News: Owners Developers & Managers

Frisoli, Morgan, Martel and Davis of Campanelli represent Pharmalogics Recruiting 13,659 s/f lease - Lynch of Jones Lang Lasalle represents tenant

2 Heritage Drive - Quincy, MA 2 Heritage Drive - Quincy, MA

North Quincy, MA Campanelli, a full-service commercial real estate development, acquisition and construction management company, has signed a three-year lease extension with Pharmalogics Recruiting at Heritage Two. Pharmalogics will expand from their current 8,463 s/f 4th floor suite to include an additional 5,196 s/f. In collaboration with Peter Brown, director of leasing at Campanelli, the suburban team of Mike Frisoli and Matt Morgan, with downtown brokers Dave Martel and Molly Davis, serve as the exclusive leasing agents for the property. The tenant was represented by Jones Lang Lasalle vice president Sean Lynch.

Heritage Two has enjoyed continued leasing momentum over the past several months, with the Massachusetts Teacher’s Association (MTA) moving into their new 46,000 s/f suite on the 8th and 9th floors next month. WorldStrides, an international student travel organization, moved into their new space at Heritage Two in September. Heritage Two has increased its occupancy by 70% over the past 24 months. Recently, Propel Marketing expanded its space at Heritage Point by nearly 38%.

Located directly off I-93 and Rte. 3A, Heritage Landing is a class A waterfront campus consisting of three office buildings totaling 518,882 s/f.

The buildings are only seven miles from downtown Boston and are directly accessible via the MBTA Red Line “T”. Campanelli has officially unveiled their multi-million dollar renovations at both Heritage Two and Heritage Point. At Heritage Two, the brand-new amenity complex includes a sleek new entrance, modern lobby, a full-service café featuring downtown eatery Sebastians, high-end fitness facilities and a modern conference center. At Heritage Point, newly expanded café, conference, fitness facilities and completely redesigned lobby welcome tenants and visitors. The café at Heritage Two also features the first-ever Micro-Mart in a multi-tenant suburban building which offers snacks, drinks and sandwiches that can be accessed via a tenant’s FOB 24/7 with an automated pay station, created to cater to the young, innovative companies in the building that work off-hours. Currently, lobby renovations are underway at Heritage One, which will be the new home of State Street Bank in Fall 2015.

Pharmalogics, a rapidly-rising bio-pharmaceutical recruiting company, was recently listed on 2015’s Inc 5000 list fastest-growing private companies. This is Pharmalogics’ second year in a row on the list; CEO and founder Megan Driscoll was heralded in 2014 as being one of the few female CEOs to make the cut. In a Boston Globe article, Driscoll credits the attractive and abundant “perks and amenities” of Pharmalogics’ Quincy headquarters with helping to “attract and retain” her growing list of employees.

Established in 1947, Campanelli is a third generation, full-service commercial real estate development and acquisition company with extensive experience in the industrial, office, medical office, warehouse/distribution, retail, educational and cold storage markets. Campanelli began building homes during WWII and transitioned from residential to commercial real estate in the 1960’s. The team, known for their seamless ability to work with their clients and act as the “real estate division” of a company, has developed 11 business parks in Massachusetts, over 20 million square feet across the nation and provided international development consulting and site selection services. The company’s signature capabilities include land development, design and build, redevelopment and value-added acquisitions. It is Campanelli’s all-encompassing and quality services that have led to its successful track record as a highly-regarded developer; from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction and facilities and property management.

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