Clarion Partners Awards Cassidy Turley Property Management for Chevy Chase Pavilion in Washington, DC
WASHINGTON, June 20, 2012 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by Clarion Partners, LLC to provide property management services for Chevy Chase Pavilion – an 894,921 square foot mixed-use project located at the intersection of Wisconsin and Western Avenues in Northwest Washington, DC.
"We are thrilled that Clarion Partners has entrusted us with the management of this world-class asset," commented Bill Grillo, Senior Managing Director with Cassidy Turley. "There are many exciting things taking place at Chevy Chase Pavilion, including a $32 million renovation of the retail atrium, the addition of several new retail tenants and the complete renovation of the parking garage. We look forward to enhancing the value of the property, including both tenant and customer experiences with our best-in-class property management services," he continued.
The project's 204,621 square foot, 9-story office tower, 5335 Wisconsin Avenue at Chevy Chase Pavilion, was renovated in 2011 and achieved LEED® Silver certification. Additionally, three new retail tenants have recently executed leases – Range, a 15,500 square foot restaurant owned by "Top Chef" alumnus Bryan Voltaggio; a 3-level, 21,704 square foot H&M; and The Civil Lounge, a 5,466 square foot small plate eatery and cigar lounge from W. Curtis Draper Tobacconist. Other major tenants include Embassy Suites, Cheesecake Factory, J Crew, World Market, Loft and Starbucks.
Earlier this year, Clarion Partners also selected Cassidy Turley to provide property management services for the McPherson Building, a 239,174 square foot Class A office building located at 901 15th Street, in Northwest Washington, DC.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
SOURCE Cassidy Turley