CBRE REALTY TRUST ACQUIRES 175,000-SQUARE-FOOT OFFICE BUILDING IN N.J.

PARSIPPANY, N.J. — CB Richard Ellis (CBRE) Realty Trust has acquired a five-story, 175,000-square-foot office building in Parsippany for an undisclosed amount. The Class A property was constructed in 2007 and is located at 100 Kimball Drive. Amenities include a cafeteria and a fitness center. The property is fully leased to a single credit tenant through 2020. The seller's name was not released.