CIGNA expands Park Lane lease.PITTSBURGH: Wells Real Estate Funds announced that insurance giant CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) Corporation has signed a new, expanded lease at 3000 Park Lane, in suburban Pittsburgh, to 2020. Intracorp, a subsidiary of CIGNA, leased a majority of the five-story, Class-A office building when it was acquired by a Wells investment fund in 2007. CIGNA has now agreed on a lease expanding into the entire 105,000 s/f building over a period of 24 months, and running for an additional 10 years. The property is located in North Fayette Township township: see town. . Wells was represented by Tina Renee McCall, asset management, with Jeremy Kronman and Dan Sliger of 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. . CIGNA also was represented by 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) , with Gerry Dudley, Jamie Pivarnik and Robert Zwengler. |
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