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CBRE's NJ market share continues to increase.


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) 
 enjoyed its best ever year in the state in market share between CBRE and its competitors during 2005.

IThe company's market share rose in 2005 to 42% for tenant representation and 28% for landlord representation in office transactions of 10,000 s/f and greater.

"CB Richard Ellis' success in the marketplace reflects the level of talent and professionalism we have assembled and the client-focused culture that continues to differentiate us in the industry. Our clients trust CBRE for the sound strategic counsel that helps them make the most informed business decisions," commented Patrick Murphy
  • Patrick Murphy (politician), United States politician, first Iraq War Veteran elected to the United States Congress, elected in 2006.
  • Patrick Murphy (giant) (born 1834), a famed Irish giant
  • Patrick Murphy (independent)
  • Patrick Murray (theologian)
, executive managing director, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 TriState Suburban Markets, CBRE.

"When you assemble the best, most intelligent and most experienced minds in the business and equip them with the tools they need to compete effectively, the results are the dominant market share position we have achieved in New Jersey."

Transaction highlights for 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.  in 2005 include Verizon's 1.3-million-square-foot acquisition of AT&T's former headquarters at 295 Maple Drive in Basking Ridge, NJ; Atlantic Health System signed a lease for 210,000 s/f of office space in 475 South Street in Morristown, NJ.

CB Richard Ellis represented Advance Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Group, in a 209,000 s/f build-to-suit agreement with Eisai Inc. for a U.S. headquarters facility at 100 Tice Boulevard in Woodcliff Lake, New Jersey Woodcliff Lake is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,745.

Woodcliff Lake is also the name of the reservoir that lies primarily within the town--a small part of it lies in neighboring
.

And the firm arranged a 99,541 s/f lease on behalf of QualCare Alliance Networks Inc. at 33 Knightsbridge Road in Piscataway.

CBRE also continued its aggressive recruitment campaign in 2005, further building upon its already strong team of professionals. Thomas Tucci, a 30-year veteran in industrial real estate, will lead the firm's New York Tri-State Region For other tri-state regions, see .

The Tri-State Region is commonly used in the area surrounding New York City to unambiguously refer to the greater metropolitan area. Sometimes the phrase is shortened to "the Tri-State," or "the Tri-State Area" is used instead.
 industrial practice.

As senior managing director, Tucci oversees CBRE's industrial leasing and sales brokerage services to tenants and owners throughout the region.

In the year ahead, CBRE plans to be launching new initiatives in the consulting, office, industrial and landlord services markets.
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Title Annotation:Commercial Sales & Leasing; CB Richard Ellis Inc.
Publication:Real Estate Weekly
Geographic Code:1U2NJ
Date:Feb 15, 2006
Words:324
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