News: Owners Developers & Managers

O'Hara of Coldwell Banker Commercial NRT handles $1.35m sale of 18,873 s/f property

Christopher O'Hara, senior vice president of Coldwell Banker Commercial NRT Inc., has completed a $1.35 million sale, representing Tienshen, Inc. at 231 Wilson Ave. Eurostar Industries will be relocating from 1 Testa Place to the Wilson Ave. facility for its office and warehouse. John Zervos of Desmond Virgulak Brown Commercial Realty represented Eurostar Industries. The property is a two story building with 18,873 s/f of office/warehouse space and 1.512 acres of land. Eurostar Industries Inc. (www.eurostarinc.com) is one of the leading European Auto Parts Warehouse Distributors that specializes in the production and distribution of automotive spare parts. They strive for quality, excellence in service, friendly relationships with customers and prompt deliveries and supply over 1500 types of high quality O.E., OEM & aftermarket parts for European automobiles and carry an extensive inventory of stock in Stamford and Norwalk, Connecticut, at all times. Parts supplied by Eurostar are exclusive for North America from manufacturers in Germany and around the world. Tienshan, Inc. is a subsidiary of Tienshan Group and is a housewares, china and fine stoneware manufacturer and distributor. Tienshan distributed through as well as created customized crockery sets for Bed, Bath & Beyond, Crate and Barrel, Cabela's, Kohl's, Target, Linens and Things, Macy's, Ballard's, Costco, BJ's Wholesale Club, Stop-N-Shop Supermarkets, and L.L. Bean, etc. They are currently headquartered in Hong Kong. Coldwell Banker Commercial NRT operates in 21 states as the commercial real estate arm of NRT Incorporated, a subsidiary of Realogy Corporation (NYSE: H). Realogy Corporation is the world's leading real estate franchisor. For more information about Coldwell Banker Commercial NRT, visit the company's web site at www.cbcnrt.com. NRT Incorporated is the nation's largest real estate brokerage company, with more than 1,000 offices, 64,000 sales associates and 8,000 employees operating in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. In 2007, NRT achieved an industry record with $230 billion in closed sales volume.
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