
September 05, 2008 -
Front Section
Richards Barry Joyce & Partners, LLC (RBJ)has brokered a new 32,978 s/f lease on behalf of CrossHarbor Capital Partners LLC. The lease with Fishman Transducers, Inc. brings 6 Riverside Dr. to full occupancy. Â
Fishman Transducers will occupy office and R&D space on the first floor of the two-story building. Â Located in the Andover Research Park, 6 Riverside Dr. consists of 77,000 s/f of R&D and office space. The building will become Fishman's new corporate headquarters, with the company relocating from its current site in Wilmington, Mass.
"We are pleased to have leased 6 Riverside to full occupancy," said Brian McKenzie, partner, RBJ. "The building is one of the top R&D facilities in the market, which explains why it attracted an excellent tenant such as Fishman Transducers."
McKenzie and Robert Byrne of RBJ represented CrossHarbor Capital Partners in the lease. Â RBJ is the exclusive leasing agent for 6 Riverside Dr. Â Fishman Transducers was represented by Matthew Daniels and Christopher Lawrence of Colliers Meredith & Grew. Â
According to research by RBJ, the I-495 North submarket consists of 14,080,000 square feet of office space and was 26.5% vacant, as of the quarter ended June 30, 2008. Â [source: Richards Barry Joyce & Partners' "officeSTATus -Summer 2008"] Â
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About CrossHarbor Capital Partners LLC
Since its inception in 1993, CrossHarbor Capital Partners LLC has been recognized as a leading manager of alternative investments. We combine a disciplined, multi-asset investment strategy with highly experienced professionals to generate superior, risk-adjusted returns for our firm and its investors. Â Our business model is performance based and our investment activities exclusively emphasize opportunistic transactions in the following sectors: real estate, distressed loans and private equity. www.crossharborcapital.com
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About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. Â For more information, please visit our website at www.rbjrealestate.com