CBRE sells 261,000 s/f Jersey Harbor property.On behalf of the seller, Logistix Urban Renewal, and the buyer, RREEE 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. (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) ) recently completed the sale of 100 Harbor Drive Harbor Drive is the name of a street in Portland, Oregon, which was formerly a freeway that carried U.S. Route 99W along the western shore of the Willamette River in the downtown area. , a 261,000 s/f warehouse facility located in Jersey City. The CBRE team responsible for this transaction included William Waxman, senior vice president; Nicholas Nitti, vice president; Gary Capetta, first vice president; and Carrie Brown, senior associate. "We are pleased to have completed a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" investment sales transaction for RREEF and Logistix Urban Renewal," stated Waxman. "This facility's convenient and strategic location near 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. was a key draw in this acquisition." 100 Harbor Drive is a 260,831 s/f warehouse/distribution facility located along the Hudson Waterfront in Jersey City. The building is currently fully leased to Iron Mountain and Tyco, Inc. CB Richard Ellis has been retained as the exclusive leasing agent for the property when the Tyco space becomes available in the spring of 2006. |
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