WASHINGTON, DC - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that it has been selected by USAA Real Estate Company to provide property management services for two Class A office buildings in the Crystal City submarket of Arlington, VA – One Potomac Yard, which has 315,231 square feet and is located at 2777 Crystal Drive; and Two Potomac Yard, which has 306,593 square feet and is located at 2733 Crystal Drive.
“We are delighted that USAA has selected Cassidy Turley for this assignment and our team is prepared to work diligently to perform at the highest level,” commented Bill Grillo, Senior Managing Director with Cassidy Turley. “We have developed a robust resource platform that is prepared to support the on-site management team and will facilitate a smooth transition. This is our first opportunity to work with USAA in the DC metro market and we intend to deliver outstanding service to both the client and the tenants of Potomac Yard,” he continued.
One and Two Potomac Yard are located at the intersection of Crystal Drive and Potomac Avenue, within short walking distance of a variety of amenities including health clubs, hotels, convenience retailers and white tablecloth restaurants like McCormick & Schmick’s, Legal Sea Foods and Ruth's Chris Steakhouse. The buildings are also proximate to the Crystal City Metro station (Blue and Yellow lines) and the VRE station, and provide direct access to Route 1, the George Washington Memorial Parkway, I-395 and I-66.
One Potomac Yard is 100 percent occupied by the U.S. Environmental Protection Agency (EPA), while Two Potomac Yard is 99 percent leased, with the EPA occupying approximately 50 percent of the building. Both buildings are 12 stories high with street-level retail, and were awarded LEED® Gold certification for New Construction in 2006 and the ENERGY STAR label for operating efficiency. Two Potomac Yard was also awarded LEED Platinum certification for Existing Buildings: Operations & Maintenance (LEED for Existing Buildings: O&M), while One Potomac Yard is currently pursuing LEED certification for Existing Buildings: O&M.
About USAA Real Estate Company
USAA Real Estate Company, with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, retail and hotel properties as well as investments in real estate operating companies. USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
About Cassidy Turley
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.