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MasterCard awards contract to Grubb & Ellis.


Grubb & Ellis Company, one of the leading providers of integrated real estate services, announced that MasterCard International has awarded Grubb & Ellis Management Services (GEMS) a maintenance services contract at MasterCard's Global Headquarters Site located in Purchase, New York Purchase, New York is a hamlet of the town of Harrison, in Westchester County. Its Zip code is 10577.

Purchase is home to Purchase College, which is part of the State University of New York system, Manhattanville College, a private liberal arts college, and the headquarters
. MasterCard self-manages the balance of its facility.

"We were referred to MasterCard International by an existing client and we won this assignment through a competitive bidding Competitive bidding

A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.


competitive bidding

1.
 process," said Maureen Ehrenberg of Grubb & Ellis Management Services.

"This is another in a string of significant wins for Grubb & Ellis."

Rich Angarano of GEMS' Southbury, Conn., office noted, "Our assignment began this fall; we are working closely with MasterCard's real estate division and Local 30 Operating Engineers Operating Engineers are tradepeople who operate machinery. There are two main types of workers that share this title and trade union affiliation (IUOE). The first group are workers who operate steam plants and boilers. , and we expect to deliver great value to MasterCard."

Anganaro handles a portfolio of larger GEMS clients, approximating 7 million SF, in the Northeast Region.

In the Tri-State Area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. , GEMS manages more than 30 million SF of a full spectrum of client facilities. GEMS is also a national leader in providing facility management services to raised-floor data centers, with more than 3 million SF under management for business leaders in such industries as information services See Information Systems. , institutional and consumer finance, insurance, global products manufacturing, national transportation networks, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  and global technology services.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 22, 2003
Words:203
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