While exact terms were not disclosed, published asking net lease rates at the property are $15.50 per sf, compared to $16 per sf at RREEF's 1 Northbrook Place at 5 Revere Dr.
Studley senior managing director John Ziesmer, executive vice president John Goodman and managing director Michael Burns handled negotiations for Smith Barney, which uses the tenant representation firm for portfolio management in 12 states. Kevin Clifton of CB Richard Ellis handled negotiations for CB Investors.
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