2008 CPN Goldbook - (Page 32) REGIONAL DIVERSIFIED FIRMS NORTHEAST Colliers ABR Inc. Colliers ABR Inc. is celebrating its 30th anniversary. It manages 12 million square feet of office space, 98 percent of which is leased. It operates in New York City; Westchester County, N.Y.; and Fairfield County, Conn.; and offers office leasing and management, retail brokerage, investment sales, financing and accounting and project management. It invests in value-add opportunities in partnership with key clients. Advance Realty Group Owner/developer Advance Realty Group added more than $1 billion worth of new projects to its development pipeline during 2007. Among them was the Picatinny Applied Research Campus in Morris County, N.J., a planned 1 million-squarefoot development stemming from an Enhanced Use Lease agreement between Advance Realty and InSitech Inc., a partnership intermediary for the Army’s Picatinny Arsenal Armament Research, Development and Engineering Center. PETER COCOZIELLO Another New Jersey project under way is President & CEO Advance Realty Group Phase I of Harrison MetroCentre, a large mixed-use project. The company’s total development portfolio includes 8 million square feet of commercial projects and 9,400 residential units. MARK BOISI Chairman Colliers ABR Inc. Colliers Meredith & Grew Boston-based Meredith & Grew joined Colliers International on Feb. 1. Founded in 1875, the firm employs 140 and offers tenant advisory, landlord representation and retail brokerage, investment sales, capital markets, counseling and valuation, development, advisory and property and asset management services. It represents core clients in Greater Boston and New England, proTHOMAS HYNES JR. vides national and international real estate Chairman Colliers Meredith & Grew services to multi-market clients and is an owner/member of Strategic Alliance Mortgage L.L.C. Akridge Akridge’s development portfolio totals more than 12 million square feet valued at over $2 billion. The company has completed such landmark Washington, D.C.area buildings as The Homer Building, Carroll Square, Gallery Place and 900 Seventh St., N.W. Current projects include Burnham Place, a transaction that took years to close. In addition, Akridge acquired 15 acres of air rights at Union Station and now controls as much as 3 million square feet of mixed-use development MATTHEW KLEIN space over the rail yard. Another project, President Akridge 100 V St., is a nine-acre build-to-suit opportunity that is located in Southwest Washington, D.C., in the Capitol Riverfront District revitalization area. The project offers unique security features. Akridge has acquired two buildings now being redeveloped and two sites being prepared for projects for the Akridge Office Fund. Denholtz Associates Denholtz Associates owns and manages more than 6 million square feet of commercial real estate. In 2007, it completed more than 300 leases totaling 1.3 million square feet. In 2008, the company plans to continue acquiring property, targeting value-add and stabilized core-plus properties, focusing on office and flex/industrial projects. The firm is headquartered in New Jersey and maintains offices in Atlanta, Chicago and Florida. The Garibaldi Group/CORFAC International’s 2007 client roster included Higgins Development Partners, Bristol-Myers Squibb Co., Honeywell International Inc., Warner Chilcott (US) Inc. and Daiichi Sankyo Inc. The company has offices in Chatham, N.J., and Lehigh Valley, Pa. JEFFREY GARIBALDI President Garibaldi Group/ CORFAC International STEVEN DENHOLTZ President & CEO Denholtz Associates Behringer Harvard Behringer Harvard completed $3 billion worth of acquisitions in 2007, doubling the value of assets under its management to $6 billion. Major acquisitions in the second half of the year included the purchase of IPC US Real Estate Investment Trust and its 34 office properties, bringing the total assets of Behringer Harvard’s flagship REIT I to 76 office properties with more than 25 million square feet of rentable space. Behringer Harvard also announced the acquisition of four Class A ROBERT BEHRINGER office properties from affiliates of BostonFounder & CEO Behringer Harvard based Beacon Capital Partners L.L.C., adding more than 3 million square feet of rentable office space to its holdings. The company also acquired its first asset in the United Kingdom: a long-term leasehold interest in London’s Becket House office building. The company creates and manages strategic real estate investment opportunities through REITs, partnerships, joint ventures and proprietary program structures. 32 Commercial Property News The Garibaldi Group/CORFAC International Leggat McCall Properties L.L.C. As a principal, Leggat McCall Properties L.L.C. has active Massachusetts projects worth more than $300 million. Its feedevelopment work is worth over $2.5 billion. Clients include Brandeis University, Massachusetts General Hospital, Brigham and Women’s Hospital, Newton-Wellesley Hospital, The Charles Stark Draper Laboratory Inc. and Hebrew SeniorLife. In 2008, the firm plans to initiate LMP Fund IV, a sequel to its earlier funds, which have focused on value-add and development projects. 2008 Goldbook
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