Cassidy Turley announced this week that it had acquired Synergy Commercial Advisors, the Morrisville, NC-based boutique brokerage firm. In the six years since Rich Harris and his four partners started Synergy, the firm has grown to become one of the 10 largest commercial real estate brokerage firms in the region with a client base that includes the American Tobacco Campus in Durham and Alexandria Real Estate Equities' portfolio of lab buildings in Research Triangle Park. according to a Triangle Business Journal article. Terms of the deal were not disclosed.
"We have been looking for the ideal strategic move for our Raleigh operations, and, with Rich and his team, we have found it," said Doug Brandon, Regional Managing Principal, Southeast, at Cassidy Turley. "We look forward to blending and enhancing their tenant representation and project leasing practice with our broader platform. In addition, we're excited to leverage Rich's leadership skills and reputation to serve our Raleigh-Durham office as Managing Principal."
"My entire team is thrilled to now be part of Cassidy Turley," said Rich Harris, who founded Synergy Commercial Advisors in 2008. "Beyond tenant representation and corporate services, this move allows us to offer clients an expanded geographic reach and a full-service platform – including best in class capital markets, property management and project and development services. We place high value on the cultural fit, both locally and nationally, and the overall strategic alignment that exists between our firm and Cassidy Turley's executive management. I'm excited to part of the new Raleigh-Durham team and expect us to be a market leader from day one."
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