James P. Cassidy joined Newmark in 2016 as an Executive Managing Director in the firm’s Washington, DC, office, where he specializes in capital markets transactions and co-heads the investment sales business. Cassidy brings to his position more than 18 years of commercial real estate experience, in both investment sales and leasing. During his career, he has participated in more than $27 billion worth of sales transactions. In 2012, he was named one of the “Top Forty Under Forty” real estate executives by Real Estate Forum, and in 2013, Commercial Property Executive singled him out as one of the industry’s “Stars to Watch.” He provides owners of institutional real estate with disposition services for office and multi-housing buildings and land as well as joint venture structuring, recapitalization and debt and equity placement. He serves clients in the Greater Washington area as well as in Baltimore, Maryland; Richmond, Virginia; and Raleigh-Durham and Charlotte, North Carolina.
Prior to Newmark, Cassidy was a member of the Capital Markets Group in the Washington, DC, office of Cassidy & Pinkard, which was also known as Cassidy Turley, DTZ, and Cushman & Wakefield during his tenure.
Partial Client List
- ARA
- The Blackstone Group
- CBREI
- Clarion Partners
- Corporate Office Properties Trust
- JBG Smith
- Liberty Property Trust
- Normandy Real Estate Partners
- Prudential Real Estate
- Rockpoint Group
- RREEF / Deustche Bank
- TH Real Estate
- Tishman Speyer Properties
Partial List of Major Transactions
- One Metro Center, Washington, DC - 421,325 SF - $308 million
- Air Rights Center, Bethesda, MD - 688,717 SF - $205 million
- 12061 Bluemont Way, Reston, VA - 221,326 SF - $118 million
- 820 First Street NE, Washington, DC - 298,533 SF - $107 million
- 1250 Eye Street NW, Washington, DC — $100 million
- 2000 K Street NW, Washington, DC - 153,212 SF - $89 million
- Canal Center, Alexandria, VA - 538,895 SF - $65.8 million
- The Starco Portfolio, Chantilly, VA - 457,244 SF - $61.3 million
- One Loudoun, Loudoun County, VA - 312 acres - $33.6 million
- 1244 South Capitol and 50 M Street parcels, Washington, DC - 169,729 SF - $30 million
Professional Achievements
- Power Broker, CoStar, 2008 - 2017
- Commercial Real Estate Brokerage Association (CREBA)
Washington, DC, Sales Transaction of the Year, 2011 - 2013
Maryland Sales Transaction of the Year, 2011 - 2013
Virginia Sales Transaction of the Year, 2012 and 2013
Sales Firm of the Year, 2010 - 2012
Top Sales Agents, Regional Washington, DC, Maryland and Virginia, 2011
- Stars to Watch, Commercial Property Executive, 2013
- Top 40 Under 40, Real Estate Forum, 2012
- Best Urban Office Sale, Washington Business Journal, 2011
- Best Real Estate Transaction Over $50 million, NAIOP, 2010, 2011
- Best Real Estate Transaction Sale, NAIOP, 2010
- Top Sales Firm, CoStar, 2011
Professional Affiliations
- Member, NAIOP
- Member, Commercial Real Estate Brokerage Association (CREBA)
- Member, Urban Land Institute (ULI)
- Past president, Washington Real Estate Group
Personal Affiliations
- The Race for Hope DC: Benefitting the Brain Tumor Society and Accelerate Brain Cancer Cure
- The Friendly Sons of St. Patrick
Education
Cassidy earned a Master of Business Administration degree in finance from the Robert H. Smith School of Business at the University of Maryland. He also received a Bachelor of Arts degree from Davidson College, where he was named to the Southern Conference Honor Roll three times.