News: Owners Developers & Managers

Frisoli and Whoriskey of Newmark Grubb Knight Frank complete 70,000 s/f in seven leases

2300 Crown Colony Drive - Quincy, MA

Quincy, MA According to Newmark Grubb Knight Frank (NGKF), Mike Frisoli, executive managing director, and Pete Whoriskey, managing director, completed seven new lease extensions totaling over 70,000 s/f on behalf of Grander Capital Partners (GCP) at 300 & 2300 Crown Colony Dr.

Michael Frisoli, NGKF Michael Frisoli, NGKF

At 300 Crown Colony Dr., Clifton Larson Allen was the first tenant to renew, which created a trickledown effect as one of the largest law firms in Massachusetts, Murphy, Hesse, Toomey & Lehane, LLP followed suit. Another law firm Baker, Braverman & Barbadoro, P.C, expanded and extended their existing lease along with Forsythe, who is one of the largest independent IT integrators in North America.

GCP recently purchased 2300 Crown Colony Dr. in March, which has paid off instantly with the long term renewal of anchor tenant Work ‘N Gear, one of the largest U.S. retailers in work apparel, as well as the expansion/renewal of South Shore Plastic Surgery and Boston IVF.

Peter Whoriskey, NGKF Peter Whoriskey, NGKF

Both part of Crown Colony Office Park, 300 Crown Colony Dr. is a five-story, 116,652 s/f office building. situated in the center of the office park. The property features a five-story atrium with arched skylights and oak, granite and marble finishes, a cafeteria as well as a shuttle bus service.

2300 Crown Colony Dr. is a three-story, 45,596 s/f office building. Both properties also have access to the office park’s amenities, which include a day-care center, ATM machine as well as a full-service Marriott hotel located within the park.

“After acquiring these two assets, we made it our top priority to retain the tenants in the buildings, as they’ve been such an integral part of the success there, and to keep those relationships going for the foreseeable future,” said Ted Norberg, founding partner at GCP. “We couldn’t have done that without the assistance and guidance from our leasing team at NGKF.”

“With such a strong retention rate of the tenants, it really speaks volumes to the quality of the assets that GCP has in the marketplace and we’re all excited about keeping the momentum going at both buildings,” said Whoriskey.

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