New England SIORs handle 483,355 s/f during winter of 2009

March 11, 2009 - Spotlights

Rob Nahigan

John Hennessey

Peter Hayes

Greg Klemmer

Jim Elcock

Garry Holmes

The New England SIOR Chapter members during the winter of 2009 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 winter of 2009 experienced approximately 483,355 s/f of commercial real estate valued at approximately $128,886,180. Congratulations to all the New England SIOR members!

* Peter Hayes, SIOR of Hayes and Sherry represented Robinson & Cole in the office lease of 4,500 s/f at One Financial Plaza, Providence, R.I.

* Gerry Surprenant, SIOR of MG Commercial leased 8,880 s/f of office space to Vector Software at Greenwich Medical & Office Park, E. Greenwich, R.I. Surprenant also completed the sublease of 29,000 s/f of office space to Health & Wellness Institute at 291 Promenade St., Providence, R.I.

* Rob Nahigian, SIOR of Auburndale Realty Co. represented Ciena Corp. in the office lease of 45,855 s/f at 35 Nagog Park, Acton.

* Mark Stevens, SIOR of The Stevens Group assisted LeMaitre Vacular in its lease renewal of 27,500 s/f of office space at 63 Second Ave., Burlington.

* John Hennessey, SIOR of GVA Thompson Hennessey represented Acosta Sales & Marketing Co. in its renewal of 88,870 s/f at 130 Lizotte Dr., Marlboro.

* Greg Klemmer, SIOR of Klemmer Assoc. represented Ophthalmic Research Associates in its new lease of 28,770 s/f at Brickstone Square, Andover.

* Jim Boudrot, SIOR of NAI Hunneman represented Silverlink in its office lease of 26,572 s/f at One Burlington Business Center, Burlington.

* Garry Holmes, SIOR of RW Holmes represented Firmin Avenue Joint Venture LLC in its leases to Update Logic, ViryaNet and Trigent Software totaling 17,657 s/f at 2 Willow St., Southboro. Holmes also represented BJ's Wholesale Club in 4 leases at the Natick Business Park totaling 56,400 s/f. He also represented MathWorks, Inc. in its lease of 44,000 s/f at One Apple Hill, Natick and 22,032 s/f at Cochituate Place, Natick.

* Chris Tosti, SIOR of CBRE represented Capital Group Properties in leasing 9,183 s/f of office space to Kenney & Sams PC at 134 Turnpike Rd., Southboro.

* David Connolly, SIOR of CBRE represented RCG in its transaction with Leap Year Publishing for 9,000 s/f at East Mill, 21 High St., N. Andover.

* Neil Amper, SIOR of Rodman RE represented East Greenwich Office Associates in its purchase of 7,200 s/f former E. Greenwich Photo and Studio building at 631 Main St, E. Greenwich, R.I. The purchase price was $1 million. Amper also leased 15,000 s/f of warehouse at 101 Circuit Dr., N. Kingstown, R.I. to Ring Power of St. Augustine, Fla.

* Jim Elcock, SIOR of Colliers Meredith & Grew represented BioEnergy International in its 7,008 s/f at 42 W. Cummings Park, Woburn. Elcock also represented KS Partners in the leasing of 22,497 s/f for a new office to Turbine, Inc. at Dedham Executive Center, Dedham, He also leased 13,835 s/f of executive offices to Hebrew Senior Life at 300 First Ave., Needham.

* Stag Capital Partners, an SIOR affiliate received $80 million financing from Citizens Bank and Bank of America to finance the company's acquisition of its fourth realty investment fund, composed of warehouse, flex, manufacturing and office building properties.
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