By Gail Kalinoski, Contributing Editor
Michael Kamm, who has been CEO of Cassidy Turley’s Northern California operations and overseen its growth from five to 15 regional offices, has been now promoted to president and named to the firm’s Board of Directors.
“Mike is a proven industry leader who understands the opportunities we have before us in a rapidly changing economy and industry,” said Joseph Stettinius, CEO of Cassidy Turley. “His presence on the West Coast emphasizes our leadership strategy and commitment to clients across the U.S. and the world. Mike’s focus on optimizing client service delivery will be instrumental as we continue to grow in key markets across the U.S.”
Kamm will remain based in San Francisco. He has led the firm’s Northern California business for three years. Prior to that, he was CEO of Cassidy Turley’s predecessor, BT Commercial. Kamm joined BT Commercial in 1994, when he opened up its Oakland, Calif., office. Kamm has nearly 30 years experience, including serving 10 years as a vice president at CB Richard Ellis and working as a trader at Wilbur Ellis Co. A past president of the East Bay Brokers Association, Kamm is a member of the Urban Land Institute, NAIOP, Lambda Alpha and the Belden Club.
Since taking the reins as CEO of Cassidy Turley’s Northern California operations, the company has grown substantially there, adding offices and personnel, which now number about 400. The firm is consistently ranked as one of the top commercial real estate brokerages by the San Francisco regional business press.
The new position calls for Cassidy Turley managing principals and regional managing principals to report to Kamm.
“This is an exciting opportunity to work with our leadership team and continue our effort to provide the most innovating and creative solutions for our investor, occupier and corporate clients,” Kamm said. “We will continue to build a world-class, service-driven company that provides tailored solutions to each individual client.”
Kamm is taking on the president role previously held by Stettinius, who was promoted to CEO in October. At that time, Stettinius told Commercial Property Executive that his plan was to continue to grow in its legacy markets and expand in newer key markets such as Boston, Atlanta, Houston, Dallas and Los Angeles.
Earlier this week, Cassidy Turley continued its growth plans by acquiring CLW Real Estate Services Group, a commercial real estate services firm based in Tampa, Fla. The firm brings about 100 employees, including 20 brokerage professionals, to Cassidy Turley along with regional and national expertise in office and industrial tenant representation and corporate services.