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Corporate deal comes out to $102m.


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) 
 | Melody melody, succession of single tones of varying pitch. Melody is the linear aspect of music, in contrast to harmony, the chordal aspect, which results from the simultaneous sounding of tones.  has arranged the sale and financing of Corporate Center in the combined amount of $102,200,000.

Corporate Center is a premier office tower investment supporting 342,552 s/f located in Downtown Ft. Lauderdale Lauderdale is the name of various places:
  • Lauderdale, Scotland, the district enclosing the valley of the Leader Water in Scotland. The burgh of Lauder is the main town.
, Florida.

Charles J. Foschini, senior director, of CBRE | Melody's South Florida office and Christian R. Lee, executive vice president, of CB Richard Ellis' Institutional Group represented the seller, Parmenter Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Properties, in their $62,200,000 disposition to Cabot Investment Properties. Also, acquisition financing in the amount of $40,000,000 with Greenwich Capital was arranged in association with Keith Braddish, senior director, in the 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
 CBRE I Melody office on behalf of Cabot Investment Properties.

Corporate Center is prominently located in the heart of Ft. Lauderdale's Central Business District on approximately 1.59 acres of land, providing excellent access to all parts of the city.

The property's tenants include , State Farm Insurance, Sprint Communication, and Walton Lantoff.
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Article Details
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Title Annotation:FINANCE; CBRE / Melody
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Mar 22, 2006
Words:156
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