News: Brokerage

Colliers leases 15,638 s/f for Regus Business Centers

Colliers International arranged a long-term, 15,638 s/f office lease for Regus Business Centers at Westchester's Ridge Hill's 73 Market St., also known as 1 Ridge Hill. Owned and managed by Forest City Ratner Companies (FCRC), Westchester's Ridge Hill is a mixed-use development with 1.3 million s/f. Al Gutierrez, executive managing director for Colliers International, who along with senior managing director Ian Ceppos, director Stephanie Coleman, and associate Cameron Paktinat exclusively represented the landlord. "We are pleased to welcome Regus Business Centers to Ridge Hill's 73 Market Street as we continue to expand our dynamic roster of tenants," said Ali Esmaeilzadeh, Vice President of Commercial Development and Leasing for FCRC. "The company's flexible workspaces - including coworking, collaboration, and meeting spaces - add yet another level to the wide range of services offered at Ridge Hill, and reinforce the complex's standing as a prime destination for national retail brands, major corporations, healthcare professionals, families, and visitors alike." "We look forward to expanding our operations in the Yonkers market as we strive to meet the strong and growing demand for our services in this region," said Michael Berretta, Vice President of Network Development North America for Regus Business Centers. "The state-of-the-art facility, services and amenities, and access to major highways and public transportation, makes this an ideal space to accommodate our growing customer base. We are especially pleased to be partnering with Forest City in their development at Ridge Hill. The quality we have come to expect from Forest City nationally is aligned with our direction to provide the very best in amenities and facilities to our global customers."
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