News: Owners Developers & Managers

Colliers Meredith & Grew completes two leases totaling 8,419 s/f in Mass.

Start-up DynamicOps, a venture-funded spinout of Credit Suisse, has executed a new 3,281 s/f office sublease for its headquarters at 20 Burlington Mall Rd. The Colliers Meredith & Grew team of John Carroll, Elias Demakes and John Dolan represented DynamicOps working directly with the sublandlord, First American Title Insurance. Owned by Boston Properties, Inc., 20 Burlington Mall Rd. is a four-story, 100,000 s/f building featuring a lobby with a spiral stairway connecting to all levels, a cafeteria and conference center.  The property is at the intersection of Rtes. 128 and 3A and has highway access to Rtes. 3 and 93. There are also amenities nearby, including restaurants, shopping centers, banking, and public transportation. "Colliers Meredith & Grew is happy to have helped start-up DynamicOps find its first home," said Carroll.  "The flexible sublease satisfies its immediate needs and will accommodate future growth, while the strategic location will help attract employees." Koko Fitness, Inc., a developer of interactive software and hardware for the fitness and wellness industry, has executed a new 5,138 s/f office lease to relocate its headquarters from 136 Longwater Dr. in Norwell to 300 Ledgewood Place in Rockland. The move is planned for this month. The Colliers Meredith & Grew team of executive vice president James Elcock and assistant vice president David Goodhue represented the landlord, F.P. Giglio Enterprises. Koko Fitness was represented by partner Thomas Kent of DTZ FHO Partners.    Built in 2007, 300 Ledgewood Place consists of 39,000 s/f of first-class office space.  This three-story, multi-tenant building, located within the campus setting of Ledgewood Office Park, provides office suites ranging in size from 1,500 s/f to 8,000 s/f.  Building amenities include a two-story atrium, on-site ownership and management, parking, public transportation.
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Heritage Properties celebrates preleasing of The Emery in Lowell

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