News: Spotlight Content

Development Associates completes 14,500 s/f expansion project for Qteros at Westover Business Center

Development Associates completed Qteros' new home at the Westover Business Center at 150 Padgette St. Qteros is an industry leader in innovative biofuels and microbiology technology based in Marlborough. The 14,500 s/f expansion location will increase the research and testing of its platform for creating enthanol from micro-organisims. The Qteros project is part of the 72,000 s/f industrial facility at the Westover Business Park and is located across from the Westover Metropolitan Airport. National Seating & Mobility, Inc. has signed a lease to relocate its operations to the new Westover Business Center. As of July 29, National Seating & Mobility will occupy 8,000 s/f of space. The unit is custom designed and currently under construction by Development Associates of MA on behalf of the owner. National Seating & Mobility, Inc. is a nationwide firm which provides customized wheelchairs and adaptive seating systems for individuals who have been diagnosed as having a permanent or long term loss of mobility due to trauma, physical abnormality, structural defect or disease. Kevin Jennings of Jennings Real Estate represented the tenant and Development Associates represented the owner in this transaction. AT&T has joined Westover Business Center. AT&T will operate an emergency service center for the western Mass. region out of the new 4,000 s/f location. Seahorse Bioscience, a leading analytical instruments, biomanufacturing systems and consumable labware products firm, is currently expanding is operations at its 300 Griffith Rd., Chicopee location. The 5,664 s/f expansion will benefit its engineering, laborabory and assembly areas with an expected completion time frame of August 1. This brings Seahorse Bioscience's operaton to a total of 30,000 s/f in the 42,270 s/f facility. The buildout is being conducted by Development Associates which also represents the owner as managing agent. AspenCross Financial Group has formally taken possession of its new unit as Agawam Crossing, 200 Silver St., Agawam. Development Associates of Agawam completed the 2,650 s/f custom buildout on behalf of the landlord. AspenCross Financial Group is a member of the John Hancock Financial Network providing financial services to the general public with 13 locations throughout New England. The Agawam Crossing location is its first in western Mass. The tenant was represented by Liam Reynolds of Samuel D. Plotkin & Associates and Development Associates represented the owner.
MORE FROM Spotlight Content

Check out the New England Real Estate Journal's 2025 Fall Preview Spotlight

NEREJ’s Fall Preview is Out Now!
Explore our Fall Preview Spotlight, featuring exclusive Q&As with leading commercial real estate professionals and in-depth byline articles on today’s most relevant market topics. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape this fall.  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

Internal Revenue Code (IRC) Section 1031 provides “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held
30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

On March 24, 2025, a dream more than three decades in the making became a reality with the launch of the Massachusetts Bay Transportation Authority’s (MBTA) South Coast Rail commuter service. This milestone marks the completion of a project that overcame numerous starts and stops, including changes in leadership
Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but