Walpole, MA NAI Hunneman completed a 26,330 s/f lease transaction at Walpole Park South (Building 8) with Reliable Sprinkler. The deal with one of the world’s largest producers of automatic fire sprinklers and sprinkler system control equipment brings the overall vacancy within the 597,027 s/f park to less than 4%
NAI Hunneman executive vice president Cathy Minnerly and vice president Ovar Osvold represented the landlord JD Murphy Real Estate, while the tenant was represented by Ed Jarosz of JLL.
“Walpole Park South’s direct frontage on Rte. 1 with convenient access to I-95 & 495 is the perfect location for Reliable Sprinkler which will use the space as a satellite distribution facility,” said Minnerly.
Located along U.S. Rte. 1, Walpole Park South is a first-class 597,027 s/f park comprised of eight office/warehouse and flex buildings. Constructed in 2012, Building 8 is the newest building within the park and totals 116,463 s/f of office and warehouse space with 24’ clear height, ESFR sprinklers, and substantial tailboard and drive-in loading.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
