{"id":1004083936,"date":"2013-09-23T06:24:41","date_gmt":"2013-09-23T14:24:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004083936"},"modified":"2022-12-01T23:01:40","modified_gmt":"2022-12-02T07:01:40","slug":"cassidy-turley-incorporates-western-region-affiliates-into-firm","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cassidy-turley-incorporates-western-region-affiliates-into-firm\/","title":{"rendered":"Cassidy Turley Incorporates Western Region Affiliates into Firm"},"content":{"rendered":"

\u00a0<\/i>By Keith Loria, Contributing Editor<\/i><\/p>\n

\"Cassidy<\/a>

Cassidy Turley CEO Joseph Stettinius<\/p><\/div>\n

Following a trajectory it set for itself three years ago when the firm first launched, Cassidy Turley has merged its former affiliates in Arizona, Colorado, Northern California and San Diego into the firm, and all are now fully owned by the commercial real estate service provider.<\/p>\n

\u201cWhen we began this journey with our partners in Arizona, Colorado, Northern California and San Diego in 2010, our goal was to unify the organization into a single firm at the appropriate time,\u201d Joseph Stettinius, Cassidy Turley\u2019s CEO, said in a company statement. \u201cIt\u2019s enormously gratifying to see that vision further realized by bringing all of our major markets into a common ownership structure\u2014especially with 100 percent shareholder approval in each market.\u201d<\/p>\n

Together, the four West region organizations comprised 22 offices with 790 personnel, consisting of 475 brokers doing approximately $7.3 billion in transactions last year. Thanks to the consolidation, Cassidy Turley now generates half of its revenue and has approximately 50 percent of its 3,800 employees west of the Mississippi River.<\/p>\n

The Northern California region consisted of 14 offices with 400 personnel, 275 brokers, 21.5 million square feet under management and $4.3 billion in 2012 transaction volume; Phoenix offered 113 personnel and 73 brokers with 2.5 million square feet under management and 2012 transaction volume exceeding $886 million; Offices in Denver and Fort Collins totaled 114 personnel, 55 brokers, 5.4 million square feet under management and $843 million in 2012 transaction volume; and five offices in metro San Diego with an additional location in Orange County, contributed 163 personnel, 90 brokers, 4.3 million square feet under management and $1.3 billion in 2012 transaction volume.<\/p>\n

\u201cUnification creates a more effective organization, but, more importantly, it enables us to better serve clients seamlessly and with greater transparency,\u201d Stettinius said. \u201cAdditionally, the mergers are both accretive to our margin and our overall business performance.\u201d<\/p>\n

The firm now includes the #1 or #2 commercial real estate brokerage in San Francisco, Silicon Valley, San Diego, Phoenix, Denver and Fort Collins, CO, as ranked by each city\u2019s leading business media.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following a trajectory it set for itself three years ago when the firm first launched, Cassidy Turley has merged its former affiliates in Arizona, Colorado, Northern California and San Diego into the firm, and all are now fully owned by the commercial real estate service provider.<\/p>\n","protected":false},"author":451,"featured_media":1004057255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1608,1615],"tags":[],"class_list":["post-1004083936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-san-diego","category-washington-dc"],"acf":[],"yoast_head":"\nCassidy Turley Incorporates Western Region Affiliates into Firm - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cassidy-turley-incorporates-western-region-affiliates-into-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cassidy Turley Incorporates Western Region Affiliates into Firm\" \/>\n<meta property=\"og:description\" content=\"Following a trajectory it set for itself three years ago when the firm first launched, Cassidy Turley has merged its former affiliates in Arizona, Colorado, Northern California and San Diego into the firm, and all are now fully owned by the commercial real estate service provider.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cassidy-turley-incorporates-western-region-affiliates-into-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-23T14:24:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-02T07:01:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/01\/Cassidy-Turley-Joe-Stettinius.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"593\" \/>\n\t<meta property=\"og:image:height\" content=\"414\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/\"},\"author\":{\"name\":\"Keith Loria\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"headline\":\"Cassidy Turley Incorporates Western Region Affiliates into Firm\",\"datePublished\":\"2013-09-23T14:24:41+00:00\",\"dateModified\":\"2022-12-02T07:01:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/\"},\"wordCount\":339,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/01\\\/Cassidy-Turley-Joe-Stettinius.jpg\",\"articleSection\":[\"News\",\"San Diego\",\"Washington D.C.\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cassidy-turley-incorporates-western-region-affiliates-into-firm\\\/\",\"name\":\"Cassidy Turley Incorporates Western Region Affiliates into Firm - 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