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Cassidy & Pinkard Awarded Real Estate Advisory Services Contract from University of Maryland |
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Cassidy
& Pinkard was recently awarded a two-year contract to provide a
variety of real estate advisory services for the University of Maryland
at College Park. Under the terms of the contract, Cassidy & Pinkard
will work closely with the real estate team of the University of
Maryland to assist them in identifying opportunities to enhance the
value of its existing real estate portfolio both on and off campus. The
Cassidy & Pinkard team, headed by Robert M. Pinkard, CEO, and
Shelley Phibbons Radomski, Senior Vice President of Brokerage Services,
will provide a wide array of consulting services including strategic
advisory services, leasing, acquisition and disposition of properties,
evaluating the multi-family rental market for undergraduate students,
and market analysis. Other team members include The Community Partners
Realty Advisory Services, who will provide appraisal and consulting
services for multi-family development, and Market-Economics, Inc., who will assist in providing economic feasibility, real
estate market research, and financial risk analysis.
The University of Maryland is the largest university in the greater
Washington metropolitan region and is ranked among the nation’s top 20
public research universities. Designated the flagship institution of
the University System of Maryland by state law, the university has
shown remarkable growth in the quality of its student body.
Construction of more than $500 million in new classrooms, residence
halls, recreational and research facilities has taken place on campus
in the past decade. Total annual research expenditures now exceed $350
million. Major research partnerships have been established with such
entities as Fujitsu, Fraunhofer Software Institute of Germany and
Batellle/Pacific Northwest National Labs and the university is building
the region’s largest research park, the M Square Enterprise Campus. The
university is considered by many to be one of the fastest rising
research universities in the United States.
Cassidy & Pinkard (www.cassidypinkard.com)
is the largest locally owned full-service commercial real estate
brokerage company in the Washington metro region. It serves local and
national clients from offices located in Washington, DC, Tysons Corner,
Virginia, and Rockville, Maryland. In 2004, Cassidy & Pinkard
completed nearly $3.3 billion in sales and leasing transactions, $35
million in project management, and managed nearly 4 million square feet
in 38 commercial office and retail properties. |
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