Biz mag to stay at 711 Third Ave.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. has arranged a five-year, 100,000 s/f lease extension at 711 Third Avenue on behalf of the publisher of Crain's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Business, Crain Communications. CBRE's David Hollander For the actor see David Hollander (actor) David Hollander (b. 16 May, 1968) is an American TV writer and producer from Pittsburgh, Pennsylvania, and is most notably known as the creator, screenwriter, and an executive producer of The Guardian, a Pittsburgh-based , Ken Meyerson and Ivan Hillman Hillman was a famous British automobile marque, manufactured by the Rootes Group. It was based in Ryton-on-Dunsmore, near Coventry, England, from 1907 to 1976. Before 1907 the company had built bicycles. , senior vice presidents in the firm's Midtown office; and Mary Ann Tighe, chief executive officer of the New York Tri-State Region For other tri-state regions, see . The Tri-State Region is commonly used in the area surrounding New York City to unambiguously refer to the greater metropolitan area. Sometimes the phrase is shortened to "the Tri-State," or "the Tri-State Area" is used instead. ; represented Crain Communications in the transaction. SL Green's Larry Swiger represented the landlord. "We ultimately determined that extending Crain Communications' lease at 711 Third Avenue was the best option due to the building's premier Midtown location as well as the state of the current build-out of the floors," said Meyerson. "After a comprehensive review of the short- and long-term alternatives available to Crain's, the renewal of the lease ultimately met all of the company's financial and operational goals. "Additionally, we were able to secure further expansion rights to ensure that the building worked for Crain's through the end of its new lease term." The 500,000 s/f 711 Third Avenue is home to office tenants such as Newport News, Parade Publications, Chicago Title Insurance Company and Ricoh Corporation, and retail tenants such as Bridge Kitchenware, Cort Furniture Rental and Independence Bank. |
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