Local News

Cassidy Turley announced today that it arranged the sale of Rockville Corporate Center, located in Rockville, MD. Cassidy Turley’s Paul Collins, Bill Collins, Drew Flood, Jud Ryan and James Cassidy represented the seller. Matan Companies acquired the property for $54,200,000.

Cassidy Turley, announced today that Whiteboard Federal Technologies and Intrepid Solutions and Services, Inc. have executed leases for 3,277 and 2,683 square feet of office space, respectively, at Reston Corner I, located at 12001 Sunrise Valley Drive in Reston, VA. Cassidy Turley’s Spencer Stouffer, Tim Summers, Scott Goldberg and Shaun Collins represented the building owner, Garrison Investment Group.

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, announced today that FTI Consulting, Inc. has signed a lease to occupy the entire fourth floor at Tysons Metro Center I, located at 8251 Greensboro Drive in McLean, VA. Cassidy Turley’s Spencer Stouffer, Tim Summers, Todd Brinkman and Avi Fisher represented the building owner, Beacon Capital Partners, in the 15,756 square foot lease with an approximate 11-year term.

Cassidy Turley, announced today that the Cassidy Turley 15th Annual Race for Hope DC held on Sunday, May 6, 2012 to benefit National Brain Tumor Society (NBTS) and Accelerate Brain Cancer Cure (ABC2) raised $2.5 million. More than 12,000 runners, walkers, survivors and volunteers participated in this year’s event, which is the country’s largest fundraiser for the brain tumor community.

Cassidy Turley announced today that it arranged the sale of 1375 Piccard Drive and has been selected to provide leasing and property management services for the new owner, Brookfield Property Group, a part of Brookfield Asset Management.

Cassidy Turley announced today that it arranged the sale of approximately 67,000 square feet of rentable office space at 111 K Street, NE, a Class A office building in Washington, DC.

Cassidy Turley announced today that it was named Regional Leasing Firm of the Year and Sales & Financing Firm of the Year by Greater Washington Commercial Association of Realtors (GWCAR) for the second year in a row. Bill Collins, Executive Managing Director with Cassidy Turley, was named Broker of the Year.

Cassidy Turley announced today that it has been selected by Gosnell Properties Inc., a long standing Washington area real estate development and management firm, to provide exclusive leasing services for International Gateway, located at 8100 Boone Boulevard in Vienna, VA.

Cassidy Turley announced today that it arranged the sale of South Lake at Dulles Corner, a 100 percent leased Class A office building in Herndon, VA.

Cassidy Turley announced today that Clinical Care Options, LLC has signed a long term lease for 7,377 square feet of office space at Reston Corner I, located at 12001 Sunrise Valley Drive in Reston, VA.

Cassidy Turley announced today that it secured $40 million in permanent financing for the Bradley-Arlington Complex, a 151,221 mixed-use complex in Bethesda, Maryland.

Cassidy Turley announced today that T Systems North America, Inc. has signed a five-year lease expansion and renewal for 7,486 square feet of office space at Parkridge V, located at 10780-10790 Parkridge Boulevard in Reston, VA.

Cassidy Turley announced today that the Washington, DC metro area office market saw growth in non-farm employment levels and progress in federal leasing activity, as GSA prospectus leases were approved for the region in March.

Cassidy Turley announced today that it secured $20 million in permanent financing for The Metropolitan Shops at Prince George’s Station located in Hyattsville, Maryland.

Cassidy Turley announced today that The Farragut Building has been awarded LEED® for Existing Buildings: Operations & Maintenance (LEED for Existing Buildings: O&M) Gold certification, established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI).

Cassidy Turley announced today that it has been selected by TIAA-CREF, a financial services organization, to provide leasing and property management services for 1616 N. Fort Myer Drive in Arlington, VA.

Cassidy Turley announced today in its 2012 State of the Capital Markets Report that the Washington, DC metro area’s office sales volume totaled $7.2 billion in 2011 – an increase of 68 percent over 2010 and far exceeding the $5.4 billion historical average.

Cassidy Turley announced today that it secured $70.5 million in debt financing for the AMB/Prologis Maryland Portfolio, which consists of 24 office buildings located in suburban Maryland.

