Cassidy Turley Awarded Property Management for The Carlyle Group Retail Portfolio

Published on February 14, 2014


Washington, DC – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced that it has been selected by The Carlyle Group to provide property management services for their 847,865-square-foot retail portfolio in NC, MN and AL affective December 1, 2013. William Grillo and Joan McCarty developed the relationship with The Carlyle Group.

“We are very pleased that The Carlyle Group has chosen us to provide property management services for this multi-city retail portfolio,” said Mr. Grillo, Senior Managing Director.   “We look forward to working with our new client to provide best-in-class services for the tenants.”

Plantation Point is a 389,751-square-foot, Class A shopping center located in Raleigh, NC across from Triangle Outlet Mall on the Southwest corner of Interstate 540 and Route 1.  Major retailers include BJ’s, Marshalls, Big Lots, Petco, Tuesday Morning and restaurants including On The Border and Mimi’s Café.

Midtown Village is a 380,000-square-foot, Class A  lifestyle shopping center located in Tuscaloosa, AL adjacent to the University of Alabama. This center is the premier shopping destination for visitors and a gathering place for the community since it opened for business in 2007. Major retailers include Barnes & Noble, Best Buy, Old Navy, Anne Taylor, Selphi, Lane Bryant and Charming Charlie and as a variety of restaurants such as Kobe Japanese Steakhouse & Sushi Bar, Longhorn Steaks, Starbucks and Panera Bread.

Located in Edina, MN, Centennial Shops is a 85,206-square-foot, Class A retail center that is anchored by Pinstripes and the Container Store.  Other retailers include West Elm, Dick Blick, Select Comfort, Complete Nutrition and restaurants including Leann Chin, Potbelly and Five Guys Burgers.  Centennial Shops is located in the Centennial Lakes development which is a gathering place for one of the most affluent suburbs of Minneapolis.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, 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 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 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 North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.


Kara Milkovich       Courtney Lewis        Jodi Saari
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