Cushman & Wakefield/Hayes & Sherry completes 85,000 s/f long-term lease to Tunstall

March 07, 2013 - Rhode Island

100 Freight Street - Pawtucket, RI

Peter Hayes, Cushman & Wakefield/Hayes & Sherry

Tunstall, one of the world's leading tele-care and tele-health solutions provider, has inked a ten-year lease at 100 Freight St. With operations in more than 30 countries and employing more than 1,900 people worldwide, the 85,000 s/f facility, with some minor modifications, made perfect sense from an infrastructure, location, and a growth perspective.
As a former call center to PNC Bank/Bank of New York, the facility has redundant power, backup generator, three types of tele-data and multiple internal and external cameras which amount to significant savings for Tunstall. Other building and site features include a high parking ratio, a well constructed and maintained facility which virtually provided Tunstall with minor modifications and a move-in condition facility.
Opening in the spring, Tunstall will create over 300 new jobs by the end of 2014, engage local businesses and provide paid job training for 100% of candidates pre-selected for data call center positions. The State of Rhode Island is playing a crucial role in offering job development and training programs, which was the "tipping point" in deciding on Rhode Island versus alternative states.
Hayes & Sherry, a Cushman & Wakefield alliance member brokered the lease with Peter Hayes representing Tunstall and Jeff Finan representing the landlord, Kenwood Realty, LLC.
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