News: Owners Developers & Managers

Bekarian, Sparkes, Thompson and Spring of Jones Lang LaSalle arrange 45,000 s/f lease

According to Nordblom Company, Dyax Corp. will be opening their new corporate headquarters at Network Drive at Northwest Park in January 2012. They have leased 45,000 s/f on the third floor of 55 Network Dr. for ten years. Senior vice president Peter Bekarian and assistant vice president Bryan Sparkes of Jones Lang LaSalle (JLL) represented Dyax while JLL managing director Tamie Thompson and vice president Tyler Spring represented Nordblom Co. in the transaction. Ogden Hunnewell and Adele Olivier managed the deal from the ownership. Dyax will move from 300 Technology Sq. in Cambridge to create this new corporate headquarters. "We are excited to have Burlington's first biopharmaceutical company choose Network Drive at Northwest Park as their new corporate headquarters. Burlington offers companies like Dyax a more value-driven option. Dyax also recognized the importance of the many campus and town amenities, as well as the flexibility that the buildings allow to combine office and laboratory use." said Hunnewell, executive vice president and partner of Nordblom Co.
MORE FROM Owners Developers & Managers

BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains