Brokerage Firm To Manage Nearly 2M SF

WASHINGTON, DC-CB Richard Ellis Asset Services Group has just added 1.5 million sf to its 38-million-sf portfolio in the metro area. They are two office and warehouse portfolios: 740,000 sf across six offices in the Rockrose portfolio, which is owned by New York City developer Rockrose; and Patriot Equities’ recently acquired an 800,000-sf portfolio, which includes the former Hecht’s Co. distribution center at 1401 New York Ave.

Mary Jo Eaton, managing director of the CBRE’s Mid-Atlantic Asset Services Group, tells GlobeSt.com that CBRE will be bringing its “At Your Service” concierge service to the Rockrose portfolio to help retain tenants and otherwise bring the buildings’ up to class A service levels. “It helps the buildings become stickier,” she says. For the Patriot portfolio, which is slated for a massive redevelopment, she says, “our project management department is working closely with client on that redevelopment.”