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CBRE finds NewEgg for ProLogis.


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.  announced that it has leased 76,968 s/f on behalf of NewEgg Newegg is an online computer hardware and software retailer based in City of Industry, California, that was founded in 2001 by Fred Chang. It caters only to customers in the United States. It has supply warehouses in California, Tennessee, and New Jersey. .com at 1 Capital Drive in Cranbury, N.J. from ProLogis. The online computer hardware and software company is expanding operations from its previous location in South River and plans to utilize the new space for distribution purposes. Consummating this transaction from 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) 
 were Scott Belfer, Mindy Lissner and Lou Belfer.

"We are delighted to have represented NewEgg.com in this transaction," said Belfer. "The high-tech company decided to relocate re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 its operations to the East Coast and found that Cranbury Business Park met all its needs to serve the Boston to D.C. corridor. Our search lead them to this ideal facility in the right location."
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Aug 17, 2005
Words:122
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