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CBRE inks 223,000 s/f lease for distribution company.


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 it has represented East Coast Logistics, a packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 distributor, in its 223,000 s/f lease renewal at 202 Port Jersey Boulevard in Jersey City, New Jersey.

Senior vice president William Waxman, vice president Nick Nitti, vice president Matthew Corpuel and senior associate Carrie Brown of 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 responsible for this transaction. CBRE also represented the landlord, RREEF.

"CB Richard Ellis is pleased to continue its relationship with RREEF and to work with East Coast Logistics in fulfilling its warehousing and distribution needs," Waxman commented.

East Coast Logistics is one of the largest food, candy candy: see confectionery.
candy

Sweet sugar- or chocolate-based confection. The Egyptians made candy from honey (combined with figs, dates, nuts, and spices), sugar being unknown.
, and beer distributors in the country. The facility's numerous amenities and unique warehouse and distribution characteristics met the company' strict requirements.

The strategic location, within close proximity to the Ports and 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.
, also proved to be a major deciding factor in East Coast Logistics (1) renewal. After conducting a statewide search for a different building, renewal turned out to be the best option for the tenant.
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Date:Jun 14, 2006
Words:168
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