Tuesday, May 31, 2011

Cassidy Turley to buy Carter's brokerage, management operations ...

TAMPA - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced its commitment to acquire the brokerage and property management businesses of Carter, a national leader in project development, commercial real estate services and investments.

Based in Atlanta, Carter maintains full-service offices in Atlanta and Tampa and various offices throughout the U.S.

An industry leader for over 50 years, Carter was founded in 1958 in Atlanta as a brokerage and property management firm and evolved into a full service real estate company - offering corporate services, property management, investment sales and project management for clients across the nation.

Once the acquisition is completed, Carter?s Brokerage Services and Property and Facility Management groups will operate as Cassidy Turley.

Carter has completed transactions valued at $4.6 billion in Atlanta and Tampa alone in the past five years and manages 25 msf in 11 states on behalf of private, institutional and corporate clients as well as for its real estate funds.

Going forward, Carter will focus on continuing to grow its remaining and successful Development, Project Management, Investments, Asset Management and Strategic Consulting groups.

Source: http://www.frej.net/news/tampa-bay/2011-05-30/cassidy-turley-buy-carter%E2%80%99s-brokerage-management-operations

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