Brady Sullivan Properties completed a retail/warehouse transaction with Manchester based Tiny Totland. The company has signed a long term lease at the Waumbec Mill, 250 Commercial St., for 40,000 s/f for its retail and warehouse location.
This transactions brought the five-story buildings vacancy rate to less than 5% according to Charles Panasis director of commercial real estate for Brady Sullivan Properties.
The 450,000 s/f Waumbec Mill had major renovations over the last year and a half that included all common areas and entrances to the mill complex located along the Merrimac River. The mill features two tailboard loading docks, 250 parking spaces, 1 passenger elevator, 1 freight elevator, newly sand blasted floors and ceilings, exposed brick & beam and original wood flooring.
"We are very pleased to have a company such as Tiny Totland stay in the Manchester area for many years to come," said Panasis.