Cassidy Turley Announces Shareholders

Cassidy Turley, one of the nation's largest commercial real estate services firms, announced today that 15 members of the New Jersey office have become shareholders in this prominent national organization. "We are extremely excited to have these individuals join our company as shareholders. They are a tremendous asset to our organization," stated Mark E. Burkhart, CEO of Cassidy Turley. "These professionals embody the highest level of leadership, integrity and experience."

David Simon, Chief Operating Officer for the New Jersey office, added, "All of the stockholders within Cassidy Turley have a unified vision and share a common goal. Our mission is to offer the best service platform to our clients and customers and provide additional career- growth opportunities for our employees. Our independent structure gives us the best opportunity to accomplish these objectives."

Cassidy Turley's new shareholders in New Jersey, pictured from left to right, are:

Front row -

David Simon, Michael Markey, Doug Bansbach, Andrew Houston, Milton Charbonneau, Charles Parmelli

Second Row -

Doug Twyman, David Houston, Howard Weinberg, Warren Searles, Jonathan Tesser, Mark Siegler

Not in the picture -

Marc Hirschinger, David Violette, Lawrence Arbore

"Our philosophy has always emphasized inclusion and support," stated David Houston, President of the Cassidy Turley New Jersey office.
"These 15 professionals were actively involved in the decision to pursue and join the Cassidy Turley platform. The new shareholders have more than 200 years of cumulative experience, and this platform provided a way to reward them for having been an integral part of the firm's success and enabling it to flourish for decades."

"When you work together as long as we have, there is a level of comfort and support that you can count on internally," noted Mark Siegler, who has been with the company for 30 years. "Competing at the highest level requires the sharing of ideas and best practices and working in teams to provide the most well rounded level of service and resources," he added.

"The unique ownership structure promises to serve as a competitive recruiting edge that will ensure the company's continued success,"
noted Simon. Howard Weinberg continued, "While this is a new name, it is built on a foundation of knowledge, experience, passion, commitment, innovation and service. Cassidy Turley promotes a team- oriented culture whereby like-minded firms base their priorities first and foremost on their clients' needs."

"Cassidy Turley's real estate management platform is equipped with the information systems and processes to help our clients manage their real estate efficiently so they can focus on their core business,"
stated David Violette, who leads the New Jersey property management division along with Larry Arbore. "We provide property management services for all commercial property types, including office, industrial and retail. Together with our brokerage division, we develop and implement customized strategies for our clients covering the full spectrum of their needs," added Violette.

"We remain focused on achieving our clients' and customers' goals through our superior knowledge of local markets, our reputation as leaders in local markets and our unequaled ability to create and deliver innovative solutions. We bring that passion, commitment and expertise to every assignment," added Michael Markey.

"A platform and energy is being created by this new company that is building itself by taking the best of the best from companies all over the country," noted Burkhart. "These individuals form a primary force behind this exciting momentum, and their vested interest in the company will only continue to drive success in the future."