News: Owners Developers & Managers

DTZ FHO Partners expands and renews Insulet Corp.'s leases to total 63,516 s/f

DTZ FHO Partners, has signed leases to Insulet Corp. at 7 and 9 Oak Park. Insulet Corp., a medical device company, continues to grow and expand. Insulet expanded into 10,516 s/f at 7 Oak Park and renewed its lease on 53,000 s/f at 9 Oak Park. This follows on the heels of occupying a 14,000 s/f warehouse building on Progress Rd. in the fall of 2007. Insulet's headquarters will remain at 9 Oak Park, while 7 Oak Park will house a customer support group. "It is great to see a home-grown Mass. company succeed and grow here. It proves that the intellectual capital base here in Mass. is hard to beat," said Michael Dalton, partner at DTZ FHO Partners. "All three deals are key to our continuing expansion and success. DTZ FHO Partners played a critical part in all these deals," said Kevin Schmid, vice president of Manufacturing at Insulet Corp. Dalton, Brian Hines and Tom Kent, partners at DTZ FHO Partners, represented Insulet in all three transactions. Tyler Spring and Tamie Thompson of Jones Lang LaSalle represented Gale International, the property owner of 7 Oak Park. David Pergola of represented WJCC Realty Trust, property owner of 9 Oak Park.
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