Tecore Networks, Alliance Technology Group purchase buildings on Hi Tech Drive in Hanover

Jan. 19, 2012 - PRLog -- Cushman & Wakefield today announced that Tecore Networks has purchased a 48,000-square-foot office building at 7030 Hi Tech Drive in Hanover.

This transaction follows the September sale of 7010 Hi Tech Drive, a 40,000-square-foot building, to Alliance Technology Group, LLC. Cushman & Wakefield senior director Hayes Merkert, SIOR represented the buyers in both transactions. Bo Cashman and Jonathan Beard with CBRE represented the seller of both buildings, Redus New Hampshire, LLC.  Financial terms of the deals were not disclosed.

Tecore Networks, the leader in supplying mobile network infrastructure, is moving from their current location at 7061 Columbia Gateway Drive in Columbia to their new headquarters building this summer. Alliance Technology Group, a leading Systems Integrator and IT solutions company, will take occupancy of their building this spring.


About Cushman & Wakefield, Inc.
Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 235 offices in 60 countries and more than 14,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within five primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, investment banking, debt and equity financing; Corporate Occupier & Investor Services, including integrated real estate strategies for large corporations and property owners; Consulting Services, including business and real estate consulting; and Valuation & Advisory, including appraisals, highest and best use analysis, dispute resolution and litigation support, along with specialized expertise in various industry sectors. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com.

About Tecore Networks
Tecore Networks is a global supplier of multi-technology 2G, 3G and 4G mobile network infrastructure. Built with the same standards-based voice and data technologies available to global carriers on an IP-based architecture, we have dramatically enhanced functionality while minimizing space requirements, installation time and cost of ownership. We also offer integrated value-added features to enable our customers to increase ARPU and retention. Our solutions include core as well as radio access network infrastructure, supported by state-of-the-art professional services. Founded in 1991, Tecore is ISO 9001:2008 certified, and is a three-time winner of the Global Mobile (3GSM) Award. For more information, visit www.tecore.com.

About Alliance Technology Group, LLC
Alliance Technology Group is a leading Systems Integrator and IT solutions company with a team of highly skilled practitioners, specializing in IT Infrastructure, Cloud Computing and Professional Services. To our customers in the private and public sectors, we have become the trusted partner to cost-effectively and reliably harness the full potential of the Cloud. Alliance’s Converged Infrastructure solutions transform IT technology silos into interoperable shared pools of resources—servers, storage and network connectivity.

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Cushman & Wakefield of Maryland is a full-service commercial real estate firm in Maryland providing Tenant Representation, Leasing, Sales, Capital Markets, Project Management, Property Management, Consulting, and Valuation & Advisory services.