CB Richard Ellis, New Jersey’s largest commercial real estate brokerage firm, recently completed two lease renewals at 202 Port Jersey City Blvd and 107 Industrial Drive in Jersey City, New Jersey for RREEF Alternative Investments. CB Richard Ellis’s Matthew Corpuel, vice president, Nick Nitti, first vice president and William Waxman, senior vice president, represented the landlord in these transactions.
“Metropolitan Distribution and Star Snacks, LLC renewed in these outstanding properties due to the strength of the ownership and their prime locations,” stated Waxman.
About RREEF Alternative Investments
RREEF Alternative Investments is the global alternative investment management business of Deutsche Bank’s Asset Management division. RREEF Alternative Investments consists of three businesses: Real Estate, Infrastructure and Private Equity. Headquartered in New York, RREEF Alternative Investments employs more than 1,400 investment professionals in 18 cities around the world to help investors meet a wide range of objectives – from diversification, to preservation of capital, to long-term performance. Named one of the world’s largest alternative investments managers in Global Investor/Watson Wyatt’s Alternative Survey, June 2008, RREEF has ?55.2 billion in assets under management worldwide as of 30 June 2008.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis is the only commercial real estate services company named one of the 50 “best in class” companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.