News: Owners Developers & Managers

RBJ negotiates two leases totaling 62,400 s/f for KBS Realty Advisors

Richards Barry Joyce & Partners, LLC (RBJ) has negotiated two leases on behalf of KBS Realty Advisors at 35 Nagog Park. The leases, signed with Ciena Corp. and Azimuth Networks, total 62,400 s/f. Ciena Corp. signed a lease renewal of 45,855 s/f. The Maryland-headquartered company occupies office and electronics laboratory space on the building's first and second floors. Ciena was represented by Robert Nahigian of Auburndale Realty. Azimuth Systems signed a new lease for 16,545 s/f. The company will relocate its corporate headquarters to 35 Nagog Park from nearby 31 Nagog Park. The new lease marks an expansion for the technology company. Azimuth was represented by Theodore Lee and Christopher Lawrence of Colliers Meredith & Grew.   "We are pleased to have accommodated both Ciena Corp. and Azimuth Systems in their leasing requirements at 35 Nagog Park," said John Kolb, vice president at KBS Realty Advisors. KBS Realty Advisors was represented in the Ciena and Azimuth transactions by Brian McKenzie, John Wilson, James Lipscomb and Robert Byrne of RBJ.  
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BGO and Seyon complete acquisition of a 134,413 s/f industrial portfolio

Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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