Regions
BIDMC Takes 21 KSF in Eversource’s Suburban Boston HQ
In a deal brokered by Colliers International, Beth Israel Physician’s Organization relocated to The Summit at Station Drive in Westwood, Mass.
Chandler Industrial Asset Changes Hands
NGKF’s Executive Managing Director Jerry Jacobs and Associate Joe Vale represented the buyer, who paid $2.2 million for the 17,149-square-foot Class A industrial building.
New Co-Working Company Opens Irvine Office
MODI Offices established its first location in a 20,000-square-foot building in Jeffrey Business Park. The company plans to open offices in Los Angeles, Portland, San Diego, as well as abroad in Beijing, Tokyo or Seoul.
NGKF Taps Industrial Managing Director
Danny Williams will oversee industrial landlord and tenant representation in the port-adjacent South Bay Los Angeles submarket.
Passco Nabs Inland Empire Value-Add Retail Center
The company plans to reposition the 102,976-square-foot neighborhood shopping center in Corona, Calif. The retail market has one of the lowest vacancy rates in the regions.
DC-Area Assets Land $90M in Financing
Citizens Bank arranged the $49 million loan to refinance Georgetown Center in Washington, D.C. and the $41 million loan to finance the Old Centerville retail center in Centerville, Va.
Accurate Group Announces 2 New VPs of Sales
In their new roles, Matthew Lichtner and Richard Heltzel will lead the company’s sales efforts on the West Coast and in the Northeast, respectively.
Level 3 to Redevelop Iconic San Diego Building
Upgrades to The Wall, once a 1920s dance hall, will include a custom steel and wood front awning, exposed ceilings, skylights and a green living wall. SBMI Group bought the property last year for $2.8 million.
IHG to Open Second Holiday Inn Express in Melbourne
IHG and its partner Pro-Invest announced plans for a new 299-key hotel, marking the second Holiday Inn Express in Melbourne. Holiday Inn Express Melbourne Little Collins is slated to open in 2020.
Ermenegildo Zegna Relocates in Midtown Manhattan
The luxury retailer will occupy 20,132 square feet of office space at SL Green’s 10 E. 53rd St., spreading throughout part of the sixth and the entire seventh floors. JLL brokered the deal.