards from NAIOP, the Commercial Real Estate Development Association, Nashville chapter. Awards included Broker of the Year, Office Sale of the Year, Industrial Sale of the Year, Industrial Lease of the Year, Redevelopment of the Year and Industrial Development of the Year.

Cassidy Turley was recently named as one of the 2012 Best Places to Work in Indiana. The awards program was created in 2006 and is a project of the Indiana Chamber of Commerce, BizVoice, Inside INdiana Business, the Society of Human Resource Management-IN State Council, the Indiana Economic Development Corporation and Best Companies Group.

Two Atlanta office buildings Cassidy Turley manages won 2012 TOBY Awards from the Building Owners and Managers (BOMA) of Atlanta.

Cassidy Turley was selected by J.P. Morgan Asset Management, acting on behalf of institutional investors it advises, to lease and manage two premier properties in Texas: Fountain Place in Dallas and Post Oak Central in Houston.

Cassidy Turley announced today that commercial real estate industry veteran Charles Fern has joined the firm as Executive Vice President. In this role, he will be responsible for working with institutional and corporate clients and will be based out of the Somerset, N.J. office.

Over his accomplished career, Patrick has successfully completed over 40 full-building transactions and 12 million SF of leases to the Federal Government.

Cassidy Turley, announced today that Travis Young has joined the firm as Managing Director, Transaction Services. In his new position, Mr. Young will have regional responsibilities in Texas, California and Colorado and will focus on providing clients with strategic consulting services. He is based in Cassidy Turley’s Denver office.

Cassidy Turley, recently negotiated two leases at Corporate Center One totaling 209,000 square feet. Cassidy Turley’s Ron Ruffner and Clay Sovich represented the landlord in both transactions.

Cassidy Turley has been ranked fourth among 21 of the nation’s leading commercial real estate service firms in the service providers/lenders category of Commercial Property Executive’s (CPE) 2011 Best Practices Index.

The Hartmann-Ryan team at Cassidy Turley Commercial Real Estate Services was recently the first team ever to be inducted into the Hall of Fame by Midwest Real Estate News.

Demand for office space slowed in the fourth quarter of 2011, but vacancy continued to inch downwards and rents remained steady, according to Cassidy Turley. For the year, the U.S. office sector recorded the strongest level of demand for office space since 2007.

Commercial Real Estate Women (CREW) Dallas today announced that it has awarded its prestigious Outstanding Achievement Award (OAA) for 2011 to Diane Paddison, Chief Strategy Officer of Cassidy Turley, one of the nation’s leading commercial real estate services firms.

Cassidy Turley was selected by Equity Office Properties to manage and/or lease approximately 3 million square feet of Class A office space in three markets.

Cassidy Turley announced today that it has been selected as the exclusive national property accounting partner for Panattoni Development Company. Cassidy Turley will be responsible for the application of more than 3,000 rent payments and the payment of 20,500 invoices on behalf of Panattoni on an annual basis.

Clark Gore, one of the most-respected leaders in Atlanta commercial real estate, will join the company as Regional Managing Principal of its Atlanta office.

Cassidy Turley secured a long term lease agreement for NBC Sports Group for approximately 300,000 square feet of office, production and television studio space at 1 Blachley Road in Stamford, Conn.

Continuing to solidify its spot as the leader in the visual communications industry, International, Inc., the world’s premier business-to-business marketing solution franchise with more than 530 sign and graphic centers, announces the hire of Cassidy Turley to manage site selection, acquisition, and construction management for its new store growth throughout the United States.

Cassidy Turley announced today the expansion of its Walnut Creek office with the addition of Whiff Collins and five other professionals from MCC Realty Group’s brokerage division: Dan Moylan, Tim Hogan, Dean Panfili, Betsy Zimmermann, and Zachary Anderson. Whiff Collins will take on the role of Managing Partner in a new Walnut Creek location scheduled to open in late November at Gateway Centre at 1850 Mt. Diablo Boulevard.

New York City Economic Development Corporation (NYCEDC) today announced the selection of Greiner-Maltz and Cassidy Turley as the exclusive leasing agents for the Brooklyn Army Terminal (BAT), one of the City’s largest industrial properties.

Cassidy Turley announced today that Ron Labetich Company, a local boutique firm based in Los Altos, California, has joined the company. Operating as Cassidy Turley, Ron Labetich & Company will continue to do business at its existing office location at 339 South San Antonio Road, situated just off Foothill Expressway. This will be Cassidy Turley’s 15th Northern California office.

Cassidy Turley, announced today that Stephen J. Pearlman has joined the firm’s New York Office as Senior Managing Director in the capital markets group, effective immediately.

The U.S. office sector continues to show improving office leasing fundamentals, despite the sustained economic slowdown, according to the Office Trends Report published by Cassidy Turley. In fact, this sector is trending towards recovery, as net demand for office space registered at 14.9 million square feet in the third quarter of 2011.

