Cassidy Turley announced that Denver-based Industrial Income Trust (IIT) has purchased Broadway 101 Commerce Park, an 808,419-square-foot institutional-quality industrial development in Mesa, AZ. IIT, a non-traded real estate investment trust, purchased the property for $77,002,000 in a cash deal.

Cassidy Turley's Property Management has been selected by landlord Clarion Partners to provide management services for its premier San Francisco tower at 600 California Street. Built in 1990, the 20-story Class A high-rise totals ±358,590 square feet of high-quality office space that is well located in the City’s desirable Financial District. Cassidy Turley’s Jim Arce, the firm’s newly appointed Managing Director of the West Region, will head the management team.

Cassidy Turley will provide an array of corporate services including transaction management, project management, lease administration and portfolio consulting for the State’s 195 million-square-foot portfolio of leased and owned real property.

Equity Office Properties has selected Cassidy Turley to lease and manage a three-building portfolio of Northern Virginia office buildings totaling 690,375 square feet.

Cassidy Turley will explore various disposition, project leasing and other value enhancement strategies for ExxonMobil’s 117-acre corporate campus at 3225 Gallows Road.

Demand for office space in the first quarter of 2013 flattened, but market fundamentals continued to improve. Results point to a transformation in the U.S. office market as end users seek more efficient space and office footprints.

Cassidy Turley announced today that James W. Arce has joined the firm as Senior Managing Director, West Region. In his new position, Mr. Arce will take a leadership role in account management and business development efforts as Cassidy Turley expands its property and facility management and project leasing business lines across the region and U.S.

Chambers Street Properties has selected Cassidy Turley to manage office properties in four markets: Dallas, Houston, Columbus and Raleigh.

Cassidy Turley has announced that the McPherson Building, located at 901 15th Street NW and owned by Clarion Partners, has been awarded LEED® for Existing Buildings Platinum certification.

International Association of Outsourcing Professionals® (IAOP®) has named Cassidy Turley a Leader on The 2013 Global Outsourcing 100® service providers list for the third consecutive year.

The U.S. Environmental Protection Agency (EPA) has recognized Cassidy Turley as a 2013 ENERGY STAR Partner of the Year for strategically managing and improving energy efficiency for its entire property management portfolio of office buildings as well as its occupier clients.

Cassidy Turley announced today that Arlington, VA-based Insight Property Group has closed on construction equity and debt financing totaling $129 million for two apartment developments – Fenwick Station in Silver Spring, MD, and Huntington Metro in Alexandria, VA, totaling 550 units.

Cassidy Turley has announced that it has secured financing for the Air Rights Center in Bethesda, MD.

Cassidy Turley announced that Washington Real Estate Investment Trust (WRIT) has selected the firm to sell its 1.3 million square foot medical office portfolio.

Cassidy Turley announced that Parkway Properties, Inc. has selected the firm to lease Phoenix Tower in Houston’s Greenway submarket.

Cassidy Turley announced that John Benziger has been named Regional Managing Principal for Cassidy Turley in the DC Metro Region.

Cassidy Turley was selected by Westcore Properties, an international real estate acquisitions firm with a specialized focus on well-located multi-tenant industrial and office properties, to manage approximately 11.1 million square feet of industrial, office and retail space in Northern California as well as industrial space in Indianapolis and St. Louis.

Cassidy Turley announced that Greg Moss has been named Regional Managing Principal of Cassidy Turley in Northern California.

Cassidy Turley announced that Executive Managing Director Frank McCafferty will lead the firm’s Occupier Services team in Texas.

Cassidy Turley announced that Michael Kamm has been promoted to President of the company. Mr. Kamm also will join Cassidy Turley’s Board of Directors, and he will remain based in San Francisco.

Demand for office space surged in the fourth quarter of 2012 despite economic uncertainty related to the fiscal cliff, according to research released by Cassidy Turley.

Cassidy Turley represented Patton Boggs LLP in a 15-year renewal of the law firm’s lease at 2550 M Street, NW in Washington, DC’s West End business district.

The ExecRank rankings are the result of 2 years of research and feedback from evaluation committees and top Chief Marketing Officers that yielded an algorithm for how to rank Marketing Executives based on their performance in 24 key areas.

Cassidy Turley released research examining the impending fiscal cliff’s impact on commercial real estate markets across the country.