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Owners Developers & Managers
Posted: May 19, 2017
Quinn of SVN Parsons Commercial represents MGB USA in 13,904 s/f lease; Teague of Transwestern RBJ represents the landlord
Franklin, MA Garrett Quinn of SVN Parsons Commercial Group Boston recently represented the tenant, MGB USA, Inc. in a 13,904 s/f lease. 157 Grove St. is a 76,268 s/f flex building located minutes from I-495. The landlord, GRE Grove Street Two, LLC, was represented by McKenna Teague of Transwestern RBJ. MGB USA, Inc. is moving from their facility in Westborough.
“MGB USA has been expanding rapidly with tremendous growth in the United States within the past few years,” said Quinn. “The facility at 157 Grove St. allows MGB to expand their operation and increase proficiency.”
“I am excited to have found such a great location with so much potential for growth and it is exciting to be bringing manufacturing jobs back to Massachusetts,” said Kevin Frieswick, general manager of MGB USA. “We are achieving our goal, building a clean, modern facility with new precision equipment. Being so close to Rt. 495/95 will help us to draw the best talent from Boston and Providence.”
MGB USA, Inc. manufactures precision electrical components used in a variety of applications including aerospace, defense, medical, telecommunications, and automotive hybrid and electrical instrumentation. The company has been headquartered in France since 1953 and has a production facility in China that opened in 2005.
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