Newmark Knight Frank arranges 355,000 s/f full building lease for GFI Partners to Quiet Logistics

December 14, 2018 - Front Section
64 Jackson Road - Devens, MA

Devens, MA Newmark Knight Frank (NKF) has completed a 355,000 s/f lease to Quiet Logistics at 64 Jackson Rd. NKF executive managing directors Rick Schuhwerk, Ed Jarosz and Tony Coskren, along with managing director Brian Pinch and associate Lizzie Kusbit represented the property owner, GFI Partners, in the transaction. 

Built in 2000, 64 Jackson Rd. is a 355,000 s/f, class A warehouse/distribution facility on 34.89 acres. Located in Devens Commerce Center, 64 Jackson Rd. is a first-class facility featuring 26’ ceilings, full AC and humidity control, infrastructure, 28,000 AMPS and a full-service cafeteria. GFI Partners acquired 64 Jackson Rd. vacant in March.

Relocating from 184,077 s/f at 235 Barnum Rd., Quiet Logistics is a fulfillment provider specializing in innovating brands and e-commerce solutions. The rapidly growing firm sought larger space to house its workforce and signed the full-building lease at 64 Jackson Rd. NKF represented ownership in the lease negotiations while Quiet Logistics was represented by Colliers International.

“Quiet Logistics will enjoy the benefit of expanding their footprint within Devens in a state-of-the-art facility with unmatched distribution access throughout New England,” said Coskren. “The transaction is a testament to GFI’s creativity and forward thinking, having acquired the vacant facility just six months prior securing the full-building user.”

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