News: Owners Developers & Managers

O'Brien Commercial Properties executes 5,696 s/f lease for GlycoSolutions

Bret O'Brien of O'Brien Commercial Properties recently leased 5,696 s/f of wet lab space at 33 Locke Dr. Bret O'Brien represented the tenant GlycoSolutions Corp., which is relocating from One Innovation Dr. in Worcester. O'Brien identified the space for Glyco Solutions because of the existing infrastructure of fume hoods, sinks, extensive benches and casework, and other specialty life science features. The landlord, Janelon Trust, was represented by Bill Sullivan and Scott Wyant of R. W. Holmes. In addition O'Brien recently sold a 9,000 s/f manufacturing building at 163 Woodland St. in Holliston. O'Brien represented the buyer.Peter Lewis purchased the building from Evelyn Shepard in order to relocate and expand his company Highland Laboratories, which was previously leasing space at 42 Pope Road in Holliston. Healard Machine occupied the building as a machine shop for forty years, and Highland Laboratories, which is also a job shop, can utilize much of the existing electrical infrastructure and other features. The purchase price for the property was $625,000, but partial funds have been held back until a portion of the land that is supposed to pass with the building, is approved by land court. O'Brien Commercial Properties was the sole broker of record in this transaction.
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