Cassidy Turley announced today that it has been selected by Property Group Partners to provide exclusive leasing services for the I-395 Air Rights Development in downtown Washington, DC.

Cassidy Turley announced today that with recent closings in December, its Capital Markets Structured Finance team surpassed 5.3 million square feet of development projects financed over the past 24 months, approximately half of which closed in 2011.

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 it has secured a fixed-rate loan on behalf of Donatelli Development, Gragg & Associates, and a client of Invesco Real Estate for Highland Park Phase I, a 229 unit apartment building located above the Columbia Heights Metro station at 14th and Irving Streets, NW, in Washington, DC.

Cassidy Turley announced today that it arranged the sale of Braddock Gateway- Phase I, a high-rise residential development site located in the emerging Braddock neighborhood of Alexandria, VA.

Cassidy Turley announced today that it arranged the sale of the building that will become Verisign’s global headquarters - a 221,326 square foot office building located at 12061 Bluemont Way in Reston, VA.

Cassidy Turley announced today that it arranged the sale of One Virginia Square; a 100 percent leased Class A office building in Arlington, VA.

Cassidy Turley announced today that it secured a fixed-rate loan for the Pines of York, a 248-unit, garden-style apartment community located in historic Yorktown, VA.

Cassidy Turley announced today that it arranged the sale of the Pines of York apartments, a 248-unit garden-style multifamily property located in Yorktown, VA.

Cassidy Turley announced today that it secured a permanent loan for the McPherson Building, located at 901 15th Street, NW in Washington, DC.

Cassidy Turley announced today that it secured a long term, fixed-rate loan for the Empire Apartments, a 151-unit, 8 story building located at 2000 F Street, NW, in downtown Washington, DC.

Cassidy Turley announced today that it arranged permanent financing for 1001 Fleet Street, a 222,578 square foot Class A office building located in Baltimore’s Inner Harbor.

Cassidy Turley announced today that it arranged the sale of 601 N. Fairfax Street, a 129,564 square foot office building located in Old Town Alexandria, VA.

Cassidy Turley announced today that the Washington, DC office market saw slowed demand in the third quarter of 2011, due to a standstill in government leasing.

Cassidy Turley announced today that 500 New Jersey Avenue, NW has been awarded LEED® for Existing Buildings: Operations & Maintenance (LEED for Existing Buildings: O&M) Gold certification, established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI).

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 announced today that it arranged three separate sale transactions involving an aggregate of approximately 2 million square feet of industrial space as well as two office assets.

Cassidy Turley announced today that it arranged the sale of 8301 Professional Place, a 137,000 square foot Class A office building located in Landover, MD.

Capital Associates, a North Carolina based full-service commercial real estate company, and Cassidy Turley announced today the sale of Keystone Technology Park, an 806,157 square foot, 11-building portfolio in Durham, NC.

Cassidy Turley announced today that Dulles Corner Gateway has achieved the U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design for Existing Buildings: Operations & Maintenance Gold certification.

Cassidy Turley announced today that it arranged $54.5 million of financing for the United Federation of Teachers (UFT).

Cassidy Turley announced today that it has been selected by Garrison/FD Stonewater to provide exclusive leasing and property management services for a 534,224 square foot portfolio in Reston, Virginia.

Cassidy Turley announced today that it arranged the sale of the National Press Building, containing approximately 420,000 square feet of office and retail space in Washington, DC.

Beacon Capital Partners, LLC and Cassidy Turley announced today that ten office buildings owned by affiliates of Beacon Capital Partners, LLC have been awarded LEED® for Existing Buildings: Operations & Maintenance (LEED for Existing Buildings: O&M), established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI).

Cassidy Turley announced today that it has been selected by Union Investment Real Estate GmbH (Union Investment) as its exclusive leasing agent for 600 13th Street, NW.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by TA Associates Realty to provide exclusive leasing services for Dulles Station West located at 2300 Dulles Station Boulevard in Herndon, Virginia.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it arranged the sale of 1100 and 1101 4th Street, SW at Waterfront Station, two new office buildings with ground floor retail totaling 639,546 square feet in Washington, DC.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that its investment sales activity in the Washington, DC metropolitan area jumped more than 450 percent.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Clark Enterprises, a long-time successful real estate owner, investor and developer in the Washington DC region, has selected the firm as exclusive leasing agent for The Clark Building - a 296,123 square-foot class A office building located at 7500 Old Georgetown Road in Bethesda, MD.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it represented Source Office Suites in a 10 year, 22,639 square foot lease renewal at Twinbrook Office Center, located at 1700 Rockville Pike in Rockville, MD.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Federal procurement could generate demand for up to 4.7 million square feet of office space in the Washington, DC region by 2014, if demand continues to follow historical patterns.

