David Houston, a 40-year veteran in the commercial real estate industry, died unexpectedly Monday, October 4th at the age of 65.
As Managing Principal of Cassidy Turley New Jersey, Inc., Mr. Houston was responsible for the sale and leasing of some of the largest industrial transactions in the area as well as some of the largest office leases. He was recognized as an expert in both evaluation and marketing of commercial real estate by the New Jersey Tax Court, New Jersey Superior Court, County Tax Boards, Condemnation Commissioners, and other governmental bodies.
“It was with great sadness that we learned of the death of longtime business and community leader David Houston,” said Mark Burkhart, CEO of Cassidy Turley. “We are very grateful for his commitment to establishing our market leadership in New Jersey and within the commercial real estate community. On behalf of the people at Cassidy Turley, we extend our deepest sympathy to David’s family and offer our prayers and condolences during this time of loss.”
He carried on the family heritage for Houston & Co., founded by his grandfather in 1845. Houston & Co. joined forces with Cassidy Turley earlier this year. Mr. Houston served some of the largest corporations and developers in the United States.
Mr. Houston was recently named one of the 50 most influential people in real estate by NJBiz.
He served on the National Association of Realtors’ Executive Committee and Board of Directors and as the National President of the Society of Office and Industrial Realtors (SIOR) in 2004. In addition, he served as Vice President and National Director of SIOR, President of the New Jersey Chapter and was a former Chairman of the Society’s Education and Computer Committees. He served as Director of New Jersey’s Association of Realtors and President of the Industrial and Office Real Estate Broker’s Association of the New York Metropolitan Area. He was a Fellow in the Royal Institute of Chartered Surveyors and was a member of the Counselors of Real Estate and President of the New Jersey Chapter. In addition, he was selected by SIOR to teach in its sponsored courses for more than 20 years. David also served on the Environmental Cleanup Responsibility Act Advisory Committee to the New Jersey Department of Environmental Protection and was a Director of the NJ Chapter of the National Association of Industrial and Office Parks.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with over 2,800 professionals in 60 offices nationwide. The firm completed transactions valued over $13 billion in 2009, manages over 420 million square feet on behalf of private, institutional and corporate clients and supports over 25,000 domestic corporate services locations. Cassidy Turley serves owners, investors and occupiers with a full spectrum of integrated commercial real estate services—including capital markets, corporate services, project leasing, property management, project and development services, and tenant representation. Outside of North America, Cassidy Turley partners with GVA Grimley, the founder and majority shareholder of GVA Worldwide. The firm recently ranked in the Top 10 on the Lipsey Co.’s Commercial Real Estate Top Brands Survey, and was ranked #1 by Real Estate Alert for Office Sales in 3 of the Top 6 Markets. Please visit www.cassidyturley.com for more information about the company.