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Brookfield names CBRE leasing agent for 3 WFC.


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 been selected as the leasing agent for the one million square feet of office space at Three World Financial Center in Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North , owned by Brookfield Properties Brookfield Properties Corporation TSX: BPO NYSE: BPO is a Toronto-based North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares.  Corporation.

The available space in the 51-story tower is the only large block of space remaining at the World Financial Center, the spectacular eight million-square foot, four-office tower complex that is home to Merrill Lynch, Dow Jones, Deloitte & Touche, and Cadwalader, Wickersham & Taft, in addition to American Express.

Mary Ann Tighe, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of 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) 
 for the Tri-State Region, will provide overall direction for the project, while Gregory Knoop, newly-appointed head of Agency Leasing for Downtown, will oversee day-to-day leasing initiatives. The other agency team members are Peter Brindley, Zachary Freeman, Kenneth Rapp and Bruce Surry who will market the opportunity. Early this year the law firm of Morgan & Finnegan, represented by CBRE, leased floors 20 and 21 (100,000 square feet) at Three World Financial Center from Brookfield. The law firm left Midtown to return to its original roots in Downtown Manhattan.

"We are about to implement a highly-targeted marketing strategy on this project," said Mr. Knoop, "contacting potential tenants to devise creative occupancy scenarios for them, and enlightening them about the property's unique benefits, amenities, and strong location."

According to Ms. Tighe, "Lower Manhattan is steadily recovering and we are proud to be involved as leasing agents for 3WFC WFC Wi-Fi Connection (Nintendo gaming service)
WFC Wide-Field Camera
WFC World Financial Center (New York)
WFC Workforce Center
WFC World Federation of Chiropractic
WFC World Food Council
, undisputedly one of Manhattan's most prestigious office properties."

"We have been encouraged with the leasing momentum that's been building at Three World Financial Center and are pleased to partner with CBRE, whose market reach will help us finish up our aggressive leasing targets," said Dennis Friedrich, President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Brookfield's U.S. Commercial Operations.

Designed by renowned architect Cesar Pelli, the World Financial Center was completed in 1988 and is the world headquarters of some of the world's most respected companies. The centerpiece of the complex is the distinctive Winter Garden, known for its 16 majestic 12-meter palm trees from the Sonora desert, and the exquisite outdoor plaza, offering stunning views of the Hudson River and New York Harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey". .

The government's $20 billion commitment to rebuild and redevelop Lower Manhattan includes financial incentives for new tenants and continues to attract occupiers from a wide range of industries.
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Title Annotation:CB Richard Ellis; Brookfield Properties Corporation
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 13, 2004
Words:381
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