NEW YORK CITY — Private aviation services provider evoJets has signed a 3,982-square-foot office lease at 220 E. 23rd St. in Manhattan’s Gramercy Park neighborhood. The 13-story building was originally constructed in 1921 and is known as the Media Arts Building. Bill Korchak, Edward DiTolla and Henry Warner of JLL represented the landlord, A. Shalom Realty & Management Co., in the lease negotiations. Peter Johnson and Leah Zafra from Avison Young represented the tenant.
Office
Versum Materials US Buys 19,601 SF Flex Building at Palomar Oaks Tech Center in Carlsbad, California
by Amy Works
CARLSBAD, CALIF. — Versum Materials US has acquired a building at Palomar Oaks Tech Center in Carlsbad from Bemer USA for $5.7 million. Located at 1989 Palomar Oaks Way, the asset offers 19,601 square feet of flex space. Jeff Abramson of Lee & Associates North San Diego County represented the seller, while Casey Sterk of JLL and Greg Bisconti represented the buyer in the deal.
AMHERST, N.Y. — Locally based commercial finance and advisory firm Largo Capital has arranged a $28 million loan for the refinancing of a portfolio of eight office properties totaling 350,000 square feet in the upstate New York community of Amherst. Jack Phillips of Largo Capital originated the financing, which was structured with a 10-year term and a fixed interest rate. The name of the locally based borrower and developer was not disclosed.
WEST PALM BEACH, FLA. — Quest Workspaces, a female-owned developer and operator of flexible office spaces, has expanded to occupy 25,947 square feet in downtown West Palm Beach, doubling its previous footprint. The company has been a tenant within the 21-story tower at 515 N. Flagler Drive for nearly 10 years. Vanderbilt Office Properties is the landlord of the building, which features an 11,000-square-foot rooftop garden, gym, two restaurants, a coffee shop, security desk, concierge, shoe-shining station, car wash and a salon. Quest’s amenities include treadmill desks, phone booths, chat rooms, a touchdown space, networking area and a garden wall.
ERIE, COLO. — Evergreen Devo has completed the disposition of UCHealth – Erie Nine Mile Medical Center, a Class A medical office building in Erie, approximately 25 miles north of Denver. An Arizona-based private real estate company acquired the asset for $5.6 million. Located at 2970 Arapahoe Road, the newly built, single-tenant property features 8,000 square feet of medical office space. UCHealth, a nonprofit healthcare system headquartered in nearby Aurora, fully occupies the asset. The Erie Nine Mile Medical Center is part of a 47-acre, mixed-use center that Evergreen is developing. Upon full build-out, the full development will feature 287 multifamily units, a King Soopers grocery store and multiple retail pads and shops. Jason Schmidt and Larry Thiel of JLL Capital Markets’ investment sales advisory team represented the seller in the deal.
DRAPER, UTAH — Clearlink has signed a deal to occupy 135,000 square feet of office space at 42 Future Way in Draper. The company will consolidate its existing offices at Salt Lake Center International Center and Utah County into the new campus. The Class A office campus, which was originally designed for Pluralsight, offers new furniture, fixtures, conference facilities, a cafeteria and fitness facilities. In 2022, Utah-based Clarke Capital Partners partnered with Sitel Group to drive the growth of Clearlink as a platform that empowers customers to make informed decisions around daily purchases. Brandon Fugal of Colliers represented Clearlink in the lease.
RICHMOND, VA. — Sapporo USA Inc. has signed an office/warehouse lease at Sauer Industrial Center, an industrial park located at 943 S. Airport Drive in Richmond. The beer manufacturer will occupy 149,030 square feet at the property. Cliff Porter of Porter Realty represented the landlord, Becknell Industrial, in the lease negotiations.
BLOOMINGTON, MINN. — SFM Mutual Insurance Co. has renewed its 49,490-square-foot office lease at Northland Center in the Minneapolis suburb of Bloomington. KBS owns the two-building, 492,514-square-foot property. Amenities include a 40,000-square-foot concourse level offering public areas, 5,000-square-foot fitness center, full-service café, training and conference facilities, atrium lounge, onsite car wash and sundry shop. Bill Rothstein of Cushman & Wakefield represented KBS in the lease. KBS recently completed a $1 million renovation of Northland Center.
GLEN CARBON, ILL. — Strieker Law Firm LLC has signed a 1,582-square-foot office lease at 100 Magnolia Drive in Glen Carbon, about 14 miles northeast of St. Louis. Shiloh, Ill.-based brokerage Barber Murphy represented both the tenant and the landlord, SZO Properties LLC.
NEW YORK CITY — Law firm Pollack, Pollack, Isaac & DeCicco has signed a 16,375-square-foot office lease at 250 Broadway in Lower Manhattan. The 648,000-square-foot building recently underwent a lobby remodel and expansion. Anne Holker, Charles Borrok, Jonathan Fales, Frank Cento, Jonathan Fein and Michelle Mean of Cushman & Wakefield represented the landlord, AmTrust RE, in the lease negotiations. Eric Zemachson of Newmark represented the tenant.