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DETROIT-The local office of CB Richard Ellis Inc. has signed a strategic alliance agreement with Visteon Corp., one of the world’s largest automotive suppliers.The agreement calls for CB Richard Ellis to provide portfolio administration servicesworldwide, and transaction management for all acquisitions and dispositions in the United States, Canada and Mexico.

Mark Collins, senior vice president, and Nate Vincent, first vice president, will be responsible for the management of this account on behalf of Richard Ellis.

“Visteon became a free-standing, publicly-traded enterprise last year as a result of a corporate spin-off by the Ford Motor Co. of Dearborn,” says Dennis Kateff, Richard Ellis managing director. “This has given Visteon the freedom to re-engineer their business plan to focus on growth, product diversification and expanding their client base.”

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