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| | Japanese aid sale of 551 Madison - alliance between Ikoma America Inc. and CB Commercial; office building sale Real ... (Site not responding. Last check: ) |
 | | An alliance between one of Japan's foremost real estate specialists, Ikoma America Inc., and CB Commercial, has achieved the sale of a Japanese-owned Madison Avenue office building to a local investor partnering with a U.S. investment fund for about $24 million. |
 | | This is the first major transaction attributable to the alliance, which began last December and includes a team of Ikoma brokers working out of the CB Commercial Midtown branch. |
 | | The team of Kenhisa Ueda, executive vice president of Ikoma America, and Marc J. Freud, director of the investment properties group for CB Commercial, worked closely in concluding the transaction with the seller, North American Building Management Corp., that real estate records identify as being a subsidiary of Shuwa Corporation. |
| www.findarticles.com /p/articles/mi_m3601/is_n9_v44/ai_20056765 (686 words) |
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