O'Brien of Greater Boston Commercial Properties, Inc. completes seven leases at Hopkinton Technology Park

December 04, 2014 - Front Section
Bret O'Brien of Greater Boston Commercial Properties, Inc., (GBCP) recently completed a leasing spree in the Hopkinton Technology Park where it represented O'Brien Investment Partners, LLC in 40,500 s/f between seven leases. The leases included the following: * 100B South St.: 6,000 s/f to Gentle Giant Ventures, LLC; * 12 South St.: 5,000 s/f to Anachemia Mining, LLC; * 3 Avenue C: 3,000 s/f to Alkras Holdings, LLC; * 5 Avenue C: 3,000 s/f to Phosphorex, Inc; * 3 Avenue D: 3,000 s/f to Digi New England, LLC; * 12 Avenue E,: 10,000 s/f of to The Boston Athletic Association; and * 4-6 Avenue E: 10,500 s/f to HPC, LLC. GBCP has achieved rents corresponding to the asking rates in the park while filling two thirds of the vacancy resulting from departing tenants who had left 64,750 s/f needing to be filled. With now only 24,250 s/f of available space, the 235,500 s/f park is now 90% occupied. The last vacancies consist of one 12,000 s/f flex/warehouse unit, two 5,000 s/f manufacturing units, and two smaller office units.

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