Stegner of CBRE|Buffalo brokers 27,000 s/f lease

The team of Shana Stegner of CB Richard Ellis|Buffalo and Rich Pancioli of CB Richard Ellis|Houston were the exclusive representatives for Redline Recovery Services in their office relocation and expansion. After an extensive search, the CBRE team assisted president Joe Moran with Redline Recovery, in the negotiations of a long-term lease at 95 John Muir Dr. David Schiller of Pyramid Brokerage represented the ownership of the property, Professors Capital, LLC, and handled the lease negotiations on their behalf. Redline Recovery will occupy 27,000 s/f of the 40,000 s/f building. The increase in s/f from their existing facility will allow for their anticipated future growth and the rapid growth they are experiencing due to the addition of new clients. With the assistance of the CBRE|Buffalo project management team, headed up by Edmund White, Redline Recovery anticipates relocating into their new office in January of 2009. 95 John Muir Dr. is also a CBRE|Buffalo managed property.