San Francisco, CA - January 16, 2013 - Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced the firm will be hosting its annual forecasting event, The State of Real Estate 2013, for the Northern California region on Tuesday, January 22nd in San Francisco. The exclusive invitation-only event will be held at the Hyatt Regency Embarcadero located at 5 Embarcadero Center.
Cassidy Turley’s The State of Real Estate 2013, Northern California will feature keynote speaker, Mike Walsh, founder and CEO of Tomorrow, a consumer innovation research lab, and futurist and authority on emerging markets. Mr. Walsh advises some of the world's leading brands and corporations on what's coming next in their industry. Author of the best seller FUTURETAINMENT, he is a leading authority on the intersection of emerging technologies, consumer behavior and fast growth markets. Mr. Walsh is also the publisher of the ‘Disruptive Future’ blog read by thousands of professionals, and his new book, The Divergence, was published in 2012. His views have appeared in a wide range of international publications including Business Week, Forbes and Wallpaper Magazine.
Mr. Walsh’s personal manifesto: "Everything is changing. How we live, how we work and how we play. But to understand the future you need to focus on anthropology (the study of human beings) not technology. After all, as interesting as it is when things change, the real magic happens when people do."
During his session, Mr. Walsh will be speaking to the keynote topic of FLEX – The Future of Work, which will address the simple question, “Can we re-imagine the way we do business?” With original market research, engaging stories and curated case studies from some of the world’s most innovative firms - FLEX is a fast paced session that challenges all to re-imagine commercial real estate for the 21st century. The session will discuss the new generation of worker - younger, smarter, and more digitally adept than ever, who live in some of the world's fastest growing emerging markets and already have a radically different approach to how they live, work and play. Mr. Walsh will also discuss why today’s companies will need to become FLEX firms in order to successfully engage the future.
The special event will also include an informative panel discussion about current national and regional real estate market trends and forecasts provided by some of Cassidy Turley’s most experienced, insightful and esteemed executives from the East and West coasts: Peter Hennessy, President New York Tri-State Region; John Boyle III, Senior Managing Director/Principal, Boston Region; and Steve Hermann, Executive Managing Director, Northern California Region. Additionally, Mike Kamm, the recently appointed President of Cassidy Turley (and former CEO of Cassidy Turley Northern California), will moderate the panel discussion, as well as commence the event.
At the event, Cassidy Turley will also be releasing its annual San Francisco Bay Area Commercial Real Estate 2013 Forecast book, viewed as one of the most in-depth commercial real estate reports of market trends and forecasts for the region. The book discusses the key market drivers of 2012, which pointed to the high tech industry as the leader for growth—particularly in the Silicon Valley and flowing into San Francisco. According to Cassidy Turley’s Research Director, Garrick Brown, “Tech users accounted for 69% of all of the leases signed for office and R&D space in the Bay Area in 2012”. The book also projects a minimum of 6.3 million square feet of office/R&D growth in the Bay Area in 2013. Mr. Brown adds, “Policy concerns will continue to challenge business confidence over the first few months of 2013, but the economy will continue to gain momentum thanks to the resurging housing market.”
The State of Real Estate® 2013 is a series of unique programs that Cassidy Turley present across the country that is customized for local markets – offering analysis of current national trends, the effect on local and regional markets, and a real estate forecasts. Cassidy Turley’s The State of Real Estate 2013 program event in Northern California will be the second such event the firm is hosting to kick-off the year. The first event in the series was held in Indianapolis on January 10. The firm’s additional State of Real Estate events will then follow around the country in Washington, DC, on January 23 and with January 24's Leasing Breakfast; Los Angeles on January 31; St. Louis on February 7; Columbus, Ohio, on February 21; New York on March 6; and Atlanta on March 14 and March 28. For more information, visit www.cassidyturley.com/StateofRealEstate.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 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 in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Cassidy Turley provides regional real estate services in Northern California. With 15 Northern California offices and a 400-member team, Cassidy Turley’s market leadership is demonstrated by completion of over 3,300 transactions, totaling over $4.3 billion in 2011.