Cassidy Turley Welcomes CPS CORFAC to New Firm; Cassidy Turley Brand to Officially Launch March 1, 2010

Addition of CPS CORFAC will Create Largest Commercial Real Estate Firm in Silicon Valley and the Peninsula

Jan 19, 2010, 12:46 ET from Cassidy Turley

ST. LOUIS, Jan. 19 /PRNewswire/ -- Cassidy Turley, one of the nation's largest commercial real estate service firms, today announced that CPS CORFAC International will be joining the new Cassidy Turley brand on the West Coast to become the largest commercial real estate firm in Silicon Valley and the Peninsula. The firm will operate as Cassidy Turley CPS starting March 1, 2010.

As announced on January 11, 2010, Colliers Turley Martin Tucker, Cassidy & Pinkard Colliers, Colliers Pinkard, Colliers ABR, BT Commercial in Northern California, BRE Commercial in Southern California, BRE Commercial in Arizona, and Colliers Houston & Co. of New Jersey will officially rebrand as Cassidy Turley. They will officially launch the new brand, structure, logo and website on March 1, 2010. The launch of the new brand is the initial step in communicating the company's comprehensive and enhanced strategy.

"We are delighted to welcome CPS to the Cassidy Turley brand," said Mark E. Burkhart, CEO of Cassidy Turley. "We are committed to providing the highest level of service to our clients and will continue to strategically expand our service offerings. This is yet another example of the strength of our capabilities to deliver exceptional value to our customers."

Todd Beatty will become Executive Vice President and Managing Partner of Cassidy Turley CPS and will report directly to Mike Kamm, CEO of Cassidy Turley BT Commercial.

"Our new partnership with Cassidy Turley represents huge steps forward for CPS," said Todd Beatty, Executive Vice President and Managing Partner of Cassidy Turley CPS. "CPS gains a vastly improved San Francisco Peninsula presence and a stronger regional, national, and international partner in Cassidy Turley, all of which will enhance our ability to service and advise our clients."

"This move isn't just about getting bigger. We are aligning ourselves with other market leading organizations that share a vision of delivering our clients expanded market insight and cutting edge real estate services in an increasingly competitive global marketplace," added Beatty.

"CPS has built a sterling reputation based on the quality of its leadership, integrity of its professionals and the top-tier service it provides to its clients," added Mike Kamm, CEO of Cassidy Turley BT Commercial. "We foresee tremendous near-term synergies with the Cassidy Turley BT Palo Alto office, as well as those farther up the SF Peninsula and in the East Bay."

Since its founding in 1977, CPS has been the premier commercial real estate services company located in the Silicon Valley. CPS maintains a roster of 30 brokers in its Santa Clara office and has participated in the development of over five million square feet of buildings, leased or sold over 169 million square feet of office, industrial, and R&D property, and sold over 6,100 acres of land. Beyond Silicon Valley, CPS has completed real estate assignments in over 15 countries and more than 35 US States since January 2000.

In providing clients with integrated, tailored solutions, Cassidy Turley delivers high quality end-to-end commercial real estate services, specializing in Capital Markets; Corporate Services (a division which supports more than 22,000 locations for Fortune 1,000 companies); Landlord and Tenant Representation, Property Management, and Project and Development Services. Cassidy Turley offers first class market research and industry expertise for the following practice groups: Automotive, Food Facilities, Healthcare, Higher Education, Hospitality, Law Firm, Life Sciences, Not-for-Profit and Retail sectors.

About Cassidy Turley

The firm will operate as Cassidy Turley starting March 1, 2010. Cassidy Turley is one of the nation's largest commercial real estate service firms, with 420 million square feet of managed space in 58 locations and $16 billion in completed transactions for 2008. Cassidy Turley is a privately held firm owned by its 360 shareholders created from the August 2008 merger of Cassidy & Pinkard Colliers in Washington, DC, Colliers Turley Martin Tucker in the Midwest, Colliers ABR in New York City and Colliers Pinkard in Baltimore, Charlotte and Raleigh, along with the addition of BT Commercial and CPS in Northern California (formerly affiliated with NAI and CORFAC, respectively), BRE Commercial in Southern California and Phoenix (both formerly affiliated with Grubb & Ellis) and Colliers Houston & Co. of New Jersey. Through its team of experienced service professionals, Cassidy Turley focuses on the needs of its clients, offering end-to-end services delivered across a full spectrum of commercial real estate including Capital Markets, Corporate Services (which supports more than 22,000 locations), Landlord and Tenant Representation and Property and Project Management. The firm also offers specialty services and industry focused practice groups as well as first class market research. In addition, Cassidy Turley is a leader in assisting clients to create more sustainable workplace environments.  Please visit www.cassidyturley.com for more information.

SOURCE Cassidy Turley



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