 (1).png)
News:
Owners Developers & Managers
Posted: November 3, 2023
Holmes and Blackey of R.W. Holmes lease
5,600 s/f to BrightSpec
Waltham, MA R.W. Holmes Commercial Real Estate has reached full occupancy at 1466 Main St.
BrightSpec, a life science tools company commercializing molecular rotational resonance spectroscopy, became the newest tenant at 1466 Main St., securing a 5,600 s/f space at the 14,514 s/f light lab use and office building.
Earlier in 2023, Quantum Diamond Technologies Inc. leased space at the property for their light lab/R&D use.
R.W. Holmes director of corporate services Elizabeth Holmes and managing director Dean Blackey represented the landlord, Legacy Squared, LLC. Mekae Hyde of Hughes Marino represented the tenant in the transaction.
“We’re thrilled to have BrightSpec as a new tenant in the building and to have assisted Legacy Squared LLC in bringing the building to 100% occupancy,” said Holmes. “We continue to see a steady demand for small-to-midsize light lab space across Greater Boston, and properties such as 1466 Main are a great case study for the opportunity to convert office to flex/R&D uses in the current market.”
R.W. Holmes is the exclusive leasing agent for the three-story building with access to I-95 and offers both garage and open parking.
MORE FROM Owners Developers & Managers
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
Quick Hits
 (1).png)
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King
Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson
As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock
A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.