Jumbo Capital Management, a privately held commercial real estate investment firm, purchased 1900 Crown Colony Dr., and completed the following three leasing transactions totaling 23,898 s/f:
* Strategic Products & Services, LLC, a multi-vendor System Integrator for Unified Communication (UC) and Collaboration solutions, represented by Peter Whoriskey of Cushman & Wakefield will relocate to 5,950 s/f on the fourth floor at 1900 Crown Colony in August from Two Adams Place, Braintree.
* Environmental Partners Group, a visible consulting engineering firm and current tenant in the building, was represented by Bob Conrad of The Conrad Group. They are renewing as well as expanding their footprint to 14,866 s/f on the fourth floor.
* Auldey Toys of North America, an innovative Chinese toy company, represented by Sean Teague and George O'Connor of Cassidy Turley, is establishing a new presence in the market by leasing 3,082 s/f on the third floor beginning this month.
The transactions were finalized in collaboration with Jumbo Capital Management's Jay Hirsh, managing partner and founder, Jordan Berns, director of leasing, and the Colliers International team of Jim Elcock, Dave Goodhue, Caleb Hudak and Dan Hines serving as the exclusive leasing agent for the property.
"We are excited about the opportunity to reintroduce this building to the market. Prior ownership did an excellent job maintaining the building. We believe the location and quality construction will allow us to succeed in the marketplace. We can accommodate tenants ranging in size from 1,200-20,000 s/f," said Berns.
Located in the Crown Colony Park at the intersection of I-93 and Rtes. 128 and 3, 1900 Crown Colony is a 135,800 s/f class A office building. The property features a café, parking, and lobbies. Recent capital improvements made by Jumbo have helped to increase the buildings already stellar reputation in the market. The property's remaining vacancy is 42,831 s/f with suites over four floors including 1,165 s/f on the first floor, 9,406 s/f on the second floor, 20,983 s/f on the third floor, and 8,195 s/f on the fourth floor.
Immediate highway access via exit ramps in the park and complementary shuttle services to the Quincy Adams MBTA station and commuter rail make Crown Colony an ideal location for commuters. Additional Crown Colony Park amenities include the Boston Marriott Quincy hotel and restaurant, as well as a Bright Horizons daycare facility. Corporate tenants include State Street Bank, Harvard Pilgrim Healthcare, Arbella Insurance Company and Boston Financial Data Services.