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CBRE to lease liner retail space.


Orphalese Global Strategies announced that 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) 
) is the exclusive leasing agent for 80,000 s/f of retail space aboard The Orphalese, the world's most luxurious residential ocean liner ocean liner

Large merchant ship that visits designated ports on a regular schedule, carrying whatever cargo and passengers are available on the date of sailing. The first liners were operated in the North Atlantic, notably by Samuel Cunard of Britain, beginning in 1840.
, which will set sail in 2008.

In an industry first, retailers will have the opportunity to establish and own businesses onboard Refers to a chip or other hardware component that is directly attached to the printed circuit board (motherboard). Contrast with offboard. See inboard.  an operating cruise vessel that directly manages its name-brand amenities and services.

A CBRE Retail Services team, led by Susan Kurland and James de Winter is marketing the mall deck space to upscale retailers and service providers. CBRE and Orphalese Global Strategies, a global consulting and management group, are positioning the space as the world's first floating luxury shopping mall.

John Letham, senior vice president of Orphalese Global Strategies, acknowledged the importance of CBRE's involvement. "The Orphalese will be a dream come true for our residents and guests. We want to assure them that they will have all the amenities associated with their daily lives available to them while they explore the world.

"CBRE is a crucial conduit conduit /con·du·it/ (kon´doo-it) channel.

ileal conduit  the surgical anastomosis of the ureters to one end of a detached segment of ileum, the other end being used to form a stoma on the
 to making that element become a reality, and we are looking forward to working collaboratively with its team to achieve that goal."

"We are thrilled to be a part of this unique project and look forward to the challenge of bringing upscale retailers on board," said CBRE's Susan Kurland, executive vice president in retail services.

"The level of retailers and international brands will be befitting be·fit·ting  
adj.
Appropriate; suitable; proper.



be·fitting·ly adv.

Adj. 1.
 of the luxury image of The Orphalese and its clientele, and will reflect the global destinations the ship will visit," added James de Winter, CBRE director of Retail Services.

CBRE offers strategic advice and services for property owners and occupiers through 300 offices.
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Publication:Real Estate Weekly
Date:Nov 9, 2005
Words:279
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