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Discover Cassidy Turley

Cassidy Turley is a national team of commercial real estate professionals with a proven track record of delivering superior results for our clients. We are dedicated to consistently providing solutions that are creative, cost-effective and responsive to our clients’ specific real estate needs, while supporting overall business performance.

- Completed transactions valued at $22 billion in 2011   

- Manage over 455 million SF on behalf of private, institutional and corporate clients

- Maintain more than 60 offices nationwide

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Just Released! Over- or Under-Building, State of CRE Across the U.S.

  
  
  
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By Rebecca Rockey, Economist 

This week, our Fall 2014 Over- or Under-Building, State of Commercial Real Estate Across the U.S. report and interactive infographic were released with the latest construction and development trends happening nationwide.

15 Questions: Get to Know Kevin Hughes

  
  
  
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In conjunction with the New York market's 15 Questions series, next up, is President of our national Occupier Services Group, Kevin Hughes

Where did you grow up and where do you live now?

I was born in Anchorage, AK, and grew up in Erie, PA. These days, I live in airports and hotels. Just kidding! I actually live in Cincinnati.

Same Store Sales Strengthening for Retail

  
  
  
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By Garrick Brown, Research Director

Same store sales for July came in a few days ago with a few surprises. Retail, in general, did better than restaurants and food-related retailers. Obviously, this is a great sign for retail, though not so much for food users. Based on recent trends, one would think that food-related retail would lead the way to improving overall retail numbers. After all, it does include groceries and staples that we all consume. 

A Bright Future for the Triangle Office Market

  
  
  
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by Rich Harris, Managing Principal 

Raleigh-Durham’s office market can be characterized by both tenant activity and developer caution.  Despite the fact that true Class A vacancy rates have dropped to single digits across the Triangle market, developers have been cautious to begin new projects.  The activity and tenant demand in the CBDs of Raleigh and Durham is dramatic as both submarkets boast Class A vacancies of 9.7% and 3.4%, respectively. 

Looking Back at the Labor Market’s Recovery, Part II

  
  
  
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By Paul Adkins, Intern 

The first quarter of 2014 saw an extremely harsh and extended winter. But in the second quarter, the U.S. labor market returned to its trend of adding jobs. From December 2013 to March 2014, total non-farm job creation rose by over 100,000 to an average gain of 272,000 jobs per month. Indeed, the second quarter of 2014 showed a promising spring recovery as each month during the quarter posted higher employment gains than the second quarters of 2013 and 2012.  Part of that is due to a slight amount of pent-up demand for workers that comes with warmer weather. But the recent trends also reflect a strengthening of the fundamentals that underlie the economy. 

Three Office and Industrial Trends Happening Now

  
  
  
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By Kevin Thorpe, Chief Economist

Our 2nd Quarter 2014 U.S. Office and Industrial Reports were recently released. Keep reading for a glimpse of what’s inside. 

Both the Office and Industrial reports confirm that the stagnant first quarter was a weather-induced blip in an otherwise healthy U.S. economy. Robust trends in industrial continue. Meanwhile, office fundamentals continue to tighten in most markets. Highlights of the Industrial Trends and Office Trends reports include:

Looking Back at the Labor Market’s Recovery

  
  
  
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By Leigh Ann DeWitte, Intern and Rebecca Rockey, Economist 

Over the past few years, the economic recovery has been different from other post-war recoveries.  It is uneven, sluggish and its magnitude varies greatly by geographic region and industry. The financial crisis that shocked our economy in 2008 disrupted significant sections of the labor market. Economists still debate the extent to which structural changes are occurring, and rightfully so. But because “this time is [so] different,” it is an interesting exercise to take a deeper look into the labor market trends that have developed since the Great Recession.

The 2014 National Building Competition: Battle of the Buildings!

  
  
  
EPA Battle of the Buildings

by Katie Ross, Sustainability Project Manager

The EPA’s National Building Competition (NBC) is kicking off its 2014 competition today. Each year EPA challenges commercial buildings to compete to reduce energy consumption and greenhouse gas emissions. In its fifth year, the 2014 competition is shaping up to be the biggest year yet with 5,500 buildings signed up to compete across the country.

The Consumer Confidence Game

  
  
  
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By Garrick Brown, Research Director 

June’s consumer confidence numbers from The Conference Board indicate that Americans now have the highest level of confidence in the economy that we have seen since January 2008. Keep in mind that the financial meltdown didn’t happen until September of that year, though clearly the housing market was in deep trouble by then and the overall economy was starting to go off the rails at that point. But, the good news is that American consumers have essentially returned to pre-recession levels of confidence.

Sustainability and CRE: 8 Dynamic Trends

  
  
  
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By Michael Alexander, Senior Project Manager 

With all of the recent chatter about climate change, new EPA regulations and the impact of global warming on the U.S. economy, it shouldn’t come as a surprise that sustainability practices are also influencing the actions of commercial real estate asset managers.

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