SAN FRANCISCO-Cassidy Turley has expanded its capital markets group with the appointments of Bob Gilley as executive managing director, and Steve Hermann as executive managing director. Gilley and Hermann join Cassidy Turley Northern California from CB Richard Ellis’ investment properties-institutional group.
They are based in Cassidy Turley’s San Francisco office with responsibility to help grow the firm’s capital markets services in the West. CBRE tells GlobeSt.com that it passes on commenting on their departure at this time.
During their tenure at CBRE, Gilley and Hermann were responsible for closing more than $6.7-billion of real estate transactions comprising approximately 40 million square feet, and sold more than $2-billion of institutional quality real estate from 2008 to 2010.
“We are continuing to grow the geographic presence and capabilities of Cassidy Turley’s capital markets business across the nation by attracting outstanding talent in key markets,” says Noble Carpenter, executive managing director and leader of the national capital markets group at Cassidy Turley. “Bob and Steve are two experts who are well-recognized in the commercial real estate industry for their knowledge and achievements. Their addition to our capital markets team demonstrates the investment we are making in our clients’ future success.”
Gilley is a 20-year veteran of the California commercial real estate market, and is a distinguished executive in the West Coast commercial real estate industry, having leased or sold in excess of 50 million square feet of commercial properties during his career. Prior to joining CBRE in January 2002, he was a director at Cushman & Wakefield on its West Coast investment team.
Hermann is a 15-year veteran of the California commercial real estate market with involvement in the acquisition or disposition of approximately $8.5 billion of commercial real estate. Hermann is a consistent top producer in investment sales, representing some of the nation’s largest corporations, pension fund advisors and REITs, according to a prepared statement. Prior to joining CB Richard Ellis, he was employed by William Wilson & Assoc. and Divco West Properties in various acquisition and disposition capacities.
“We are thrilled that Bob and Steve have joined Cassidy Turley. Together, they are a uniquely qualified team with an outstanding track record and deep relationships that will serve our clients’ needs,” says Greg Moss, managing partner of Cassidy Turley Northern California, in a prepared statement. “With the addition of Bob and Steve, Cassidy Turley Northern California, the region's strongest leasing firm, is now positioned to be the region’s capital markets leader as well.”
Cassidy Turley is continuing to expand its presence and capabilities across the nation by investing in new office locations, business lines and talent as part of a strategic plan to deliver integrated solutions, economies of scale and geographic reach, according to a prepared statement. Earlier this month, Cassidy Turley acquired FHO Partners in Boston, and acquired the brokerage and property management businesses of Atlanta-based Carter. In August 2011, executives from Cushman & Wakefield’s brokerage services group in Texas joined Cassidy Turley to establish a tenant representation practice in its Dallas office.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
