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Borough stays active in slump.


AGENTS at 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.  (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) 
) say Knowsley's office market remains active despite the recession.

The firm's northwest office agency team has let more than 35,500 sq ft of office space in the borough so far this year, equating e·quate  
v. e·quat·ed, e·quat·ing, e·quates

v.tr.
1. To make equal or equivalent.

2. To reduce to a standard or an average; equalize.

3.
 to over 75% of all local transactions.

The team has a further 14,000 sq ft under offer, which is likely to complete before the end of December.

CBRE says excellent connectivity to the rest of the North-West, the variety of space available and low occupational costs means Knowsley is proving attractive.

Tim Garnett, of CBRE, said: "Market activity in Knowsley has remained strong this year, which is surprising as the wider market has been challenging."
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Nov 18, 2009
Words:116
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