Raleigh, NC- Cassidy Turley, a leading national commercial real estate services firm in the US, is pleased to announce that under new ownership, Sentinel Real Estate Corporation, Aerial Center Executive Park signed five leases, amounting to over 20,000 square feet in the first sixty days bringing the park to 98% occupancy with only one remaining suite available for lease. The recent activity includes two new leases, plus three renewals and expansions of current tenants.
Aerial Center Executive Park is an eight building, 310,000 SF office park located directly off of Airport Boulevard, minutes from I-40, the Raleigh-Durham International Airport, and numerous amenities and hotels. Current tenants of the park include a mix of publically traded and local companies.
“Sentinel’s hands-on approach, along with the quality and ideal location of Aerial Center Executive Park, have attributed to the park’s continuous success in attracting and maintaining a strong and diverse tenant base” stated Hillman Duncan, Senior Vice President and Principal in Cassidy Turley’s Raleigh office.
Sentinel is an independent privately-held real estate advisory firm established in 1969. The firm is headquartered in New York City, and has 15 additional management offices throughout the U.S. Sentinel owns and manages over $4.5 billion in quality real estate through a diversified group of commingled funds and separate accounts featuring both apartment and commercial property investments, pursuing core, core-plus and value-added strategies. The firm has 60 institutional clients, both domestic and international, including public funds, corporate funds, insurance companies, banks and Taft-Hartley pension and profit-sharing plans. Approximately 1,000 Sentinel employees nationwide oversee and provide on-site management of its portfolio of over 35,000 multifamily units and seven million square feet of commercial real estate.
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Cassidy Turley is a leading commercial real estate services provider with more than 3,600 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.