Daniels, Lawrence and Tisbert of Colliers represent Transwestern in 5 leases

April 07, 2011 - Front Section

Brickstone Square - Andover, MA

Matthew Daniels, Colliers International

Colliers International's North Suburban team of Matthew Daniels, Christopher Lawrence and Brian Tisbert recently represented Transwestern Investment Company in five leasing transactions totaling 157,323 s/f at Brickstone Square.
"Brickstone continues to attract new tenants as well as retain existing," said Daniels. "Transwestern's excellent economic package has afforded our team the ability to identify terms that work for tenants in this marketplace."

Completed transactions brought two new tenants to Brickstone. SiGe Semiconductor, Inc. executed a new lease for 12,150 s/f, and Mediamate signed a new 3,684 s/f lease.
Three tenants renewed at the business park. Renewals included an expansion by TASC, Inc. for a total of 47,605 s/f. UniCare Life and Health Insurance Company, a subsidiary of WellPoint, Inc., recommitted for 57,649 s/f. RDK Engineers renewed its lease for 35,235 s/f.
Specifics of the lease transactions were not disclosed.
Mediamate was represented by Neil Schneider of McCall & Almy, Inc. SiGe Semiconductor was represented by Joe Doyle of CresaPartners. TASC was represented by Mark Reardon of CB Richard Ellis - N.E. Partners, LP. David Gordon of Studley, Inc. in Los Angeles, California represented Unicare. RDK Engineers was represented by Michael Dalton of FHO Partners.
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.
About Transwestern Investment Company
Founded in 1996, Chicago-based Transwestern Investment Company is a principal investment firm specializing in commercial real estate. The firm has invested in over 390 properties totaling $7.3 billion throughout the United States through its sponsored investment fund vehicles. The current equity portfolio includes 67 office, 9 industrial and 8 retail properties totaling 21.3 million square feet, as well as 10 multifamily assets with 4,800 units. Additionally, in the mezzanine investment area, Transwestern has made 65 loans totaling over $630 million in investments with 42 realizations to date. The firm's mezzanine investing is currently being done through Transwestern Mezzanine Realty Partners II, a $300 million institutional fund.
About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 15,000 professionals operating out of more than 480 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.

Colliers International's Boston office has been providing its clients with innovative real estate solutions for over 130 years. In addition to its full platform of integrated services, it is one of 21 owner/members of Strategic Alliance Mortgage (SAM). SAM's goal is to combine local entrepreneurial expertise with a nationwide network to deliver the very best capital markets execution and alternatives to its clients.
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