Cassidy Turley announced today that the Washington, DC region continues to lead the U.S. in many key statistics, including gross regional product (GRP) growth, job growth, and unemployment, which was the lowest rate among major metropolitan areas at 5.8 percent in March.

Cassidy Turley announced today that Chantilly BioPharma, LLC signed a 79,776 square foot, direct, 10-year lease at Avion Flex Tech I & II, located at 3701 & 3725 Concorde Parkway.

Cassidy Turley announced today that it arranged $13.5 million in debt financing for 1111 18th Street NW, a 74,234 square-foot class A office building located in Washington, DC’s Central Business District.

Cassidy Turley announced today that it arranged the sale of 1300 N 17th Street, a 100 percent leased office building in the Rosslyn submarket of Arlington, VA.

Cassidy Turley announced today that it has hired Joan McCarty, CSM as Vice President, Retail Property Management.

Cassidy Turley announced today that it arranged the sale of One Washingtonian Center, a 315,929 square foot office building in Gaithersburg, Maryland.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that the Cassidy Turley 14th Annual Race for Hope DC held on Sunday, May 1, 2011 to benefit National Brain Tumor Society (NBTS) and Accelerate Brain Cancer Cure (ABC2) raised a record-setting $2.5 million.

Cassidy Turley announced today that the law firm of Rothwell, Figg, Ernst & Manbeck, P.C. has signed a 10-year, 42,181 square foot lease at The Westory, 607 14th Street, NW.

Cassidy Turley announced today that it was named Regional Leasing Firm of the Year and Sales & Financing Firm of the Year by Greater Washington Commercial Association of Realtors (GWCAR).

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it arranged $46.5 million in debt financing for Georgetown Center, two office buildings totaling 293,845 square feet located in Washington, DC.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by ASB Real Estate Investments to provide property management and project management services for 455 Massachusetts Avenue NW - a new class A, 242,366 square foot office building located in the East End’s Mount Vernon Triangle submarket of Washington, DC.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has arranged bridge financing totaling $172 million for 25 Massachusetts Avenue, also known as Republic Square I – a 385,765 square foot trophy office building centrally located in the Capitol Hill submarket of Washington, DC.

Cassidy Turley and the Apartment and Office Building Association of Metropolitan Washington (AOBA) announced today that 500 New Jersey Avenue, NW has been awarded the Middle Atlantic Regional Outstanding Building of the Year Award in the Under 100,000 Square Foot category by the Building Owners and Managers Association (BOMA).

Cassidy Turley announced today that it arranged a three building Washington, DC portfolio transaction involving the recapitalization of 1600 K Street, NW, an 86,606 square foot office building, and the sale of Georgetown Center, two office buildings totaling 293,845 square feet.

Cassidy Turley announced today that it arranged $23 million in debt financing for 1600 K Street NW, an 86,606 square foot corner office building located in downtown, Washington, DC.

Cassidy Turley announced today that it arranged the three building portfolio sale of Cedar Hill I & III, two Class A office buildings totaling 102,632 square feet in Tysons Corner, VA, and Columbia Office, a Class A, 137,677 square foot office building in Columbia, MD.

Cassidy Turley announced today that it arranged the sale of Nottingham Hall, a 105,363 square foot office building in Durham, North Carolina.

Cassidy Turley announced that it secured long-term, fixed-rate financing for Centene Plaza, a newly constructed, 486,000 square foot trophy-quality office tower in Clayton, Missouri.

Cassidy Turley announced today that it arranged the sale of a recently constructed, 259,531 square foot, LEED Silver, trophy asset in Durham, NC.

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.

Cassidy Turley announced today that it arranged the sale of Meadows I, a 104,003 square foot office building in Chantilly, Virginia.

Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by Virginia Tech Research Institute to provide property management services for 900 N Glebe Road - a new 7-floor, 134,165 square foot office building located in Arlington, Virginia’s Ballston submarket.

Cassidy Turley announced today that two new tenants have signed leases totaling 77,192 square feet at Clarendon Square.

Cassidy Turley announced today that Benjamin Comm, Managing Director of Cassidy Turley, was installed as 2011 President of the Apartment and Office Building Association of Metropolitan Washington (AOBA).

Cassidy Turley announced today that it has secured equity financing for Donatelli Development’s next phase of Highland Park, a 144 unit apartment project located above the Columbia Heights Metro station at 14th and Irving Streets, NW, in Washington, D.C., and recapitalized the mezzanine and senior debt for the existing 229 unit Highland Park building.

Cassidy Turley announced today that Jacobs Engineering Group, Inc. has signed a 96,096 square foot renewal and expansion lease at Three Ballston Plaza, located at 1100 North Glebe Road.

Cassidy Turley announced today that it has hired two new brokers to lead the expansion of the company’s multifamily investment services.

Cassidy Turley announced today that the Washington, DC office market continues to be one of the healthiest in the country.

Cassidy Turley announced today that it secured long-term, fixed-rate financing for 1818 N Street, NW, located in Washington, DC.

Cassidy Turley today announced that it secured long term, fixed rate financing for 1828 L Street, NW, located in Washington, DC.

Cassidy Turley announced today that it secured financing for Abdo Development’s 120 unit, luxury condominium project, located in the Rosslyn Ballston corridor in Arlington County, Virginia.

Cassidy Turley announced today that it arranged the sale of 1501 M Street, a 177,525 square foot trophy asset located in Washington, DC.

According to Cassidy Turley Research, Base Realignment and Closure (BRAC), announced in 2005 by the US Department of Defense to reorganize its military base structure, has the potential to make a significant impact on the suburban Washington, DC- Baltimore region’s employment, local businesses, and real estate markets.

Cassidy Turley announced today that Gibbs & Cox signed a 5-year, 29,144 square foot lease at 2711 Jefferson Davis Highway, a 134,297 square foot office building in Arlington, Virginia.

Cassidy Turley announced today that Dianne Twinam has joined the company as Vice President - Property Management.

Cassidy Turley announced today that it arranged a ten-year, fixed rate loan for The Whitney at Bethesda Theatre residences located in Bethesda, MD.

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that it has been selected by Atlantic Realty Companies to provide exclusive marketing and leasing services for 8150 Leesburg Pike (198,250 sf), George Mason Square (90,747 sf) and 150 S Washington Street (33,947 sf).

Cassidy Turley announced today that the U.S. General Services Administration (GSA) has awarded a 523,482 square foot, 20-year lease for the Defense Intelligence Agency (DIA) to occupy Patriots Park, a highly secure complex in Reston, Virginia.

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that it has been selected by First Potomac Realty Trust as the leasing agent for Three Flint Hill, 3201 Jermantown Road - a 173,764 square foot office building in Oakton, Virginia.

Cassidy Turley today announced that The Westory, 607 14th Street, NW, owned by Deka Immobilien Investment GmbH and managed by Cassidy Turley, has achieved the U.S. Green Building Council’s (USGBC’s) Leadership in Energy and Environmental Design for Existing Buildings: Operations & Maintenance (LEED for Existing Buildings: O&M) Silver certification.

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 announced today that it has been named the #1 office sales brokerage firm in Washington, DC and Northern Virginia by Real Estate Alert.

Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that it has been selected to provide property management services for TA Associates Realty’s 1,225,026 square foot office portfolio in Northern Virginia.

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 AllWorld Language Consultants, Inc. (ALC) signed a 41,481 square foot lease at Commerce Executive Center III, 1850 Centennial Park Drive.

Cassidy Turley announced today that it arranged the sale of Senate Square, 432 luxury apartments located in the burgeoning H Street Corridor in downtown Washington, DC.

Mr. Motta will be responsible for overseeing office portfolios in the DC region and will assist with new business development.

For the first time in two years, the demand for office space exceeded what was returned to the market, according to Cassidy Turley’s latest National Office Trends Report.