Bellingham, MA Newmark Knight Frank (NKF) has completed two new leases to 7-Eleven and S-L Distribution Company, LLC totaling 127,500 s/f at Building 1 of the Campanelli Business Park, located at 353 Maple St.
NKF executive managing directors Rick Schuhwerk, Ed Jarosz and Tony Coskren, along with managing director Brian Pinch and associate Lizzie Kusbit, represented the property owners, Campanelli and Clarion Partners, in the lease negotiations, bringing the building to full occupancy.
Situated in the Campanelli Business Park, Building 1 is a 127,500 s/f class A industrial warehouse. Delivered in October 2018, the property features tilt-up construction with 32’ clear heights, 26 loading docks and two drive-in doors.
Relocating from Wrentham, 7-Eleven signed a 50,750 s/f lease at Building 1. NKF represented ownership as well as the tenant in this transaction, with NKF associate director Tyler McGrail and ESRP’s Brad Struck and Sharon Morrison representing 7-Eleven. “7-Eleven was in need of approximately 50,000 s/f with a facility that had as many doors as possible,” said McGrail. “The Campanelli Business Park of Bellingham was a great fit for our client due to the numerous loading docks, doors and modern features it has. Campanelli did a great job securing 7-Eleven on a tight timeline.”
S-L Distribution Co., a subsidiary of Snyder’s-Lance, Inc., leased 76,750 s/f at Building 1. Relocating from Foxboro, the firm was in a need of a new, high-bay warehouse with a minimum of ten doors in the I-495/South market. NKF represented ownership in the lease negotiations and Rob Byrne, Paul Leone and George O’Connor of Cushman & Wakefield represented S-L Distribution Co.
“We are pleased to have represented ownership in these significant lease transactions at the Campanelli Business Park of Bellingham,” said Jarosz. “Building 1 was developed specifically to provide the best-in-class specs that are in high demand of nationally based tenants. Ownership constructed a top-notch building, and as a result, it has quickly leased up.”