BOSTON, Sept. 15, 2011 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has acquired FHO Partners. FHO Partners will be formally known as Cassidy Turley FHO effective immediately and will transition to the Cassidy Turley name over time.
"We are very pleased to welcome FHO Partners to the Cassidy Turley family," said Mark E. Burkhart, CEO of Cassidy Turley. "We were attracted to FHO Partners' client-focused approach, strength in tenant representation and consulting, deep understanding of local commercial real estate submarkets and trends, excellent reputation and client roster. Securing a presence in greater Boston, one of the nation's strongest commercial real estate markets, is a critical component of our strategic growth plan. Boston's commercial real estate base is unparalleled given its cluster of businesses in technology, higher education, healthcare and professional services. With the acquisition of FHO, Cassidy Turley gains a presence in a premier market where we can provide clients with the geographic reach, critical market knowledge and complete services they require to remain successful."
Founded in 2007, FHO Partners is widely regarded as one of the top commercial real estate brokerage and advisory firms in the Greater Boston Metropolitan Area. The FHO Partners team is comprised of 47 employees, and is led by 17 partners who specialize in providing commercial brokerage services to clients in a diverse range of industries. Managing Partner Joe Fallon will continue to oversee the daily operations of the Cassidy Turley FHO office, while working closely with the Cassidy Turley leadership team to introduce new service offerings, including project management, property management and capital markets.
"We are excited to introduce the Cassidy Turley brand to the region by building on FHO Partners' foundation of excellence," said Joe Fallon. "Our clients have needs beyond our current geographic reach, as well as beyond our current scope of services. Cassidy Turley's expansive geographic coverage and ability to deliver core services that we do not currently offer will enable us to serve those needs while retaining and expanding our existing client relationships."
See an interview with Cassidy Turley's President Joe Stettinius and FHO Partners' Managing Partner Joe Fallon here.
About FHO Partners
FHO Partners is a leader in commercial real estate brokerage and advisory services, offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. Many of the firm's partners have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,400 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 $18 billion in 2010, manages 455 million square feet on behalf of private, institutional and corporate clients and supports more than 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers 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. In 2010, the firm enhanced its global service delivery outside of North America through its partnership with GVA. Please visit www.cassidyturley.com for more information about Cassidy Turley.
SOURCE Cassidy Turley