Regus Business Centers, a global provider of serviced and virtual office spaces, has signed a long-term lease for 15,638 square feet of office space at Westchester”™s Ridge Hill”™s 73 Market St., also known as 1 Ridge Hill, in Yonkers.
The deal was announced by brokers in the Stamford office of Colliers International, which represents Ridge Hill”™s owner, Forest City Ratner Cos.
A 250,000-square-foot, Class A building, 73 Market St. has Westmed Medical Group as its anchor tenant. Regus will build out space on the third floor, which Colliers is leasing as multi-tenanted space with offices of 5,000 square feet or more. Colliers brokers said several other tenants are negotiating for some of the 60,000 square feet of available space in the building.
Ali Esmaeilzadeh, vice president of commercial development and leasing for Forest City Ratner, in a press release said the flexible workspaces provided by Regus Business Centers ”“ including co-working, collaboration and meeting spaces ”“ “add yet another level to the wide range of services offered at Ridge Hill.” The 81-acre shopping center development includes 1.3 million square feet of retail, offices and entertainment space and 162 residential units. The hilltop center beside the Thruway in Yonkers has 60 stores and restaurants.
“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, in a press release. “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.”
CBRE represented Regus Business Centers in the lease deal. Ridge Hill”™s landlord is exclusively represented by a Colliers International team of Al Gutierrez, executive managing director; Ian Ceppos, senior managing director; Stephanie Coleman, director; and Cameron Paktinat, associate.