Citigroup gobbles up 250,000 s/f.Taking a massive 500K s/f chunk of space at SL Green's 485 Lexington Avenue last month, Citigroup continued to gobble up to capture in a mass or in masses; to capture suddenly. See also: Gobble major chunks of Midtown space with the signing of a 250K s/f lease at 787 Seventh Avenue last week. While company spokespersons would not comment on the deal, Citigroup has reportedly been in growth mode while at the same time selling off some of its real estate assets. The company announced the sale last May of its Long Island City tower to Reckson Associates, leaving the possibility that 485 and 787 may also take up the slack until the Citigroup can develop a proposed 14 story 485K s/f building near its first tower in Long Island City 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. represented 787 Seventh's owners, the Equitable Life Equitable Life may refer to:
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