Cushman & Wakefield completed an 8,018 s/f lease at Forbes Business Center. Cushman & Wakefield's Stephen Woelfel Jr. and Michael Frisoli, represented the tenant, Richelieu Foods. The landlord, KS Partners, was represented separately by Cushman & Wakefield's Peter Whoriskey and J.R. McDonald.
The new lease enables Richelieu Foods to relocate from its existing headquarters facility in Randolph, Mass. Comprised of four buildings totaling 224,000 s/f, Forbes Business Center is a newly renovated office facility with planned first-floor boutique retail, across from South Shore Plaza. Offering a suburban environment, the park offers highway access and visibility along Rte. 128/I-93 with shuttle bus access to the John Quincy Adams MBTA station.
Richelieu Foods is a mid-size private label and contract packaging food company. Widely known in the food and supermarket industry for its array of private label products, Richelieu is comprised of three principal business segments: Retail Frozen Pizza, Retail Dressings and Sauces, and Foodservice Dressings and Sauces.
KS Partners, LLC, a real estate investment & development company, owns and operates commercial property in the northeastern United States, with offices in New York and Massachusetts, the KS Partners' approach is to utilize the vast real estate experience of its management team in developing, operating, and maintaining properties while leveraging local knowledge and relationships to help create value in all of its investments.