LOS ANGELES — Luxury real estate platform Compass has opened its new Los Angeles headquarters in Beverly Hills. The firm now occupies the fourth floor at 9454 Wilshire Blvd., a 12-story office building on the corner of Wilshire Boulevard and Beverly Drive. The space is situated within the Golden Triangle. The move more than doubles the firm’s footprint in Beverly Hills.
MARLBOROUGH, MASS. — Colliers International has arranged $87 million in refinancing for the research and development facility located at 200 Forest St. in Marlborough. The borrower was Atlantic Management Corp. The recently rehabbed 542,000-square-foot facility is occupied by Quest Diagnostics and GE Healthcare. Atlantic Management redeveloped the facility, which was formerly part of the Hewlett Packard campus. Thomas Welch and John Poole of Colliers arranged the financing with Benefit Street Partners.
NEW ROCHELLE, NEW YORK — Megalith Capital Management, in partnership with East & Hudson Real Estate, has acquired The Printhouse, a planned luxury rental development at 174 Huguenot St. in New Rochelle. The six-story, 68,000-square-foot property will feature 71 residential units, in a mix of studio, one- and two-bedroom layouts, 3,000 square feet of ground-level commercial space, with units ranging in size from 500 square feet to 1,150 square feet. The property is slated for completion in 2017.
BOSTON — Colliers International has arranged the sale of an office building located at 95 Berkeley St. in Boston’s South End. CIM Group and Center Court Mass have acquired the 114,000-square-foot property from The Community Builders. The asset sold for an undisclosed sum. Doug Jacoby, Scott Dragos, Tony Hayes, Tim Muhall and Lyndsey Hmura of Colliers represented the sellers in the transactions.
NEW YORK CITY — SKW Funding has closed a $12 million first lien mortgage loan for the refinance and cross-collateralization of two Manhattan properties. Located between Houston and East First streets in East Village, the first site is a predominantly vacant land site that contains the foundation from a prior structure that was demolished in 2000. The second asset is located between Third and Second avenues in East Harlem. Daniel Wrublin and Menelik Tefera of SKW Funding arranged the financing for the undisclosed borrower.
NEW YORK CITY — Certes Partners has acquired a retail condominium, located at 127 Madison Ave. in Manhattan’s NoMad district. The 1,272-square-foot condominium, which features a 500-square-foot basement, sold for $2.8 million. Situated between 30th and 31st streets, the retail condo is on the ground floor of M127, a 13-story luxury condominium. The building was designed by Shop Architects and originally built in 1920. Anand Melwani of ARM Real Estate Group represented the buyer and the seller, Huang Long LLC, in the transaction.
RICHARDSON, TEXAS — Pei Wei, a fast casual restaurant with an Asian-inspired menu, will open its second location in Richardson on March 28. Pei Wei is now hiring and plans to have a staff of 50 employees. The new Pei Wei location will be located at 1425 E. Renner Road, Suite 610, and will be open from 11 a.m. to 9 p.m. Sunday through Thursday and 11 a.m. to 11 p.m. Friday and Saturday.
THE COLONY, TEXAS — Crescent Hotels & Resorts will manage a new Courtyard by Marriott hotel scheduled to open this spring in The Colony. Crescent Hotels & Resorts manages over 100 hotels and resorts in the U.S. and Canada. Jackson-Shaw is the developer of the 100-acre, master-planned development The Cascades at the Colony, which encompasses the hotel campus. The Courtyard will include 128 guest rooms, three meeting areas, a new restaurant with a full bar, a garden with a water feature and fire pit and a trail system.
PASADENA, TEXAS — Marcus & Millichap has arranged the sale of Skylark Townhome Estates, a 16-unit apartment property located in Pasadena. Juan Cuevas and Lucas Fertitta of Marcus & Millichap’s Houston office marketed the property on behalf of the seller, a limited liability company. Steven Carrell of the firm’s Houston office secured and represented the buyer, a limited liability company. Skylark Townhome Estates is located at 1017 Skylark Road in Pasadena.
DALLAS — Greysteel has negotiated the sale of Walker Place, a 67-unit multifamily community in Dallas. Greysteel’s Boyan Radic, Doug Banerjee, Andrew Mueller and Ryan Hill served as advisor and agent to 12 Walker MGMT LLC in the sale to Walker Place Apartments LLC. Built in 1987, Walker Place features 17 efficiency units, 45 one-bedroom/ one-bathroom units and five two-bedroom/two-bathroom units. Community amenities include private fenced patios, in-unit washer and dryer connections, ceiling fans and an on-site laundry facility. The property is located along Highway Loop 12 giving access to major Dallas/Fort Worth thoroughfares such as SH-67 and SH-12.