Combined Properties renews 23,634 s/f lease with Steele Canvas Basket

November 17, 2011 - Front Section

201 Williams Street - Chelsea, MA

According to Combined Properties, Inc., Steele Canvas Basket renewed its 23,634 s/f lease at 201 Williams St.
Steele Canvas Basket, established in 1921, manufactures products for both industry and the home, specializing in canvas and polyethylene baskets (bins), trucks (buggies), hampers, and canvas bags. The company has been at its 201 Williams St. since 1986 and is one of the building's major tenants.
"The property's amenities, competitive pricing, and proximity to the airport, Cambridge, and downtown Boston are key factors for many tenants," said Combined's Greg Regazzini, vice president and director of leasing. "We're proud that Steele Canvas has been with us for 25 years and that our property has supported this local company's success for the past quarter century."
Regazzini represented Combined and the tenant was represented by counsel. 201 Williams St. is part of is a 250,000 s/f industrial center owned and managed by Combined.
Conveniently located in the shadows of the Tobin Bridge, the building offers direct access to Boston/Rte. 1 and is just five minutes to Logan International Airport. The industrial complex has additional warehouse spaces available, some with generous refrigerated areas, which is a valuable asset in this food-centric area.
Combined Properties, Inc. is a full-service investment and development real estate firm specializing in first-class office, R&D, industrial, retail, medical, and multi-family residential properties in communities north of Boston. The Malden-based firm has purchased, developed, and managed more than 2.6 million square feet of space. With in-house experts in planning, permitting, development, architecture, financing, construction, leasing, and property management, our professionals work as a team to provide complete real estate solutions. To learn more about the firm's comprehensive scope of services and how it is creating better places to live and work, please visit www.combinedproperties.com.
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