Jackson Cross Partners, LLC (JCP) today announced the completion of 7 large commercial real estate transactions, in multiple markets, totaling over 700,000SF in the last twelve months, for the West Chester, PA firm Communications Test Design Inc. or CTDI.
CTDI, a leader in global engineering, repair, logistics and product manufacturing serving the communications industry, supports an expanding customer base with more than 5,200 employees in 50 facilities in the US and globally. Fueled by a one-stop service commitment to customers, CTDI was experiencing significant expansion and needed to enter new markets quickly with adequate space to meet their future growth.
“Our relationship with Jackson Cross Partners has proven to be invaluable to CTDI as we continue to expand our footprint to multiple markets around the country. JCP put together a designated team, led by David Mackey and John Morrissey, with single point accountability to meet the needs of our complicated financial and construction models – in record time” stated Paul Cardell, CTDI Vice President Corporate Operations.
John Morrissey, partner of Jackson Cross said, “JCP was privileged to represent CTDI on these important transactions in partnership with some of the top brokerage firms and developers in the US and Canada. We had to negotiate hard, but we were able to successfully complete 7 transactions consisting of 5 new leases and 2 renewals across several markets, including: Portland, Phoenix, Wichita, Atlanta and Toronto among others.” Morrissey went on to add that “Our goal was to be efficient, nimble and flexible during this entire process and our team was able to deliver on this goal.”