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NEW YORK CITY-In separate transactions, Synergy Fitness inks a long-term lease for a new 9,200-sf gym on West 14th St. and North Face opens its first Manhattan store in 8,000 sf on the Upper West Side.
NEWPORT BEACH, CA-The board of Health Care Property Investors elects James F. Flaherty III as president and CEO. He replaces Kenneth B. Roath, who remains board chairman in a succession plan adopted last year.
LEXINGTON, MA-IntegraMed America Inc. leases 24,530 sf of office space at One Forbes Rd. The company, which offers products and services to within the infertility industry, will occupy the entire two-story building after renovations are done.
SAN DIEGO-Ohio-based investor Square Foot XIV acquires the building, which stands at 17170 Bernardo Center Dr., occupied by 24 Hour Fitness. 24 Hour Fitness is a long-term tenant here, having inked a 20-year lease here in 1992.
ESCONDIDO, CA-New Urban West Inc. acquires the property, which is located at Old Ranch and Rockwood Roads. The buyer plans to develop an 80-unit, gated residential community on the site.
HOUSTON-Interceramic, a tile manufacturer and distributor, stamps a 10-year lease in the northwest corridor to gain an extra 22,673 sf in a relocation from within the submarket. Finish-out has started; move-in is planned for September.
GREENWOOD VILLAGE, CO-In his second attempt in seven years, legendary financier Sam Zell has made an offer to buy Chateau Communities, the largest owner of manufactured housing communities in the country. Manufactured Home Communities would pay $1.82 billion in cash for the properties and would forego normal due diligence procedures to expedite the closing.
MARLBOROUGH, MA-Berwind Property Group Ltd. signs a Boston-based investment firm to a long-term lease for 28,909 sf of space at The Campus at Marlborough, the former 3COM Campus.
EAST NORRITON, PA-A new 37,200-sf L.A. Fitness facility anchors Swede Square Shopping Center at the intersection of Germantown Pike and Swede Road here near State College, PA. The Port Washington, NY-based REIT pays $79.20 per sf for the 101,000-sf property.