Cassidy Turley Secures Industrial Property Management Assignment in Monmouth Junction, N.J.
Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that the firm has won a property management assignment for a 125,728-square-foot industrial property located in Monmouth Junction, N.J. The property, close to exit 8A on the New Jersey Turnpike, includes two multi-tenant buildings and is 100 percent occupied.
Senior Vice President of Property Management Terry R. Frassetto led the Cassidy Turley team discussions with ownership which resulted in winning the new assignment.
“This is a new client for our firm and we are very excited about the opportunity,” said Frassetto. “Cassidy Turley is continuing to expand and develop its property management division by leveraging our national platform to provide outstanding services to our clients.
The firm will provide general property management services for owner My Tree Realty, LLC, which recently acquired the site. My Tree Realty, LLC is a Tris Pharma affiliate. Tris Pharma is a rapidly growing specialty pharmaceutical company and the property’s largest tenant.
Cassidy Turley manages more than 455 million square feet, domestically and internationally. The property management division concentrates on the areas of building maintenance and engineering management, accounting and financial reporting, leasing, market research, sustainability consulting, project and development services, contract and vendor management, lease compliance and administration, and tenant retention.
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.