Cassidy Turley Expands Its Capital Markets Group with Key Appointments. Cassidy Turley announced today the expansion of its capital markets group with the appointments of Bob Gilley, Executive Managing Director, and Steve Hermann, Executive Managing Director. Mr. Gilley and Mr. Hermann join Cassidy Turley Northern California from CB Richard Ellis’ investment properties-institutional group.

FHO Partners Joins Cassidy Turley. National Commercial Real Estate Services Firm Adds Full Service Capabilities in Greater Boston with Addition of Premier Organization.

Cassidy Turley announced today that the company ranked third in Real Estate Alert’s mid-year 2011 Top Office Brokers rankings. Cassidy Turley’s growth in capital markets increased the firm’s ranking in 2011. For the first six months in 2011, Cassidy Turley had $1.8 billion of office sales activity. For the full year in 2010, Real Estate Alert ranked Cassidy Turley sixth with $1.2 billion in offic

Cassidy Turley Completes Acquisition of Carter’s Brokerage and Property Management Businesses. The Transaction Expands Cassidy Turley's Presence in Atlanta and Central Florida.

Cassidy Turley announced today that four tenant representation executives will be joining the company to establish a tenant representation practice in Cassidy Turley’s Dallas office. The addition of Greg Biggs, Randy Cooper, Rob Morris and Craig Wilson – all from Cushman & Wakefield’s Brokerage Services Group in Texas – is the latest development in Cassidy Turley’s strategic growth.

Cassidy Turley has achieved LEED® Commercial Interiors Gold certification, established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI), for its St. Louis headquarters.

Cassidy Turley announced today that Don Hunter will join the firm as Managing Principal of its Columbus office, effective August 29. In this role, Mr. Hunter will oversee 44 brokerage and property management associates and run the daily operations in Columbus, while focusing on Cassidy Turley’s strategic growth initiatives in that market. Mr. Hunter has more than 25 years of experience in the commercial real estate industry.

Prologis, Inc., the leading owner, operator and developer of industrial real estate, focused on global and regional markets across the Americas, Europe and Asia, has selected Cassidy Turley as exclusive leasing provider for its 7.4 million square foot portfolio in Greater Cincinnati and Northern Kentucky.

Cassidy Turley announced today that IndCor Properties, an affiliate of Blackstone Real Estate Advisors, has selected the firm to manage approximately 7.8 million square feet of industrial properties in seven cities in the Central U.S.

In the second quarter of this year, the U.S. office market recorded its strongest level of demand for office space in nearly four years according to the latest figures published by Cassidy Turley. Net absorption for office space climbed to +12.8 million square feet (msf) in the second quarter of 2011, marking the fifth straight quarter of positive demand and the largest gain since the third quarter of 2007.

Cassidy Turley announced its commitment to acquire the brokerage and property management businesses of Carter, a national leader in project development, commercial real estate services and investments. Based in Atlanta, Carter maintains full-service offices in Atlanta and Tampa and various offices throughout the U.S.

Cassidy Turley, today announced that 28-year industry veteran Steven H. Gassaway will join the firm as Regional Managing Principal of the Carolinas, effective June 1.

Net demand for retail space has been trending up since July 2010, yet the U.S. retail sector will not reach historical average vacancy before mid-2013, according to Kevin Thorpe, Chief Economist at Cassidy Turley.

According to new U.S. retail market research from Cassidy Turley, the retail sector is seeing positive momentum, unlike the last three years, but it will be years before the recovery is fully complete.

“The speed of the recovery in the industrial sector is accelerating and despite worrisome developments overseas, overall momentum should remain positive,” said Kevin Thorpe, Chief Economist at Cassidy Turley. “After a few quarters of tepid improvement, pent up demand for warehouse space is now being unleashed.”

According to Cassidy Turley, demand recovery in 2010 was primarily concentrated in Washington, DC, New York, and Dallas and is now spreading more evenly across the U.S. Of the 82 markets studied, 52 registered increases in net absorption.

Cassidy Turley is one of 35 companies selected for their commitment to sustainability. The firm placed in the highest of three possible categories, receiving a platinum ranking.

Ms. Paddison joins a prestigious group of civic leaders including Former First Lady, Laura Bush; Charlotte Jones Anderson, Executive Vice President Brand Management / President of Charities, Dallas Cowboys; David W. Bower, Chairman & COO, Delta Computer Corporation of America; Edward Wintons, Chair, Voices for Global Change; and Y. Marc Belton, Executive Vice President, General Mills Inc.

Cassidy Turley, a leading national commercial real estate services firm in the US, announced today that the company has hired Andrew Laing as Vice President of Project and Development Services for the North and South Carolina region.

