Cbre Investors Buys Back Meadowlands Office Tower

NJBIZSeptember 02, 2009

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Summary


CBRE Investors had owned the building from 2002 to 2005, according to the company, an independent affiliate of commercial real estate services firm CB Richard Ellis. During that time, the company made a number of capital improvements, including a renovated lobby, new fitness center, new conference room, and a new services and amenities program called 5-Star Worldwide, according to Mike Burrichter, a principal at CBRE Strategic Partners U.S.

During that time, the company made a number of capital improvements, including a renovated lobby, new fitness center, new conference room, and a new services and amenities program called 5-Star Worldwide, according to Mike Burrichter, a principal at CBRE Strategic Partners U.S. The office tower, which is 72 percent leased, now has a 93,000square-foot block of available space in the building's upper floors, after shipping company P&O Nedlloyd - which had leased the majority of the space - relocated to Madison.

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Cbre Investors Buys Back Meadowlands Office Tower

EAST RUTHERFORD - CB Richard Ellis Investors, a Los Angeles-based rea...

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