News: Owners Developers & Managers

CB Richard Ellis holds topping off ceremony at 10 Corporate Drive

CB Richard Ellis held a topping-off ceremony for 10 Corporate Dr., a three-story, 107,000 s/f office building owned by Multi-Employer Property Trust (MEPT). The class A building, which is slated for completion in mid 2009, will seek LEED-Silver certification and offers average floor plates of 35,000 s/f and build-to-suit tenant opportunities. CB Richard Ellis will serve as the property's exclusive leasing agent and property manager. "We're happy to celebrate this significant milestone," said Kerry Olson, vice president at CB Richard Ellis. "10 Corporate Dr. is one of the region's first speculative LEED-certified buildings and we're pleased to help meet the important need for energy efficiency." 10 Corporate Dr. features LEED-registered construction to reduce operating costs, maximize energy efficiency and improve access to natural light, ultimately creating a healthier, more productive working environment. The building also offers expansion potential in an adjacent site fully permitted for the construction of an additional 120,000 s/f office facility. 10 Corporate Dr. sits in the Burlington Centre Office Park, a 78-acre, 600,000 s/f class A campus at the junction of Rtes. 128 and 3A. Also owned by MEPT, the park offers on-site food services, fitness, parking and 24-hour security.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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