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Global giant to move in at 212 Carnegie Center.


On behalf of Mercer Insurance Group, Inc., 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.  announced it has subleased 24,000 s/f of office space at 212 Carnegie Center in Princeton, N.J. to Tyco International. Ray Sohmer, Craig Eisenhardt and Oscar Velez, of 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) 
, were responsible for the successful completion of this transaction.

"We are proud to have consummated this sublease on behalf of Mercer Insurance and to have secured a quick turnaround in this transaction," said Mr. Sohmer. "We are delighted to welcome Tyco International to 212 Carnegie Center, where they will benefit from the exceptional amenities and conveniences of this prestigious campus."

Built in 1992, 212 Carnegie Center is a 132,000 s/f office building, offering tenants a prime location equidistant e·qui·dis·tant  
adj.
Equally distant.



equi·distance n.
 from 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
 and Philadelphia along the prestigious Route 1 corridor.

Situated within a 560-acre corporate center site, the facility is immaculately landscaped with sculpture gardens, exotic plants, ponds and gazebos. Amenities immediate to the class A office building include the Princeton Junction train station, hotels, shopping malls, Princeton University and residential communities.

Tyco International Ltd. is a global, diversified company diversified company

A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a
 that provides vital products and services to customers in five business segments: fire and security, electronics, healthcare, engineered products and services and plastics and adhesives.
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Article Details
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Title Annotation:CB Richard Ellis Inc. subleased office space with Tyco International Ltd. for Mercer Insurance Group, Inc.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NJ
Date:Jun 22, 2005
Words:207
Previous Article:Roseland consolidation.(Cushman & Wakefield Inc. signs office lease agreement with Rothstein, Kass and Co.)(Brief Article)
Next Article:Firm set to bring big-name retailers to the Metro area.(Metro Commercial Real Estate Inc. establishes new office in New Jersey)
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