Brookwood Financial Partners, L.P. Announces the Sale of Mt. Kemble Corporate Center in Morristown, New Jersey.BEVERLY, Mass. -- Brookwood Financial Partners, L.P. ("Brookwood") announced that its affiliate, Brookwood Mt. Kemble Investors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , has sold Mt. Kemble Corporate Center for $56,700,000. Mt. Kemble Corporate Center is a 227,860 square foot two-building office property located at Exit 33 of Interstate 287 in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. . Brookwood acquired the property in April of 2004 for $38,750,000. "When we acquired the property, it was approximately 74% leased. With the improving office market fundamentals in Morris County and a strong marketing program, we were able to increase the property's occupancy to over 91%," said Eve M. Trkla, 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 Brookwood. Major tenants include Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. ,
St. Paul St. Paulas a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery Fire & Marine Insurance Company, Watson Pharmaceuticals and Coughlin Duffy, LLP LLP - Lower Layer Protocol . Brookwood welcomed the following new tenants to the property during its ownership: Coughlin Duffy, LLP; Donahue, Hagan, Klein, Newsome & O'Donnell; United Healthcare; Glenmede Trust Company; and Lane McVicker. "Given the velocity of leasing activity at the property, we achieved our business objectives earlier than expected," continued Ms. Trkla. Jeff Dunne of 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. represented Brookwood Mt. Kemble Investors, LLC in the transaction. CB Richard Ellis also leased and managed the property for Brookwood. The purchaser was Brickman Real Estate Fund II, L.P. About Brookwood - Brookwood is a Massachusetts-based private equity firm that acquires real estate and invests in private companies. Since 1993, Brookwood has acquired 38 properties totaling approximately 5.5 million square feet of office, retail and research & development space as well as 143 hotel rooms, 138 condominium units and 572 apartments units. Brookwood's real estate assets are located throughout the United States including in Florida, California, Arizona, Colorado, Virginia, Georgia, New Jersey, Maryland, Texas and Massachusetts. In addition, Brookwood has invested in eight private companies in the wireless telecommunications, restaurant, software and outsourcing industries. Brookwood has invested over $300 million in equity to acquire assets with a realized and unrealized value of approximately $1 billion. |
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