
Billerica, MA R.W. Holmes brokered two industrial leases, totaling 66,100 s/f. Source Pak, a custom packaging solutions firm that has seen tremendous growth in recent years, renewed and expanded into 54,000 s/f of space at 19 Alexander Rd.
Tom Aitken of Avison Young represented International Freight Forwarding Yusen Logistics, a leading global provider of international freight forwarding, contract logistics, and supply chain solutions company, in the 11,600 s/f lease of space in the same building.
Craig Johnston, senior vice president at R.W. Holmes, represented the landlord, Antico Development, in both transactions.
Built in 1988, 19 Alexander Rd. is a 76,827 s/f industrial/warehouse building.
“The building is centrally located between Rte. 495 and 128 with good access to Rte. 3 and I-93,” said Johnston. “It’s great to see both companies growing and expanding in the area.”
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and