95,000 s/f sublease.In a transaction arranged by CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. of Long Island, Los Angeles-based defense contractor Noun 1. defense contractor - a contractor concerned with the development and manufacture of systems of defense armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corporation has subleased 95,000 square feet of office space at 1055 Stewart Avenue in Bethpage, LI. The CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) team of Philip Heilpern, Richard Karson, Brian Lee For other uses, see Brian Lee (disambiguation) Brian Harris (born November 26, 1966) is an American professional wrestler who wrestled the majority of his career under the ring name Brian Lee. and Martin Lomazow negotiated the five-year deal on behalf of Northrop Grumman Corporation. The defense contractor will occupy offices at 1055 Stewart Avenue, which previously housed the investment firm Ladenburg Thalman Financial Services. Grumman was recently awarded several new contracts, which necessitated additional jobs and space to house the company's engineers and support personnel. Owned by Briarcliffe College, 1055 Stewart Avenue is a 220,000-square-foot property located in the heart of Bethpage, LI. In addition to Grumman, the facility also houses Briarcliffe Colleges' Bethpage Campus. "We are truly proud to represent Northrop Grumman Corporation in its expansion in Bethpage," said Mr. Heilpern. "This transaction is certainly a positive step toward renewed job growth on Long Island." |
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