Edward Jones Extends Its Partnership With Cassidy Turley Corporate Services

Jun 23, 2010, 12:30 ET from Cassidy Turley

ST. LOUIS, June 23 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Edward Jones has extended its partnership with Cassidy Turley Corporate Services.

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Over the past 16 years, Cassidy Turley has assisted in the opening of 10,000 new locations for Edward Jones - opening more than 750 branch office locations annually.

"We are delighted to continue our partnership with this very important client," said Richard Etzkorn, Senior Vice President of Cassidy Turley Corporate Services.  "Assisting Edward Jones implement its growth strategy is a high priority for us.  Our partnership with them is an example of our commitment to delivering integrated, tailored solutions and superior results."

In 2009, Cassidy Turley delivered cost savings of more than $10 million for Edward Jones, completing almost 2,000 renewals, opening 696 new branches and relocating 192 branches.

Cassidy Turley currently provides complete turn-key services for new branch leasing, portfolio administration, facilities maintenance, design and construction, furniture and signage, and accounting for Edward Jones branch offices across the United States and Canada. Cassidy Turley also provides on-site management of their 1.7 million square feet of headquarters space in St. Louis, MO and Tempe, AZ.

"When a firm is expanding as rapidly and consistently as Edward Jones, it only makes sense to outsource the commercial real estate function to the experts," said Jim Weddle, managing partner of Edward Jones. "Cassidy Turley brings a level of expertise that has proven invaluable for many years."

The partnership with Edward Jones began in 1990 when Cassidy Turley was hired to manage the St. Louis headquarters campus. In 1993, Cassidy Turley was further engaged to launch a pilot transaction management program to help Edward Jones achieve aggressive growth goals.

Serving more than 7 million clients in 11,500 branches, Edward Jones has more offices than any other investment firm in America. A privately owned company headquartered in St. Louis, MO, Edward Jones is consistently ranked among the best companies to work for by Fortune Magazine.  

About Cassidy Turley

Cassidy Turley is a leading commercial real estate services provider in the U.S., with 420 million square feet of managed space, 58 offices, 19 national markets, and more than $13 billion in completed transactions for 2009. Outside of North America, Cassidy Turley partners with GVA Grimley, the founder and majority shareholder of GVA Worldwide. Cassidy Turley serves owners, investors and occupiers by offering integrated, tailored solutions across a full spectrum of commercial real estate services including capital markets, corporate services (which supports more than 25,000 locations), project leasing, property management, project and development services, and tenant representation. The firm recently ranked in the Top 10 on the Lipsey Co.'s Commercial Real Estate Top Brands Survey. Please visit www.cassidyturley.com for more information about the company.

SOURCE Cassidy Turley