Investment Sales Leaders William Collins, Paul Collins Promoted to Vice Chairmen of Cassidy Turley

WASHINGTON, Dec. 13, 2012 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., has promoted William Collins and Paul Collins, leaders of the Washington, DC, Capital Markets team, to Vice Chairmen, and also promoted Washington, DC, Capital Markets executives Drew Flood, James Cassidy and Jud Ryan to Executive Managing Director.

Cassidy Turley's DC Investment Sales team is the top producing office investment sales group in Washington, DC. Its sales transaction volume combined with the DC Finance team's achievements resulted in the Greater Washington Commercial Association of Realtors' (GWCAR) 2011 Investment Sales / Financing Firm of the Year award. Additionally, the Investment Sales team won GWCAR's 2011 DC Sales Transaction of the Year for the $356 million sale of 1100 and 1101 4th Street at Waterfront Station, and the 2011 Maryland and Virginia Sales Transaction of the Year for the $350 million sale of Washington Real Estate Investment Trust's DC Metro Portfolio. Bill Collins was named the GWCAR Broker of the Year for 2011, while Paul Collins, Drew Flood, Jud Ryan and James Cassidy were each recognized as Top Sales Agents across the DC region. For 2012, the team expects to close approximately $1 billion in investment sales.

Over the past two years, Cassidy Turley's national Capital Markets group has added market-leading executives including Noble Carpenter, who leads the group's national strategy, Bart Steinfeld, Stephen Pearlman, Jose Alvarez and Graham Stephens in New York; Bob Gilley, Steve Hermann, Terry Daly and Kurt Scheidt in San Francisco; David Pergola Jr. and Brian Doherty in Boston; Beth Lambert-Saul and Diego Arroyave in Dallas; and Andrew Houston in New Jersey.

"Given the pent-up demand from both international and domestic investors as we head into 2013 and 2014, we are in an excellent position to best serve investor clients with our legacy Mid-Atlantic and Midwest teams and our recent top-talent additions in New York, San Francisco, Boston, Dallas, and New Jersey," said Joe Stettinius, Chief Executive Officer of Cassidy Turley. "Bill, Paul, Drew, James and Jud have been leaders in the DC market for more than a decade, and we know they are committed to maintaining Cassidy Turley's position as the premier capital markets firm in the region and further expanding our capital markets success in key growth markets across the U.S."

"The strength of Cassidy Turley's DC Capital Markets platform sets the foundation for our continued growth in strategic locations throughout the U.S.," said Noble Carpenter, Executive Managing Director of Cassidy Turley. "We plan to further leverage Bill, Paul, Drew, James and Jud's leadership, knowledge and experience for the maximum advantage of our clients throughout the country."

About Cassidy Turley

Cassidy Turley is a leading commercial real estate services provider with more than 3,700 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 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