CresaPartners in Boston recently represented Merrill Communications LLC and Jingle Networks, Inc. in office lease expansions in Tewksbury and Bedford, respectively.
Dan Sullivan, Adam Subber, and Joe Doyle of CresaPartners represented Merrill Communications in a relocation from 15 Presidential Way in Woburn to 515 Woburn St. in Tewksbury, where the company will occupy 90,000 s/f of industrial space in the 115,000 s/f building. Merrill Communications, a subsidiary of Merrill Corporation, is a provider of document management services. It relocated in order to realize significant cost reductions and expansion capabilities.
Bruce Levine and Hunter Emerson of CB Richard Ellis represented the landlord, Equity Industrial Properties.
Chris Crooks, Dan Sullivan, and Adam Subber of CresaPartners represented Jingle Networks in an 18,021 s/f sublease at 36 Crosby Dr. in Bedford, a 77,666 s/f Class A office building. According to Sullivan, Jingle Networks, a national media network offering free directory assistance, "doubled its size and secured term flexibility as well as a very favorable rate."
Dan Kollar and Tyler Spring from Jones Lang LaSalle represented the sublandlord, IBM. The building's owner is REEEF.
CresaPartners is one of New England's largest corporate real estate advisory firms specializing in tenant representation and corporate services, including project management.