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Madison hands properties off.(Madison Realty Group Inc. hires CB Richard Ellis to manage its real estate holdings)(Brief Article)(Statistical Data Included)
CB Richard Ellis to manage as Madison pursues buys
DOWNTOWN -- Madison Realty Group Inc., a Downtown real estate firm that owns the Frick and Westinghouse buildings, has tapped the Pittsburgh office of CB Richard Ellis to handle its nationwide real estate portfolio.
The move, in turn, will free up the three Madison principals, Bernard Reilly, Blaise Larkin and Bryan Pivirotto to concentrate on real estate acquisitions.
Under terms of the long-term deal, CB Richard Ellis essentially will be responsible for running and overseeing Madison's 2-million-square-foot portfolio that includes office, retail and warehouse holdings in Pennsylvania. Florida, …
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