
Lancaster, MA R.W. Holmes has facilitated a new 23,390 s/f industrial lease. F&M Tool and Die, a highly experienced machine shop specializing in mold making, mold maintenance, and mold repair in central Massachusetts, has secured a lease for 851 Sterling Rd.
Representing the tenant in this transaction was Jim Bartholomew, vice president of R.W. Holmes.
In a strategic move to accommodate their expanding operations, F&M Tool and Die relocated from 25 Jytek Rd. in Leominster, Mass., to the new location. The long-term lease provides F&M with long-term space for its growing customer base.
“Despite a slight increase in vacancy rates, the Central Massachusetts industrial market remains highly competitive,” said Bartholomew. “We are delighted to have successfully identified a space of the perfect size and location for our valued client.”
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and