Cassidy Turley announced today that it arranged the sale of 1331 L Street, NW, a 169,429 square foot trophy office building in Washington, DC.

Mr. Bolton will oversee 100 associates, including 30 brokers and 50 property management professionals. He is responsible for business growth in the Cincinnati and Dayton markets, recruiting, operational excellence and associate development.

Cassidy Turley was named as one of the 2011 Global Outsourcing 100® service providers. The International Association of Outsourcing Professionals® (IAOP®) recognizes the world’s best outsourcing service providers across industries and outsourcing business models.

The Cincinnati buildings, developed by Duke in 1988 and 1992, are located at 312 Elm Street and 312 Plum Street.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has hired Noble Carpenter and Bart Steinfeld to lead its capital markets expansion into key markets across the country.

“Jason will work closely with our other services in Northern California to ensure that all clients – both tenants and owners – have their projects delivered on time and under budget, with minimal risk,” remarked Gary Helminski, Executive Managing Director for Project and Development Services at Cassidy Turley.

“We are extremely pleased to welcome the CAPSTAR team of over 100 employees. This addition is a key component of our strategic growth plan and allows us to offer our full spectrum of services in two significant markets—Dallas and Houston,” said Mark E. Burkhart, CEO of Cassidy Turley.

Cassidy Turley reports that net demand for office space in the U.S. registered at +9.0 million square feet (msf) – the third straight quarter of improvement. In addition, vacancy rates inched down for the first time in over three years, and rents are stabilizing.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Robert I. Cord, III has joined the company as Senior Managing Director of Property Management.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Lisa Huls-Fry has joined the company as Executive Managing Director of Facility Management.

According to Cassidy Turley, a leading commercial real estate services provider in the U.S., the U.S. office sector continues to rebound.

David Houston, a 40-year veteran in the commercial real estate industry, died unexpectedly Monday, October 4th at the age of 65.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it will add eight buildings totaling 930,000 square feet of industrial and flex space to its Nashville property management portfolio.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Red Mango has extended its service agreement with Cassidy Turley Corporate Services.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected to provide property management services for TIAA-CREF’s Northern California industrial portfolio.

Cassidy Turley announced today that it has been named the #1 office sales brokerage firm in three of the top six markets in the U.S.—Washington, DC, St. Louis and Northern Virginia—by Real Estate Alert.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Gayle Matthei-Meredith has joined the company as Chief Marketing Officer.

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that Denver based Fuller Real Estate has officially joined the company. Fuller Real Estate will now formally be known as Cassidy Turley Fuller Real Estate.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Peter B. Hennessy has joined the company as President of the New York Tri-State region and will serve as a member of the Executive Committee and the Board of Directors of the company.

The U.S. economy absorbed industrial space for the first time in 18 months, according to a new report released today by Cassidy Turley.

Cassidy Turley announced today that it has been named the #1 Property Management firm and the #3 Brokerage firm in the Midwest by Midwest Real Estate News in its annual “Best of the Best” rankings.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Edward Jones has extended its partnership with Cassidy Turley Corporate Services.

Cassidy Turley announced today that it arranged non-recourse, fixed-rate loans under Fannie Mae’s multifamily lending program for 5,000 units in 13 apartment properties in four jurisdictions of the Washington metropolitan area.

Cassidy Turley today announced the sale of Research Tri-Center in Durham, North Carolina occurred on June 2, 2010.

GSA Signs Lease in East End for Veterans Affairs

The U.S. Economy Enters Into the Next Cycle of Expansion

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that The Bowery Residents' Committee (BRC), a social service provider, has signed a 33 year lease at 127 W. 25th Street for 104,500 square feet of space.

Addition of Leading Kentucky Firm Further Demonstrates Cassidy Turley’s Commitment to Providing Superior Platform for is Clients

Robinson brings world-class expertise in corporate real estate outsourcing strategy

But manufacturing sector expanding again, positive demand not far off

Addition of Leading Brokerage Company Further Reaffirms Cassidy Turley’s Strategic Expansion

Cassidy Turley, one of the largest commercial real estate services providers in the U.S., today announced that Colliers Barry has officially joined the newly integrated company.

The latest data for the first quarter of 2010 shows that demand for U.S. office space continues to improve.

Cassidy Turley officially launched its new brand, national identity, advertising campaign and website today.

Cassidy Turley, one of the nation’s largest commercial real estate services providers, announced today that Diane S. Paddison has joined the company as Chief Strategy Officer.

Partnership will be World Class Provider of Commercial Real Estate Services

Addition of CPS CORFAC will Create Largest Commercial Real Estate Firm in Silicon Valley and the Peninsula

New Brand Will Officially Launch March 1, 2010; This Adds 24 Locations, Further Enhances Services, Reflects Nationwide Focus and Expands Geographic Footprint