Posted: September 11, 2008
New England SIORs handle 142,196 s/f during mid-summer
The New England SIOR Chapter members during the mid-summer of 2008 completed a number of major advisory and transactional assignments. Corporate America and regional tenants indicated the SIORs are the premium brokers in the commercial/industrial New England real estate markets whom they entrust for expert knowledge and skills. The mid-summer of 2008 experienced approximately 142,196 s/f of commercial real estate valued at approximately $16,887,280.
* John Hennessey, SIOR of GVA Williams represented RF Walsh Project Management, Inc. in its recent 20,104 s/f lease at 51 Sleeper St., Boston. RF Walsh is scheduled to relocate in October from its previous space at 280 Summer St.
* Jim Elcock, SIOR of Colliers M&G represented the Archdiocese of Boston as the landlord in its lease of 27,000 s/f to Browne & Nichols for administrative and classroom space at 40 Belmont St., Watertown.
* Wayne Spiegel, SIOR sold fully leased industrial condo units known as 21-27 Gainsborough Industrial Park Condominium, 104 Otis St., Northboro for $1.575 million. The condominium units are leased to J&L Windows, d/b/a Renewal By Andersen and Professional Technologies International, Inc. The seller was Pamjam Realty and the buyer is Vector Northboro Commercial and Apogee Realty of Northboro, LLC.
* Garry Holmes, SIOR of RW Holmes Realty represented the seller Northland Investment in its sale of 33 Locke Dr., Marlboro for $7.15 million. The office and laboratory building is 60,477 s/f in size and purchased by Janelon Trust.
* Jim Boudrot, SIOR of NAI Hunneman leased 11,602 s/f of office space at 130 New Boston St., Woburn to Genesys Conferencing, a global corporate web conferencing service provider.
* John McKinley, SIOR of Kelleher & Sadowsky brokered the sale of both 1470 and 1480 John Fitch Hwy., Fitchburg. The building located at 1470 is a vacant 3,679 s/f and the building located at 1480 is 8,084 s/f. The price was $1.055 million.
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