Middleboro, MA NAI Hunneman’s leasing & advisory services group completed a 5,127 s/f lease expansion with the State Department of Developmental Services at 151 Campanelli Dr. The transaction is the last in a series of deals that have taken the south market location from near vacant to 100% occupied in just 16 months.
NAI Hunneman south team members Ovar Osvold and Cathy Minnerly represented the landlord, 151 Campy Associates, LLC, an affiliate of New York-based Iconic Capital, in the second expansion for the state agency at the property.
Osvold said, “The building’s location and overall quality is fantastic, so we were able to take a very strategic approach to the leasing and stabilization of the asset. This expansion completes the final chapter of the building’s major success story.”
Situated on 7.22 acres and located directly off I-495 at the Rte. 44/18 rotary, 151 Campanelli Dr. totals 58,510 s/f of first-class office and meeting space.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market.
NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
