Teague and O'Connor of Campanelli sign 85,000 s/f lease to Stop and Shop at Campanelli's Business Park of Middleborough

September 10, 2015 - Front Section
Campanelli, a full-service commercial real estate development and construction company, has signed an 85,000 s/f long-term lease with supermarket chain Stop and Shop at Campanelli's Business Park of Middleborough. Sean Teague, executive managing director of DTZ, and George O'Connor, associate, represented the tenant.
The newly renovated space, which includes a 72,000 s/f warehouse and a 4,700 s/f office component, was renovated from the former headquarters and warehouse of Champion, which was originally built by Campanelli Construction in 2001. Campanelli's in-house construction arm performed the interior demolition of the former Champion site and repurposed it based on Stop and Shop's current needs.
The Business Park of Middleborough is home to several major Mass.-based companies, including headquarters and warehouse for Christmas Tree Shops, NES Clothing, and Sager Electronics. A mature 200 acre business park strategically located on Rtes. 18 and 28, only one quarter of a mile from I-495, the business park is an optimal hub for distribution centers.
"Stop and Shop has come a long way since its original market opened its doors in Somerville, MA over 100 years ago," said Campanelli Construction president Jeff DeMarco. "Now with close to 400 superstores open throughout all of New England and spreading into New Jersey and New York, Stop and Shop is considered a supermarket pioneer. We are thrilled that they have chosen our business park in Middleborough for their newest warehouse and distribution center."
This is the second time DeMarco and his team has had the pleasure of working with Stop and Shop; their headquarters, located at President's Place in Quincy, was built by Campanelli Construction in the early 1980's.
Campanelli Construction is actively working on construction projects across the United States. Most recently they completed a 62,700 s/f renovation for High Point Hospital, also located in Middleborough. Other current projects include the construction and development of One Upland, a 262 unit luxury apartment community in Norwood, Mass. and a 250,000 s/f warehouse and distribution center for Victory Packaging in Bellingham, Mass.
Tags:

Comments

Add Comment