Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Cushman & Wakefield Represents Konica Minolta in Dual Sale/Leaseback Transactions in Ramsey, N.JStrategic Assignment Enables Consolidation of U.S. Operations into Unified Campus
By: Cushman & Wakefield Richard Baumstein and Marc Graham, based in Cushman & Wakefield's East Rutherford, N.J. office, serve as national real estate advisors for Konica Minolta. The team represented the company in contracting to purchase 133 Williams Drive, a 171,500-square- Baumstein and Graham, along with Manhattan-based Cushman & Wakefield sale-leaseback specialists Ben Cooper and Peyton Horn, then brokered a 277,900-square- Konica Minolta, which currently employs 474 people in Ramsey, leased back both buildings on a long-term basis. The firm continues to own a third, 85,000-square- "Konica Minolta's presence in this neighborhood dates to the early 1970s, when 101 Williams Drive was built," said Baumstein, who maintains a decade-long relationship with the organization. "The company's various mergers and expansions into new product lines – including smart office technology products, industrial printing and managed services – are driving significant growth. This series of calculated moves paves the way for Konica Minolta to create an exciting, modern work environment while gaining efficiencies and accommodating future growth – all while remaining in place." About Cushman & Wakefield Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @ (http://www.twitter.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|