Regazzini of Combined Properties Inc. handles 36,634 s/f lease expansion for Steele Canvas Basket

Greg Regazzini, Combined Properties

Chelsea, MA According to Combined Properties Inc., Steele Canvas Basket renewed its lease of first class office and manufacturing space at 201 Williams St. In doing so, Steele Canvas Basket expanded its footprint from 23,634 s/f to 36,634 s/f. Combined Properties is overseeing the expansion into the additional space.

Steele Canvas Basket, established in 1921, has been at its 201 Williams St. location since 1986 and is one of the building’s major tenants.

Steele Canvas Basket owner John Lordan said, “We are delighted to continue our long standing relationship with Combined Properties. At the conclusion of this latest lease, Steele Canvas Basket will have called 201 Williams Street home for more than a quarter century.  For us, the location and service that Combined Properties offers allows us to meet the needs of our customers in a space that is convenient, cost effective and first class.”

“The property’s amenities, competitive pricing, and proximity to the airport, Cambridge, and downtown Boston are key factors for many tenants,” said Combined Properties’

201 Williams Street - Chelsea, MA

Greg Regazzini, vice president and director of leasing. “We’re proud that Steele Canvas has been with us for over 25 years and that our property has supported this local company’s success for so long.”

Regazzini represented Combined Properties and the tenant was represented by counsel.

201 Williams St. is part of a 250,000 s/f first-class industrial center owned and managed by Combined Properties. Located in the shadows of the Tobin Bridge, the building offers access to Boston/Rte. 1 and is five minutes to Logan International Airport. The industrial complex has additional warehouse spaces available, some with generous refrigerated areas, which is a valuable asset in this food-centric area. 

Combined Properties, Inc. specializes in high-quality office, R&D, industrial, and retail properties in the Northeast.  Since its founding, the company has purchased, developed and managed over three million square feet of space.  Most recently, Combined has continued its expansion into residential development.  The firm is currently constructing 210 luxury apartments’ just steps from the Malden Center MBTA Orange Line and commuter rail.  The apartments at 100-150 Exchange Street will mirror the successes of 160 Pleasant Street which was completed in 2006.