Ivy sells Rye building for $23m.Ivy 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. announced the sale of 411 Theodore Theodore. For Russian rulers thus named, use Feodor. Fremd Avenue in Rye, N.Y. for $22.6 million. A joint venture of Willrye Holdings LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Sivan Rye, LLC, an entity controlled by Willet Companies, LLC, purchased the 111,078 s/f Class-A office building at $204 per square foot. "411 Theodore Fremd Avenue is representative of the value-added real estate investments that we make at Ivy," said Chief Investment Officer David Archibald. "The market and timing were right for us to maximize our investment value by selling this prime property in Rye." At the time of the sale, the property was 97% leased to tenants. Jeffrey R. Dunne and Steven P. Bardsley of 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 the buyers in the transaction. |
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