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About

Cassidy Turley is one of Greater Cincinnati and Greater Dayton’s largest commercial real estate services providers, with more than 100 professionals in locations across the region. The company and its employees have deep roots in the Tri-state, yet are connected worldwide through 60 company-owned U.S. offices and a global affiliation. The company’s clients include real estate owners, investors and tenants. Whatever commercial real estate need exists, Cassidy Turley provides a local solution.

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Tesla and @580 Building Team Up For Tenant Perk

  
  
  
Charging Stations Pic[1]

By: Tom Baker, Property Management

The Cassidy Turley Management and Engineering Services Group team for the @580 building in downtown Cincinnati led efforts to install three electric vehicle (EV) charging stations in the building’s parking garage. Working with the 21C Hotel and the property owner (Anderson Birkla Development, Inc.), the EV stations were provided by Tesla Motors as a part of their Destination Charging initiative at no cost to the property. The charging stations will become an amenity for both the tenants of the @580 building as well as the guests of the nearby 21C Hotel.


Recycling Fun Facts: Aluminum Cans

  
  
  
describe the image

By: Carly Dittman, Senior Administrator, Property Management

The Cassidy Turley Management and Engineering Services Group, in Cincinnati, would like to emphasize the significance of recycling. In order to do so, below are facts (obtained from A Recycling Revolution) to think about the next time you go to throw your soda can away.


Hamilton County Recycling: The Key to a Successful Program

  
  
  
Office Waste[1]

By: Carly Dittman, Senior Administrator, Property Management

Implementing a recycling program at your office is one of the most basic ways to kick-start your sustainability efforts. Earlier this year, Catherine Walsh of Hamilton County Recycling and Solid Waste District spoke with our property managers about implementing a recycling program in Cassidy Turley’s managed office buildings. According to Hamilton County Recycling and Solid Waste District, in a typical office building, 75% of the waste that is generated is recyclable. With that staggering statistic, an office building recycling program seems like an easy and inexpensive way to help do your part.

Dayton Office and Industrial Market Snapshots

  
  
  
Dayton Market Indicators, Dayton Employment Q3 2014, Overall vacancy, under construction

By Jarrett Hicks, Senior Research Analyst

Economic Overview

The local unemployment rate sits at 5.5%, which is a 230 basis point reduction over the last year. The lowering unemployment rate is a bit misleading, though. There are clearly fewer entrants into the Dayton regional labor market, because, over the same time period, the employment level has fallen by 1,000 jobs. However, moving forward, the positive momentum being generated in the national economy, as well as the local manufacturing and logistics industries, will hopefully re-energize the local and regional economic recovery.


Q3 2014 Cincinnati Office and Industrial Market Snapshots

  
  
  
Cincinnati economic and market indicators, Employment, Vacancy, Rent, Absorption

By Jarrett Hicks, Senior Research Analyst

Economic Overview

The Cincinnati labor market has added approximately 15,000 jobs over the last 12 months. Local unemployment fell to 5.3%, an improvement of 180 basis points during that time. The dramatic percentage drop is due to a combination of factors, which includes the job gains. Another factor may be that there are fewer entrants into the labor market as the metropolitan employment level still lags behind pre-recession levels despite the low unemployment percentage.

The continual improvement of the Cincinnati labor market and the 2% forecasted growth of local gross domestic product (GDP) are two key indicators that show the region is moving forward in the economic recovery.

Orange Barrels – Part of the Solution to a Big Problem

  
  
  
The trucking industry faces significant challenges to growth, which will impact the industrial real estate industry as well

By Jarrett Hicks, Senior Research Analyst

In working every day with the Industrial brokerage team, it has become apparent that a growing base of our clients are in the distribution and logistics business.

This is an age of e-commerce where consumers expect convenience and home-delivery of products.   Without question, trucking is a key component of today’s supply chain process.

Jordan Weidner named to the Cincinnati Business Courier’s 2014 “Forty Under 40” Class

  
  
  
Weidner Jordan

By James Flick, Vice President, Research and Marketing

We are proud to announce that Vice President Jordan Weidner, CCIM, LEED® AP, has been named to the Cincinnati Business Courier’s 2014 “Forty Under 40” class.

Cincinnati CBD: Driving Market Demand

  
  
  
The CBD was the strongest driver of demand in the second quarter of 2014 with 294,802 SF of positive net absorption

By James Flick, Vice President, Research and Marketing

When I was writing the Second Quarter 2014 Office Market Snapshot I had a conversation with one of the brokers in our office. He read what I had written in the call out box on page two of the report. It reads:

The Resurgence of Commercial Real Estate in Cincinnati

  
  
  
Resourgance of Cincinnati Infographic

By James Flick, Vice President, Research and Marketing

This infographic highlights some the activity happening throughout the Cincinnati region across each of the office, industrial, multi-family and retail sectors. This activity points to progress in the economic recovery and a resurgence in Cincinnati's commercial real estate industry.

Dayton Office and Industrial Snapshots

  
  
  
Dayton Office Market Indicators Second Quarter 2014

By James Flick, Vice President, Research and Marketing

Economy

Dayton’s economic health is expected to continue improving on the back of federal spending. Due to the proximity of Wright-Patterson Air Force Base, the region’s largest employer, (approximately 27,500 employees) federal spending currently accounts for 29 percent of the region’s gross metro product (GMP). The base itself has an annual impact on the Dayton-area economy of $4.4 billion.

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