Greenwich Financial Center sold.CB Richard Ellis' Tri-State Investment Team has sold the Greenwich Financial Center and the Greenwich Annory on behalf of IP Morgan Fleming Asset Management. The team also procured the buyer, The Innovest Group, an entity controlled by The HB Nitkin Group, who purchased the properties for $26,661,100. Located at One Fawcett Place, the Greenwich Financial Center is one of the premiere office properties in Fairfield County Fairfield County is the name of three counties in the United States:
Jeff Dunne Jeffrey "Jeff" Dunne born 14 May 1956 is a former Australian rules footballer. Played for St Kilda as a hard running back pocket, he was a solid defender and represented Victoria. Now a business man based in Tasmania with his wife and 4 children (3 sons, 1 daughter). , team leader of the TriState Investment Team, had the following comments on the sale, "The interest level, as would be expected for a property of this caliber, was extremely high, which is reflected in the record-setting price per square foot of $353. The combination of excellent location, a Greenwich address, street level retail on Greenwich Avenue and a parking ratio of 3 spaces per 1,000 SF made this asset one of the most attractive investment opportunities in the market." The 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. Tri-State Investment Team specializes is the sale of investment properties in the suburban markets surrounding New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , as well as in second tier markets in the Eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The team, led by Jeff Dunne with partners Chris McManus and Jim Tully Jim Tully (June 3, 1886 - June 22, 1947), was an American writer. His critical and commercial success in the 1920s and 30s may qualify him as the greatest long shot in American literature. Born near St. , has completed transactions with an aggregate consideration of over $350 million thus far in 2001. Among the other noteworthy sales are: Avalon Pavilions (932 apartment units) in Manchester, CT for $81.5 million; 1405 & 1425 Route 206 (230,000 SF of net leased office) in Bedminster, NJ for $53.5 million; Garden City Plaza City Plaza is a shopping mall in historic downtown St. Albert, Alberta, Canada. This shopping plaza features heritage architecture and a European small shop ambience. It is home to BITNETS, the award winning technology business, other upscale offices and boutique-style shops. (404,000 SF of office) in Garden City, NY for $43.5 million; and Reservoir Corporate Centre (157,776 SF of office) in Shelton, CT for $22.4 million. The Tri-State Investment Team is currently marketing a number of properties including The Boulders, a 796,000 SF office park with approximately 800,000 SF of additional development potential in Richmond, VA; Genuity Data Center, a 192,000 SF property net leased to Genu genu /ge·nu/ (je´nu) pl. ge´nua [L.] 1. the knee. 2. any kneelike structure. genu extror´sum bowleg. genu intror´sum knock-knee. ity in Cateret, NJ; 81 Main Street, a 117,404 SF office building in White Plains, NY; and Plaza 25, a 124-unit high-rise apartment building in White Plains, NY. |
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