CB Richard Ellis gets $29m taste of hospitality.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. recently represented Highland Hospitality Corporation in an agreement to purchase a soon-to-be-built Marriott hotel in Gaithersburg, Maryland Maryland (mâr`ələnd), one of the Middle Atlantic states of the United States. It is bounded by Delaware and the Atlantic Ocean (E), the District of Columbia (S), Virginia and West Virginia (S, W), and Pennsylvania (N). , from WPM wpm abbr. words per minute wpm words per minute Noun 1. wpm - the rate at which words are produced (as in speaking or typing) words per minute Construction for $29 million. CB Richard Ellis was the sole broker in the deal. S. Douglas Henkel, a senior vice president in the firm's Norfolk office, and Marc A. Magazine, first vice president in CBRE's Washington, D.C., office, led the company's marketing efforts. Highland will acquire the 210-room Courtyard For alternative meanings of the word "court", see: Court (disambiguation). A court or courtyard is an enclosed area, often a space enclosed by a building that is open to the sky. Gaithersburg Washingtonian Center when construction is complete. "This type of transaction represents a growing trend in tight markets where it is difficult to find existing product and there are high barriers to entry," said Henkel. Once complete, the Courtyard Gaithersburg Washingtonian Center will offer a central location near the nation's capital--just 30 minutes away from Dulles International Airport and downtown Washington, D.C. |
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