CBRE team brokers the sale of RVI portfolio.TOLEDO, OH & SYRACUSE, NY: Jeffrey Dunne, Patrick Biscegiia and Todd Newman of CB Richard Ellis' 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 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. Institutional Group collaborated with Harlan Reichle of CBRE's Toledo office and Harry Harkaway of The Pioneer Companies to represent the RVI RVI Radio Vlaanderen Internationaal (public broadcaster of the Flemish Community in Belgium) RVI Remote Visual Inspection RVI Renault Vehicules Industriels RVI Residual Value Insurance RVI Reverse Interrupt Group in the sale of two trophy CBD (Component Based Development) Building applications with components (objects). See component software. CBD - component based development office assets--One SeaGate, a 744,000 s/f office building in downtown Toledo, Ohio, and AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Towers, a 635,000 s/f two-tower office building in downtown Syracuse, New York. Both properties are recognized as the premier and largest office assets in their respective markets. The team was also responsible for procuring the buyer, AmTrust Realty Corp. One SeaGate, located off of Summit Street on the shore of the Maumee River, is a 28-story office tower with an attached pavilion that defines the city's skyline. One SeaGate's prestige, presence and quality of construction make it far and away the best office asset in Toledo. The building offers floor-to-ceiling glass curtain walls and unobstructed 360[degrees] view of the Maumee River and Lake Erie. At over 20,000 s/f and rectangular in shape, the floorplates are among the largest and most efficient in the market. AXA Towers, located at 100-120 Madison Street in the heart of the Syracuse CBD, is comprised of two 19-story towers that are connected by a five-story wing. AXA Towers has unparalleled views, is widely recognized and offers various on-site amenities including a credit union with ATM, large cafeteria, sundry shop and dry cleaners. Commented Dunne, "Both properties represent excellent 'value add' investments with huge upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar from the lease-up of 400,000 SF of vacancy at One SeaGate and 213,000 s/fat AXA Towers. AmTrust should fare well with their investment." |
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