News: Owners Developers & Managers

Nahigian of Auburndale Realty Co. represents DCS and The Ezra Co. in 41,515 s/f in leases

Auburndale Realty Co., Newton, Mass. has recently completed an office/lab and industrial corporate brokerage assignment representing DCS of Alexandria, VA with The Ezra Co. The lease transaction resulted in the leasing of a total of 41,515 /f in Devens and Littleton, Mass. Rob Nahigian, FRICS,SIOR,CRE,MCR assisted The Ezra Co, who represents DCS Corp. nationally, in its lease of 27,215 s/f at 295 Foster St., Littleton, Mass. and 14,300 s/f at 67 Buena Vista St., Devens. DCS is a privately held company with over 1000 employees with multiple locations nationally including Alabama, Calif., Fla., Maryland, Virginia, Ohio, Michigan, N.H. and Mass. They provide technology and program management solutions to the Federal Government and will use the facilities to support the U.S. Army's Tank and Automotive Command and Tank and Automotive Research and Engineering Center. The customers include U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corp and U.S. Coast Guard. The landlord for 67 Buena Vista is Aspect Realty and the building broker was O'Brien Commercial. DCS is the sole tenant in this facility that is situated in the Devens Park. The listing broker for 295 Foster St. was Parsons Commercial and the landlord is Ferris Development. DCS is the first tenant to commit to the 295 Foster St. project that was acquired last fall by Ferris Development of Westborough, Mass. The first class office/R&D building totals 96,515 s/f and DCS has committed to 28% of the building located in Boston's hi-tech northwest corridor at the intersection of Rte. 2 and Rte. 495. Nahigian has been working with The Ezra Co. and DCS to combine its five Mass. locations that are spread out between Waltham and Devens. This relocation allows the company to operate within closer perimeters of each other and allows for more efficient operations. The search had spanned over 1.5 years before the commitment to the two locations.
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