Cassidy Turley to Represent RREEF in the Leasing of 407,930 Square Feet of Industrial Space in Baltimore

Published on September 22, 2010

Cassidy Turley today announced they will represent RREEF in the leasing of three buildings including 8901 and 8965 Yellow Brick Road in Rosedale and 670 Chesapeake Park Plaza in Middle River, totaling 407,930 square feet.  RREEF acquires and manages investments in commercial and residential property and real estate securities on behalf of its institutional and private clients worldwide.

Jarred M. Testa of Cassidy Turley commented on the transaction, "Our team is very excited to have the opportunity to work with RREEF.  RREEF's positioning of its Yellow Brick Road assets, through extensive re-development, allows for maximum exposure to office-warehouse tenants looking for a Class A home with superior access to Interstate 95."

Michael A. Ready, Vice President of Asset Management for RREEF commented, "Cassidy Turley's national platform and local (Baltimore) industrial presence will give maximum exposure to this three building portfolio.  Cassidy Turley's aggressive approach to project marketing will benefit our newly redeveloped building on Yellow Brick Road and help stabilize this 410,000 square foot portfolio."

Jarred M. Testa, J. Richard Latini, and Craig S. Lewis of Cassidy Turley are the listing brokers.

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