News: Owners Developers & Managers

Daniels and Lawrence of CMG represent Tranwestern in 8 leases

Senior vice president Matthew Daniels and assistant vice president Christopher Lawrence of Colliers Meredith & Grew (CMG) have represented landlord, Transwestern Investment Co., in eight leases totaling 108,147 s/f at Brickstone Sq. Unicare renewed its 57,649 s/f lease and was represented by vice president Flory McCarthy of Jones Lang LaSalle. Devine, Millimet & Branch expanded by 4,151 s/f and now occupies 17,496 s/f. Helium, Inc. expanded by 4,411 s/f and moved to a new 9,182 s/f location in the park. Constitution Capital executed a new lease for 7,340 s/f and was represented by vice president Gian Starita of Lincoln Property Co. Capsule Technologie signed a new lease for 5,592 s/f and was represented by managing director Mark Cote of T3 Realty Advisors, LLC. Spirit Foodservice Products, Inc. renewed its 4,555 s/f lease. Standard Capital Corp. executed a new 3,873 s/f lease. OneVision Software AG renewed its 2,460 s/f lease. "In addition to these transactions, we've seen substantial activity at the park from existing tenants, but more importantly, from active prospects touring in the market," said Daniels. "Transwestern continues to show its commitment to Brickstone Square by providing a true, Class A environment along Route 495. It recently completed a $4 million capital improvement campaign to enhance common areas, build-out full floors on a speculative basis and upgrade signage to the park." "We feel we have a competitive advantage in the market due to Brickstone's ability to provide tenants with flexibility in their growth plans, immediate access to Routes 495 and 93 and an outstanding amenity package," added Lawrence. Brickstone Square is a signature suburban business center with three first-class office and R&D buildings, totaling approximately one million square feet, in an attractive campus setting. Amenities include a 3,000+ space parking facility, a 564-seat cafeteria, a fitness center, a Bright Horizons Family Solutions day care, 24/7 security, volleyball courts and on-site property management. Located near the Route 495 and 125 interchange in Andover, Massachusetts, Brickstone Square is easily accessible from Routes 114, 133 and 125. Its buildings are within minutes of Andover's MBTA Commuter Rail Station and Andover Center.
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