USAA Real Estate Co. Hires Cassidy Turley to Manage More Than 2 Million Square Feet New Agreement Expands USAA RealCo, Cassidy Turley National Relationship
INDIANAPOLIS, July 10, 2013 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that the USAA Real Estate Co. (USAA RealCo) has selected the firm to manage three metro-Indianapolis buildings totaling more than 2 million square feet.
While Cassidy Turley Project Leasing and Property Management teams represent USAA RealCo properties in Louisville and Washington, DC, this portfolio marks Cassidy Turley's first partnership with USAA RealCo in the Indianapolis region. Properties in the agreement include Plainfield Distribution Center at 2150 Stanley Drive, Plainfield, IN, which totals 493,500 SF; GreenParke at Airwest at 3747 Plainfield Road, Plainfield, IN, which totals 770,640 SF; and Airwest Distribution Center at 2801 Airwest Boulevard, Plainfield, IN, which totals 804,586 SF. Additionally, Luke J. Wessel, SIOR, Senior Managing Director, Principal, at Cassidy Turley will lead Project Leasing efforts at GreenParke at Airwest.
"We are pleased to be growing our presence in Plainfield," said Jason Hans, Executive Director Portfolio Management, USAA RealCo. "We are also pleased to be expanding our relationship with Cassidy Turley to the Indianapolis Region."
Leading the assignment for Cassidy Turley will be Timothy J. Michel, CPA, Senior Managing Director, Principal; Cheri L. Shepherd, CPM, Managing Director, Principal; and Tracy Johnson, Property Manager.
"Cassidy Turley is excited about the opportunity to further our professional relationship with USAA RealCo," said Ms. Shepherd. "USAA and the Cassidy Turley property management team will work closely to position these buildings as some of Indianapolis' top business addresses."
About USAA Real Estate Company
USAA Real Estate Co., with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Co. is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 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. The Indianapolis Business Journal 2013 Book of Lists ranks Cassidy Turley as #1 Indianapolis-area commercial real estate brokerage and the #1 Indianapolis-area commercial property management firm. Cassidy Turley has been named one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce for each of the past seven years. Please visit www.cassidyturley.com for more information.
SOURCE Cassidy Turley