Squibb complex sold, leased back.Garibaldi, Morford & Dodds/ CORFAC International has announced a long-term sale/leaseback agreement has been consummated for four Class A office buildings occupied by Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were Company totaling 872,551 s/f. The assets were sold to Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation). Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New based Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Management, Real Estate Investments Group. The properties included three buildings located at 777 Scudders Mill Road in Plainsboro, New Jersey, and one building located at 100 Nassau Park Boulevard in West Windsor West Windsor is the name of two places in the United States:
Garibaldi, Morford & Dodds/ CORFAC International was hired by Bristol-Myers Squibb Company in July 2006 to locate a suitable buyer for these properties. The team consisted of Robert T. Morford, CCIM CCIM Certified Commercial Investment Member CCIM Centro Cultural Islámico de México CCIM Client Component Installation Manager (Microsoft) CCIM Comité Consultatif pour l'Informatique Médicale CCIM Command Computer Input Multiplexer , principal; Gerald E. Moore, Jr., principal and managing director financial services; and Gerald A. Bower, Jr., vice president of financial services. "We are extremely pleased to have concluded this significant sale/leaseback transaction on behalf of Bristol-Myers Squibb Company," stated Morford. "This transaction is truly a win-win scenario which met both Bristol-Myers Squibb Company and Eaton Vance's real estate and financial needs," concluded Moore. |
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