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Salomon Smith Barney leases at 125 Broad St.


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.  has negotiated a 330,900 square-foot lease at 125 Broad Street on behalf of Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. . John G. Nugent, senior vice president in GB Richard Ellis' 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
 office; represented Salomon Smith Barney.

"We were challenged with securing a substantial amount of space in a premier building for Salomon Smith Barney in an extremely tight market," said Nugent. "After an extensive search, we were able to negotiate and secure an ideal space for our client at 125 Broad Street."

Salomon Smith Barney will use the new space to consolidate its insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 groups, as well as other divisions from several locations.

125 Broad Street is a 1.2 million square-foot office condominium. The Witkoff Group, owner of a 550,000 square-foot condominium unit in the building, will be Salomon Smith Barney's new landlord.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:May 3, 2000
Words:139
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