Jackson Cross Partners announced the completion of 7 large commercial real estate transactions for the West Chester, PA firm Communications Test Design Inc. CTDI is a leader in global engineering, repair, logistics and product manufacturing.
Online PR News – 10-November-2012 – King of Prussia, PA – November 6, 2012 - 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.”
CTDI has provided groundbreaking service solutions to the communications industry since 1975. Today, CTDI is a full-service engineering, repair and logistics company delivering innovative and web-based service models worldwide. CTDI’s one-stop service model includes: Wireline Repair and Logistics, Wireless Repair and Logistics, Network Deployment Services, Supply Management Services, Product Engineering and Manufacturing, and most recently, CPE (Set-Top Box, Modems & EMTAs) Repair and Logistics. CTDI’s customers include the major Telecom and Cable service providers as well as OEMs from around the world. CTDI maintains its corporate headquarters in West Chester, PA, and supports an expanding customer base with more than 5,200 employees in 50 facilities worldwide.
About Jackson Cross Partners
Jackson Cross Partners (JCP) is a multi-dimensional commercial real estate company that offers a unique resource to an organization’s real estate challenges. The company provides commercial property owners and occupiers with a broad range of services including Advisory, Brokerage, CRE Strategies, Investment and Property Management. With advanced skills and experience in Real Estate, Finance, Accounting, Technology and Law, JCP provides a cross functional approach to real estate planning, analysis and operational execution. The company, based outside of Philadelphia, PA, provides regional brokerage services in Pennsylvania, Delaware and New Jersey, while also providing advisory and strategic execution for client portfolios throughout North America and around the world.