New England SIORs handle $1.5 million deals during summer of 2009

September 10, 2009 - Spotlights

Rob Nahigian, Auburndale Realty Co.

Jim Boudrot, NAI Hunneman

Garry Holmes, RW Holmes

Mike Giuttari, MG Commercial Real Estate

Tom Moulton, NAI Dunham Group

The New England SIOR Chapter members during the spring and summer of 2009 completed a number of major advisory and transactional assignments. Corporate America and regional corporations indicated the SIORs are the premium brokers in the office/industrial New England real estate markets whom they entrust for expert knowledge and skills. The spring and summer of 2009 experienced approximately 1,538,713 s/f of commercial real estate valued at approximately $80,565,930 represents that trust.
* Tom Moulton, SIOR of NAI Dunham Group sold an office building at 300 Southborough Dr., S. Portland, Me. to Metro 300, LLC from Scarborough Holdings, LLC. The property contained 116,515 s/f of Class A office space.
* John Hennessey, SIOR of GVA Thompson Hennessey represented NetVersant Solutions in its recent 10,100 s/f lease at The Schrafft Center in Charlestown.
* Tony McDonald, SIOR of CBRE/Boulos represented TD Bank in its expansion to 60,000 s/f of retail space at the Auburn Mall, Auburn, Me. McDonald also assisted MaineHealth with its acquisition at 14 Sawyer Rd., Scarborough, Me.
* Drew Sigfridson, SIOR of CBRE/Boulos leased 6,500 s/f of warehouse space to NH Bragg at 17 Patrick Dr., Portland, Me. Sigfridson also leased to Stanford Management, LLC in its lease of 3,620 s/f of office space in the Nathan Winslow Block at 245 Commercial St., Portland, Me.
* Tom Farrelly, SIOR of Cushman & Wakefield sold Summit Business Center for $17 million to Chelsea Properties. The property contains 170 acres of industrial land master-planned for over one million s/f of office, R&D and light industrial development located in Merrrimack, N.H.
* Tom Dunham, SIOR of NAI Dunham Group leased 3,996 s/f on Minot Ave., Auburn, Me. to Weatherization Wizards.
* John McKinley, SIOR of Kelleher & Sadowsky sold 45 Sword St., Auburn for $650,000. The property contains 11,890 s/f of warehouse space and was sold to the House of Spices.
* Neil Amper, SIOR and Tom Sweeney, SIOR of Rodman RE leased 5,586 s/f of office space to Lincoln Appraisal & Settlement Services at 1057 Mineral Spring Ave., N. Providence, R.I. Amper also sold a 36,000 s/f industrial building located at 15 Oak St., Smithfield, R.I. to MMW, Inc. for $500,000. The company repairs machine tools and is relocating from its Seekonk location.
* Peter Hayes, SIOR of Hayes & Sherry leased 8,895 s/f at One West Exchange St., Providence, R.I. to LIN Television Corp. Hayes also represented CoWorx Staffing Services in the 3,500 s/f office lease at Davol Square in the Jewelry District, Providence, R.I.
* Mike Giuttari, SIOR of MG Commercial RE sold the 34,000 s/f facility at 601 Park East Dr., Lincoln, R.I. for $1.75 million to LSI Retail Graphics for Tytex. Subsequently Giuttari moved Tytex into a new 2,200 s/f office at 614 George Washington Hwy., Lincoln, R.I.
* Rob Nahigian, SIOR of Auburndale Realty Co. represented Merrimack Warehouse Nominee Trust leasing 7,200 s/f of its warehouse space at 95D Fitchburg Rd., Ayer. Nahigian has completed a warehouse lease of 33,600 s/f at 95 Fitchburg Rd., Ayer to Superclean Brands.
* Garry Holmes, SIOR of RW Holmes leased 75,000 s/f of R&D/office space to APC at Forest Ridge Park, Billerica for the landlord K&L Realty. Holmes and Chip Detwiller, SIOR represented KLR in its office lease of 15,111 s/f at Watermill Center, 800 South St., Waltham. KLR is a full service accounting firm headquartered in Providence, R.I.
* Jim Boudrot, SIOR of NAI Hunneman recently leased 105,000 s/f of office space to multiple tenants in the Greater Boston suburbs. Recent leases include: Broad Institute for 17,000 s/f in Cambridge; Visiting Nurses Association for 30,000 s/f in Lawrence; Intrinsic Therapeutics for 21,300 s/f in Woburn; and Buyer Advertising for 12,200 s/f in Newton. Other leases included Onset Technologies in Waltham, Odyssey Systems in Wakefield and Burlington, and Context Vision in Newton.
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