ST. LOUIS-Cassidy Turley has invested further in its future byrenewing its property management contract with Edward Jones. Thefinancial services firm, based here, has almost 10,500 branchesthroughout the United States and more than 600 in Canada.

Cassidy, also based here, has worked with Edward Jones since1990, hired to manage the company’s headquarters campus. Sincethen, the firm has assisted in the opening of 10,000 new locationsfor Edward Jones, according to a Cassidy statement. In 2009,Cassidy delivered cost savings of more than $10 million, completingalmost 2,000 renewals, opening 696 new branches and relocating 192branches, according to the statement. A Cassidy spokeswomanreferred questions about this story to Edward Jones, who did notreturn a call for comment.

The contract includes services for new branch leasing, portfolioadministration, facilities maintenance, design and construction,furniture and signage and accounting for the Edward Jones branchoffices. Cassidy also provides on-site management of the 1.7million square feet of office headquarters space here and in Tempe,AZ. Further details of the new contract were not released.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.