New England SIORs start 2011 with 798,234 s/f of deals valued at $26.4 million

June 09, 2011 - Spotlights

Don Mancini, Kelleher & Sadowsky

Mike McCarthy, NAI Hunneman

Tom Farrelly, Cushman & Wakefield

Gerry Suprenant, MG Commercial R.E. Services

Arlon Brown, Parsons Commercial

Jeremy Freid, Boston Realty Advisors

Jim Boudrot, NAI Hunneman

Mark Stevens, The Stevens Group

George Pakalis, MG Commercial R.E. Services

The New England SIOR Chapter members operated the start of 2011 with a number of major advisory and transactional assignments. Corporate America and regional tenants indicated that the SIORs are the "premier" brokers in the commercial/industrial New England real estate markets whom they entrust for expert knowledge and skills. During the beginning of this year the deals totaled 798,234 s/f of commercial real estate valued at $26.4 million. Congratulations to all the New England SIOR members in these recessionary times!
* John Hennessey, SIOR of Thompson Hennessey & Partners represented Cengage Learning in three sub-subleases totaling 26,517 s/f at 25 Thomson Place. The sub-subleases were with Boris FX, MetroLacrosse and the Tom James Co.
* Tom Farrelly, SIOR of Cushman & Wakefield represented Farley White Manchester LLC in leasing 3,500 s/f at the Bank of America Building, 1155 Elm St., Manchester. The office lease marks the relocation of Renesy's headquarters office.
* Gerry Suprenant, SIOR of MG Commercial has sold a 128,000 s/f industrial building at 79 Walton St. in the N. Attleboro Industrial Park. Located on 9.4 acres and renovated in 1987, the property was purchased by a realty company which will lease the property to Stergis Window and Doors Manufacturing. Suprenant also represented G-Form, LLC in its subletting of 4,162 s/f at One Davol Sq., Providence, R.I. Suprenant also sold a 78,750 s/f corporate headquarters building at 330 Swansea Mall Dr., Swansea for Webster Bank. The sales price was $3 million.
* Derek Losi, an SIOR candidate, of UGL Equis represented Stevens Advertising Associates in its lease of 2,019 s/f of office space at 330 Congress St.
* Jim Boudrot, SIOR, Evan Gallagher, SIOR candidate, and Mike McCarthy, SIOR candidate of NAI Hunneman Commercial brokered a 50,470 s/f new corporate headquarters lease for Resonetics at 44 Simon St., Nashua, N.H. Boudrot, along with McCarthy and Gallagher, also brokered a 37,207 s/f office sublease at One Wall St., Burlington. They represented Openwave Systems, Inc., the sub-landlord. They also represented Marine Polymer at 24 NEEP, Burlington in an office lease for 7,047 s/f.
* Jeremy Freid, SIOR of Boston Realty Advisors represented the seller in the sale of 33 East St., Winchester, a 10,000 s/f building.
* Arlon Brown, SIOR of Parsons Commercial completed a build-to-suit sale of a 6.87 acre property located at 67 Green St., Foxborough. Maltz Sales Co. acquired the site from Construction Planners for a 30,000 s/f build-to-suit industrial building. Arlon represented Construction Planners.
* George Paskalis, SIOR of MG Commercial R.E. Services represented the landlord in the lease of 22,960 s/f of warehouse to Blue Cross Blue Shield at 100 Dupont Dr., Providence, R.I.
* Don Mancini, SIOR of Kelleher & Sadowsky represented SouthWin Ltd. in its lease of 82,050 s/f of warehouse space at 272 Nashua St., Leominster.
* Jim Elcock, SIOR, and Bill Lynch, SIOR candidate of Colliers International leased 2,638 s/f of office/R&D space to American Bioanalytical in Natick. Elcock also partnered with SIOR candidate John Dolan in the lease of 9,000 s/f of office space to F-Squared in Newton at One Newton Executive Park.
* Mark Stevens, SIOR of The Stevens Group represented Mystic Brewery in its lease of 12,865 s/f at 174 Williams St., Chelsea. The newly leased property will serve as a Belgian-style micro-brewery.
* Brendan Daly, SIOR candidate of NAI Hunneman Commercial represented Insight Performance in its renewal of 3,822 s/f office lease at 990 Washington St., Dedham.
* Frank O'Connor, SIOR of NAI Dunham Group represented Buffalo Wild Wings in its lease of 5,900 s/f of retail space at 600 Turner St., Auburn, Me. O'Connor also leased 3,432 s/f to New England Denture Center at 730 Center St., Auburn, Me.
* Tony McDonald, SIOR, of The CBRE/Boulos represented Cengage Learning in its lease of 8,638 s/f of office space at the Hathaway Creative Center, Waterville, Me.
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