Avison Young has leased 30,995 s/f at 46 Jonspin Rd. on behalf of landlord Spinelli Commercial Properties to Limbach Company LLC.
Avison Young principal Jack Kerrigan and associate Colin Whitney represented Spinelli Commercial Properties. Cushman & Wakefield represented Limbach in the transaction.
Limbach has signed a seven-year lease and will relocate from its current Woburn location in November. The mechanical contractor's lease brings 46 Jonspin Rd. to full occupancy.
"Spinelli Commercial Properties takes a very hands-on approach to ownership, which has proved instrumental in attracting and retaining tenants at North Wilmington Business Park," said Kerrigan. "This first-rate ownership and convenient suburban location provide an ideal corporate setting for Limbach."
The 46 Jonspin Rd. site is located within North Wilmington Business Park, which provides easy access to I-93 and Rte. 125 and is situated less than six miles from both I-495 and I-95.
Tenants have access to many amenities less than three miles from the park, including multiple health clubs, major shops, diverse restaurants and the Tewksbury Country Club. Current park tenants include L3 Communications, IBC Advanced Alloys and UniFirst.
"We are pleased to welcome Limbach to North Wilmington Business Park," said Rachele DePamphilis, CEO of Spinelli Commercial Properties.
Avison Young is one of the world's fastest-growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,900 real estate professionals in 67 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.