Cassidy Turley, the commercial real estate services provider, has entered into an agreement to buy the brokerage and property management business of Carter for an undisclosed amount according to a St. Louis Business Journal article. Carter, founded in 1958 in Atlanta, is a national leader in project development, commercial real estate services and investments with full-service offices in Atlanta and Tampa. Once the acquisition is completed, Carter's Brokerage Services and Property and Facility Management groups will operate as Cassidy Turley.
"Cassidy Turley is delighted to announce our commitment to acquire the brokerage and property management businesses from Carter," said Mark Burkhart, Cassidy Turley CEO. "Carter's thoughtful and client-driven approach is consistent with ours and will provide our clients across the country access to the best advice from an industry leading team in this region. The addition of Carter will allow us to offer our full spectrum of services in two significant markets—Atlanta and Central Florida."
"We are excited about moving forward in the process to join Cassidy Turley. This move will allow us to grow and strengthen our service business by leveraging Cassidy Turley's leading capital markets, leasing, property management and corporate services platforms" said Bob Peterson, Chairman and CEO of Carter. "With Cassidy Turley's national platform and service approach, we can better serve our clients with multi-market needs. In addition, Cassidy Turley's scale and reputation for workplace satisfaction will enable us to offer our professionals additional growth opportunities and a culture that complements Carter's."
For more news and information visit Blumberg Capital Partners.
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