Welcome to Raleigh
Cassidy Turley, a leading commercial real estate services provider in the U.S., expanded its operations in the Triangle region in 2014 with the acquisition of Synergy Commercial Properties, one of the leading tenant representation and capital markets firms in the region. The acquisition complements Cassidy Turley’s strong, existing capabilities in the Raleigh-Durham area, which include capital markets, project leasing, project and development services, property management and tenant representation. With the acquisition, Synergy founder Rich Harris assumed the role of Managing Principal for the Raleigh-Durham market.
From 2012 through 2013 our brokerage professionals completed nearly 500 transactions totaling $850 million, encompassing 14.5 million square feet and over 3,800 acres of land. We support our clients throughout the Triangle and Carolinas by examining their real estate challenges and delivering tailored and measurable solutions. The firm is highly ranked in the Triangle market by industry organizations and business publications, while our professionals are consistently recognized as top producers. Our Carolinas Capital Markets team is currently ranked No. 1 in the greater Raleigh area for office and industrial sales. Our Property Management team has been ranked No. 1 in the market by the Triangle Business Journal for the past two years, and manages a portfolio of more than 8.6 million square feet comprising all building types. We also measure our success through focused community engagement with local organizations like Habitat for Humanity, Salvation Army and The Leukemia and Lymphoma Society.
The professionals in our Raleigh office possess in-depth knowledge of the Triangle-area commercial real estate market, and are experts in a wide range of services, including -
- Capital Markets
- Corporate Services
- Project Leasing
- Project & Development Services
- Property Management
- Tenant Representation
Our goal at Cassidy Turley is to build lasting partnerships by providing comprehensive services. We take the time to fully understand our clients’ needs and assemble the best talent and resources to meet and exceed their objectives. We are committed to providing a senior single point of contact for every commercial real estate need.
About the Raleigh Market
The Raleigh-Durham-Cary Triangle market is a key research and high-tech hub of the Southeastern United States, and features the world-famous Research Triangle Park, a 7,000 acre development, home to more than 170 companies and employing over 39,000 workers. Encompassing more than 80 million square feet of office, R&D, and industrial space, the Triangle market outperformed national metrics over the past several years because of the strong education, government, technology and biotechnology, and health-care sectors that undergird the market’s foundation and are the main economic drivers for the United States. Known for having one of the most well-educated workforces in the nation with nearly 50% of adults over 25 holding a bachelor’s degree or higher, the local economy benefits substantially – and is named for – the educational powerhouses of Duke University, the University of North Carolina (UNC) at Chapel Hill, and North Carolina State University. Counting the smaller universities and colleges in the area as well, there are more than 183,000 students in the region.
With many local industries flourishing as a function of research-intensive public/private partnerships with Research Triangle Park and local universities, the Triangle metropolitan area boasts the lowest unemployment rate in the state and generated 48% of the state’s net jobs in 2013. Recent corporate expansions in the Triangle market include high-caliber national and international firms such as Lenovo, Red Hat, Citrix, Bayer CropScience, and LexisNexis.
Accordingly, the Triangle continues to be well-ranked in national measures of population and economic growth, lifestyle, and business costs:
- #1 Fastest Growing Metro from 2000-2013 (Raleigh-Cary), The Atlantic Cities, April 2014
- #1 Best City for Raising a Family (Raleigh), Forbes.com, April 2014
- #3 Top City for Business Prosperity in 2014 (Raleigh), Business Review USA, January 2014
- #4 Best Large City for Job Growth 2014 (Raleigh-Cary), New Geography, June 2014