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Ingersoll-Rand relocates.


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.  recently represented Ingersoll-Rand in a 58,156 s/f lease transaction for its northeast executive office at 155 Chestnut Ridge Chestnut Ridge may refer to:
  • Chestnut Ridge, New York, United States
  • Chestnut Ridge people, Melungeon community residing just northeast of Philippi, West Virginia, USA
  • the western-most ridge of Pennsylvania’s Allegheny Mountains
 Road in Montvale, N.J.

The 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) 
 team of Geoffrey Schubert, James Tully, Gerry Bridges .and Patrick Murphy ,was responsible for this significant transaction. Kim Bertin and Roger Merriman assisted in the project management efforts of this relocation.

"We are extremely pleased to have represented Ingersoll-Rand and devised an office solution that mirrored the company's overall business strategy. After nearly 35 years in Bergen county, it's great news for New Jersey that this Fortune 500 company will be remaining in the region. This lease also reflects our company's ability to offer clients value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 services and expertise to fulfill their complex operational, financial and qualitative requirements," said Mr. Schubert.

Ingersoll-Rand recently sold its executive office located at 200 Chestnut Ridge Road in Woodcliff Lake, N.J. to BMW BMW
 in full Bayerische Motoren Werke AG

German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 North America. CBRE was responsible for this disposition as well. CBRE provided Ingersoll-Rand with extensive project and transaction management services to complete its relocation to the 92,000 s/f class A facility at 155 Chestnut Ridge Road in Montvale, which is owned by Teachers Insurance/ TIAA TIAA Teachers Insurance and Annuity Association
TIAA Travel Industry Association of America
TIAA This Is An Acronym
TIAA Texas Insurance Advisory Association (statistical reporting agency in Texas)
TIAA Total Inactive Aircraft Authorization
.

Ingersoll-Rand is innovation and solutions provider for the major global markets of climate control, industrial solutions, infrastructure and security and safety. The company employs more than 45,000 people at its manufacturing facilities throughout the world.
COPYRIGHT 2004 Hagedorn Publication
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:New Jersey
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 7, 2004
Words:234
Previous Article:Wachovia signs lease for one-acre parcel on Jersey's "gold coast".(New Jersey)(Wachovia Bank, N.A.)(Brief Article)
Next Article:SJP puts BMW in the driving seat at 130,000 s/f site.(New Jersey)(SJP Properties)(BMW of North America)(Brief Article)
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