Morristown, N.J. - April 18, 2012 — Normandy Real Estate Partners, one of the largest real estate developers, owners and operators of commercial office buildings nationally, and Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced they will partner to leverage the strengths of their respective platforms in the New Jersey market by Normandy naming Cassidy Turley as the leasing agent for a significant portion of its New Jersey office portfolio totaling approximately 1.1 million square feet. Raymond Trevisan, a Normandy Principal, and William O’Keefe, a Normandy Senior Vice president, have joined Cassidy Turley, where Ray will lead the firm’s New Jersey operations.
Finn Wentworth, a founder and Managing Principal, commented, “We have benefitted from a very productive and longstanding relationship with Cassidy Turley and this alliance will further strengthen our leasing initiatives in the New Jersey market. I would like to thank my long time friend and partner Ray for his exceptional leadership at Normandy and wish him well in his new role. We look forward to continuing to work in partnership with Ray and Bill and the team at Cassidy Turley in building on our success and value creation within our New Jersey portfolio.”
“Normandy’s name carries with it a consistent level of quality and stability and their New Jersey office portfolio is an illustration of those characteristics,” said Peter Hennessy, President New York Tri-State Cassidy Turley. “We are thrilled to form this strategic alliance with the great team at Normandy and I’m confident that it will further strengthen our long and successful relationship in the Northeast and Mid-Atlantic regions. Ray and Bill are two excellent additions to the Cassidy Turley family and have stellar reputations with tenants and brokers in the industry. We are excited to have their expertise at Cassidy Turley so we can better serve our New Jersey clients’ needs.”
“I want to thank everyone at Normandy for the incredible years I’ve spent at the firm where I enjoyed a track record of success with some of the best in the business,” said Ray Trevisan. “I am looking forward to leading Cassidy Turley’s New Jersey operations and continuing to add value at the premier Normandy properties in this new capacity.”
Raymond Trevisan will be named a Managing Principal at Cassidy Turley. In addition to serving as a Principal at Normandy, Ray was previously a First Vice President at CB Richard Ellis. Prior to that, he founded his own law firm, where he specialized in negotiating property acquisition and lease transactions. He is a graduate of Lehigh University, where he received a Bachelor of Science degree in Finance and has recently served on its Board of Directors. His Juris Doctor degree is from the Seton Hall University School of Law.
William O’Keefe will be named a Senior Vice President at Cassidy Turley. Prior to Normandy, Bill also worked as a leasing broker for CB Richard Ellis. His expertise includes site selection, financial analysis and the acquisition and disposition of office space. He is a member of the National Association of Industrial and Office Properties. Mr. O’Keefe is a graduate of the University of Rhode Island with a Bachelor of Science degree.
About Normandy Real Estate Partners
Normandy Real Estate Partners is a vertically-integrated real estate private equity fund manager headquartered in Morristown, NJ with offices in Boston, New York City, Los Angeles and Washington DC. Normandy currently manages a series of discretionary real estate funds totaling approximately $1.5 billion of equity commitments. Normandy’s existing portfolio includes over 15 million square feet of commercial assets, four hotels and numerous land development sites. Normandy targets value added real estate investments in the gateway markets of Boston, Metro New York City, Los Angeles, San Francisco, and Washington, D.C. where opportunities exist to enhance value through creative repositioning, financial restructuring, intensive management, and capital improvements. For more information visit www.normandyrealty.com
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,500 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals across the globe. Please visit www.cassidyturley.com for more information about Cassidy Turley.