Campanelli, a full-service commercial real estate development and construction company, has signed two leases totaling almost 14,000 s/f at Heritage Landing. In collaboration with Peter Brown, director of leasing at Campanelli, the Cushman & Wakefield suburban team of Mike Frisoli and Matt Morgan with downtown brokers Dave Martel and Jason Roth serve as the exclusive leasing agents for the property.
Magellan Jets, a domestic and international private jet services firm providing charter flights and private jet memberships executed a 5,000 s/f lease to relocate from Quincy Center. Their lease commences on January 1st, 2014. "Campanelli did a great job of selling their vision to us. We are excited to be the first to sign a lease in what we know will be one of the best suburban office buildings south of Boston," said Joshua Herbert, founder and CEO of Magellan Jets.
PharmaLogics Recruiting, a top recruiting firm for the bio-pharma industry executed an 8,500 s/f lease, consolidating their offices currently located in Braintree and Boston. PharmaLogics has grown from 3 to 40 employees in the past five years and added a Basel, Switzerland office location this year as well. Their lease commences in March, 2014.
"The buildings provide an incredible value alternative to downtown Boston and Cambridge. They offer an urban office environment and quality at suburban office rates, coupled with superior accessibility, the MBTA Red Line within walking distance, exceptional views of Boston and free parking," said Dan DeMarco, partner at Campanelli.
Located off I-93 and Rte. 3A, Heritage Landing is a class A office complex consisting of two buildings totaling 358,000 s/f.
Since purchasing Heritage Landing in June, Campanelli has commenced a multi-million dollar spec renovation plan that includes sleek updated entrances, a full-service café featuring downtown eatery Sebastians, a high-end fitness facility and a modern conference center. The renovations will be complete by 1Q2014.
"We have seen incredible leasing momentum in just five months. The amount of tenant interest certainly validates the North Quincy location" said Mike Frisoli, executive vice president, Cushman & Wakefield.
Established in 1947, Campanelli is a third generation, full-service commercial real estate development and acquisition company with extensive experience in the industrial, office, medical office, warehouse/distribution, retail, educational and cold storage markets. Campanelli began building homes during WWII and transitioned from residential to commercial real estate in the 1960's. The team, known for their seamless ability to work with their clients and act as the "real estate division" of a company, has developed 11 business parks in Massachusetts, over 20 million s/f across the nation and provided international development consulting and site selection services. The company's signature capabilities include land development, design and build, redevelopment and value-added acquisitions. It is Campanelli's all-encompassing and quality services that have led to its successful track record as a highly-regarded developer; from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction and facilities and property management.