C & W wins big at NAIOP.Cushman & Wakefield was the big winner last evening at the 2003 NAIOP NAIOP National Association of Industrial and Office Properties NAIOP National Association of Industrial and Office Parks NAIOP Navigational Aid Inoperative for Parts Awards Gala held in Manhattan. The firm received two awards: "Acquisition of the Year" and "Leasing Deal of the Year" from the National Association of Industrial and Office Properties (NAIOP), for its role in orchestrating two of Westehester county's most prominent sales and lease transactions completed this year. Cushman & Wakefield was awarded NAIOP's "Acquisition of the Year" award for its representation of the New York Life Insurance Company The New York Life Insurance Company (NYLIC) is the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world.[3] in the $38 million purchase of the Mount Pleasant Executive Center in Mt. Pleasant, NY. The New York City-based insurer plans to house 1,000 workers at the 383,000 s/f facility, formerly occupied by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . The seller was The Gale Co. of Florham Park, NJ. A. Mitti Liebersohn, executive vice president of Cushman & Wakefield, with the assistance of Michael N. Burlant, Senior Director, Gregory V. Frisoli, Associate Director, and Nicole L.. Shuman, Senior Account Manager, also of Cushman & Wakefield represented New York Life. Co-recipients of the award were New York Life, and Mark Yeager, President of The Gale Company, and 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. senior vice president Frank Tomasulo, vice president Paul Hoffmann and senior associate Al Gutierrez, who represented the seller. The "Leasing Deal of the Year" was also awarded to Cushman & Wakefield for its part in representing Argent ar·gent n. 1. Heraldry The metal silver, represented by the color white. 2. Archaic Silver or something resembling it. Mortgage Company in the lease of 118,000 s/ f at 333 Westchester Avenue in White Plains. Gerry Lees, senior director of Cushman & Wakefield, represented Argent. Co-recipients of the award were Argent Mortgage Company, and building owner, Charles S. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. of Cohen Brothers Realty, and owner's rep Stephen J. Riker, Michael Norris and Michelle DeBerry from Colliers ABR (1) (AutoBaud Rate detect) The analysis of the first characters of a message to determine its transmission speed and number of start and stop bits. (2) (Available Bit R . The awards gala was held at the Sky Club at 200 Park Avenue in New York. "The Argent lease and the New York Life purchase were, in many ways, the catalysts that helped changed the state of the Westchester county office market," said JoAnn Brennan McGrath, Vice President for Leasing & Marketing for W&M Properties, as well as chairperson of the NAIOP Awards Gala and member of the board for the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Westchester/Fairfield County Chapter of NAIOP. "Cushman & Wakefield is a deserving recipient of these awards. Their diligent work throughout the complex negotiation process should be commended." "We are truly honored by this recognition," said Kenneth M. Krasnow, senior managing director and New York Area leader for Cushman & Wakefield. "Both the New York Life and Argent Mortgage Company transactions were complex deals that required a team of sophisticated real estate professionals and a multitude of resources to ensure their successful completion." |
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