Despite a stagnant Metro West industrial market, Greater Boston Commercial Properties, Inc. (GBCP) recently completed five lease transactions totaling 29,550 s/f of industrial space at the Kane Industrial Park. Four of these leases consisted of freestanding buildings, three of which offered the unique feature of offering both tailboard loading and an overhead drive in door. Benjamin Gatti represented the landlord in all five transactions and procured the tenant directly in four of the five.
The first transaction at 14 Kane Industrial Dr. consisted of a 5,800 s/f building leased to Play It Now, an online computer game apparel and toy distributer. The second at 12 Kane Industrial Park, a 6,750 s/f freestanding building, was leased to Dogs' Learning Center, LLC, which is a dog trainer's cooperative providing canine owner with training and education.
GBCP also leased a brand new freestanding 8,800 s/f building at 11 Kane Industrial Dr. The tenant, City Electric, a national distributor, will benefit from a customized build out, tailboard loading, heavy power and a first class image. Gatti subsequently leased 2,200 s/f at 5 Kane Industrial Dr. to Veracity Construction Group, a fiber optics service provider in need of a small drive-in bay with offices.
The most recent transaction in June is at 1 Kane Industrial Dr., a free standing 6,000 s/f industrial building, where an audio-visual company from Marlborough, D2 Productions, will relocate its operations. The building is ideal for D2 in "as is" condition with built out office space, high bay warehouse, exclusive tailboard loading and drive-in, and signage and visibility on Main St.