TIAA-CREF Awards Cassidy Turley Leasing and Property Management Assignments for Franklin Square and City Center in Washington, DC Two buildings total 818,724 square feet of trophy office space
WASHINGTON, July 18, 2012 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by TIAA-CREF, a financial services organization, to provide leasing and property management services for Franklin Square, located at 1300 Eye Street, and City Center, located at 1401 H Street, in Washington, DC. Cassidy Turley's Eli Barnes, Will Stern, Bobby Schwartz, Darian LeBlanc and Laurie Mc Mahon will handle the leasing of the buildings, and Ben Comm, Dianne Twinam and Lee Dunfee will handle the property management.
"We look forward to assisting TIAA-CREF in enhancing the value of their commercial real estate portfolio by providing our top-of-the-line leasing and property management services for these outstanding assets," commented Joe Stettinius, President of Cassidy Turley. "We pride ourselves on providing our clients with integrated services that are creative, cost-effective and help their assets realize full potential," he continued.
Franklin Square and City Center are both trophy buildings located in the East End submarket, with views of Franklin Square Park. Franklin Square was designed by world-renowned architects Philip Johnson and John Burgee, and has 467,937 square feet of office space. Tenants include Weil Gotshal & Manges, Bates & White, Sheppard Mullin Richter & Hampton LLP, Wells Fargo and the Bill & Melinda Gates Foundation. City Center has 350,787 square feet of office space, with a tenant-only conference facility. Tenants include Investment Company Institute, Millennium Challenge Corporation, Ober Kaler and Grimes & Shriver. Both buildings offer on-site delicatessens, tenant-only fitness centers, on-site property management and are proximate to the McPherson Square Metro station (Blue and Orange lines).
TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with $487 billion in assets under management (as of 3/31/12) and is the leading provider of retirement services in the academic, research, medical and cultural fields. TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products.
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