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Ron Labetich Company Joins Cassidy Turley | Ron Labetich & Scott O’Brien Join Top Regional and National Firm

San Francisco, CA – October 19, 2011 – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Ron Labetich Company, a local boutique firm based in Los Altos, California, has joined the company. Operating as Cassidy Turley, Ron Labetich & Company will continue to do business at its existing office location at 339 South San Antonio Road, situated just off Foothill Expressway. This will be Cassidy Turley’s 15th Northern California office.

Ron Labetich Company is comprised of veteran real estate professional Ron Labetich, Founder and President, and Scott O’Brien, a leasing and sales specialist. Ron Labetich Company focuses on commercial real estate properties located in Santa Clara and San Mateo counties, with a primary emphasis on the city of Los Altos. Mr. Labetich founded the company in 1991. Mr. Labetich joins Cassidy Turley as Partner while Mr. O’Brien joins as Vice President.

Michael Kamm, CEO Cassidy Turley Northern California, stated, “We are excited to have gained two talented and experienced veteran professionals in Ron and Scott as part of our firm. This union is a definitive win-win for both parties as it equips Cassidy Turley with insightful experts and business leaders along the peninsula, while it also helps them to enhance and broaden their capabilities, resources and relationships our firm offers to improve service to their existing and future clients.” He added, “Despite the economic turbulence, we as a firm have successfully continued to grow and evolve over the course of the last decade and have positioned ourselves well with extraordinary leadership and expertise in core markets throughout the region. And with this addition, we continue to further solidify our presence and market dominance along the peninsula.”

Mr. Labetich's career spans more than 40 years in the commercial real estate business. A former President of Cornish & Carey Commercial, Mr. Labetich has sold and leased over $300 million of commercial real estate. He has also participated in the development of over 500,000 square feet of commercial properties on the Peninsula, completing over 1,300 commercial real estate deals during his career. Since joining the Ron Labetich Company in 2002, Mr. O’Brien has been involved in hundreds of transactions. He has developed key relationships with both property and business owners building an extensive knowledge base of the current commercial environments in Santa Clara and San Mateo counties.

David Hiebert, Managing Partner of Cassidy Turley’s Palo Alto office said, “We have superior intimate market knowledge and experience up and down the peninsula, particularly in key downtowns, the Stanford Research Park, and along the Bay’s waterfronts. The addition of Ron Labetich Company gives us deeper penetration into an important affluent area such as Los Altos, which complements very well all of our other focal strong suits.”

Mr. Labetich stated, “We are thrilled to have joined the number one commercial brokerage firm in Northern California—Cassidy Turley. The marriage will result in providing our clients with the latest industry leading market research, full service brokerage and nationwide exposure. Our Los Altos office will be expanded to accommodate our growth and maintain customer service as our highest priority.” He added, “I founded Ron Labetich and Company 20 years ago, envisioning a real estate company that would be a unique resource for individuals, families, tenants, property owners and companies – a company dedicated to personal real estate service, fostering open communication and interaction with clients. In joining Cassidy Turley, we get to continue on with this vision at an even higher and expanded level of service.”