Capstar(ry) Merger

CAPSTAR Commercial Real Estate Services has joined Cassidy Turley as part of the firm’s growth plan into two new markets: Dallas and Houston, says Cassidy Turley CEO Mark Burkhart.
 
Yesterday, we spoke with CAPSTAR principal Bret Bunnett(pictured) who tells us Cassidy Turley’s MO made the partnership appealing. Often sharing clients, Bret says merging creates opportunities to expand geographically and expand service offerings by leveraging Cassidy Turley’s capital markets, tenant rep, and corporate services platforms. Founded in 2000, CAPSTAR has five principals who are founding members: Bret, Johnny Johnson,John PattersonTrey Smith, and Chris Taylor. They will remain responsible for developing the company’s Texas business. CAPSTAR will be formally known as Cassidy Turley and transition to the new name by Feb. 15. In 2010, Cassidy Turley enhanced its global service delivery through its partnership with GVA Grimley. Its Dallas and Houston operations now include more than 100 professionals and staff and completed more than 3M SF of transactions in 2010. The firm has a 14.5M SF management andleasing portfolio comprised of primarily Class-A office space.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers