CDI
Commercial Developments
International, Inc. (CDI) was incorporated in 1989 as part of a corporate-wide program
by Kajima International, Inc. (the former name of Kajima’s U.S. entity) to streamline
operations by establishing separate operating subsidiaries specializing in specific
areas of real estate development and related activities. CDI is a wholly owned subsidiary
of Kajima U.S.A. Inc.
CDI operates nationally and develops and invests in office buildings, multi-family
apartment projects, retail projects, and mixed-use developments. Its primary focus
is on office buildings, including design/build and build-to-suit projects. CDI is
unique as a developer due to the fact that it has the resources and support of one
of the largest construction / architectural / engineering companies in the world
as well as that of its sister companies in the United States.
CDI is the beneficiary of over 40 years of operations and more than 3,000 projects
developed and built throughout the United States by itself and its predecessor,
Kajima International, Inc.
In addition to its traditional development and investment activities, CDI is expanding
its activities through specialized commercial development services as well as joint
ventures.
To contact CDI for your development needs:
CDI, Inc.
1251 Avenue of the Americas
Suite 910
New York, NY 10020
Phone: 212-899-4570
Fax: 212-899-4569
Contact: Alan T. Kessler, President and CEO
e-mail:
akessler@cdiinc.us
Services
At the heart of CDI’s core business is traditional development and investment in
commercial properties with emphasis on officebuildings. CDI seeks opportunistic
investments focusing on buildings that need repositioning or have additional development
rights, as well as core assets. CDI purchases properties in primary and secondary
cities throughout the United States in central business districts as well as suburban
sub-markets. Although its preferred deal size is $25 million with an upper limit
of about $100 million, it will consider transactions outside those parameters. CDI
also offers design/build services to companies.
Key Projects
CNBC New Headquarters Building (Englewood Cliffs, NJ)
This CDI design/build project was completed in 2002. It was designed in two phases
of 300,000 and 200,000 square feet and contains 17,000 square feet of studio and
40,000 square feet of technical support space. The project was performed on a fast-track
schedule and was completed on time and on budget.
2100 McKinney Avenue (Dallas, Texas)
CDI acquired this “supercore” trophy building at the end of 2002.

1800 West Loop South (Houston, Texas)
An early acquisition of CDI. This value added property was repositioned over five
years, resulting in a substantial gain in value.

55 Wall Street (New York, NY)
CDI acted as asset manager of this landmark property, and was instrumental in its
successful sale.
