Combined Properties, Inc. recently renewed three leases totaling 26,250 s/f on Mystic Ave./Rte. 38. The renewing tenants include General Insulation, Sherwin Williams, and Sonapar/North East Electrical Distributors.
General Insulation, who has expanded its space by 2,115 s/f bringing 278 Medford St. to 100% occupancy, now occupies 6,865 s/f.
Sherwin Williams Auto Finishes, occupying 5,670 s/f at 312 Rear Mystic Ave., manufactures and distributes a complete line of advanced technology paint and coating systems for automotive and fleet refinishing industries.
Sonapar/NorthEast Electrical Distributors, occupying 13,715 s/f at 326 Mystic Ave., is a full-service electrical distributor to electrical contractors, original equipment manufacturers, industrial, utility, and institutional customers. This Medford location is one of 32 NorthEast Electrical Distributors branches throughout New England.
"The properties in our Medford portfolio appeal to tenants because they are highly visible, provide easy access to major routes including 38, 16, 28, and Interstate 93, and are so close to Boston," said John Pereira, president of Combined Properties. "General Insulation, Sherwin Williams, and NorthEast Electrical Distributors continue to operate successfully at their Mystic Ave. locations and we are proud to be maintaining our relationships with all three."
Additional spaces owned and managed by Combined Properties are available on Mystic Avenue. Well-suited for national retailers, the two contiguous suites, 5,472 square feet and 8,775 square feet, offer excellent visibility, on-site parking, and are just five minutes to downtown Boston and Cambridge. They are also close to Tufts University, MIT, Harvard, and other research universities.
Greg Regazzini, vice president and director of leasing for Combined Properties, represented the landlord in each of these transactions.
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. Combined Properties offers full-spectrum capabilities to meet its clients' individual needs. 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.