SVN | Parsons Commercial Group | Boston
Milford, MA SVN | Parsons Commercial Group | Boston completed a 7,500 s/f lease at 1 Maple St., a 23,500 s/f office building located in the Birch St. business area.
Commercial real estate advisor, Marilyn Santiago and vice president, Victor Galvani of SVN | Parsons Commercial Group | Boston have been marketing the property to attract companies looking for space that offers a combination of open space and private offices and are move-in ready.
“We are at almost 100% occupancy after an aggressive campaign with one suite left,” said Santiago.
Recently, Kennedy-Donovan Center leased the entire top floor of the building for their Metrowest regional offices. KDC is a human service agency providing a wide range of direct and supportive services to families throughout Massachusetts and Connecticut. KDC serves 160 communities and employs over 550 people.
The building has attracted a solid mix of tenants from technology firms, medical services to general office. 1 Maple St. provides an overall great tenant package to companies.
The property is well maintained with local and hands-on property management and ownership. It is located within an active business center that includes thriving companies such as: Amazon, Waters Corporation, Tri-County Medical Associates, Invacare, Baxter Healthcare, SeraCare Life Sciences, Salmon Health and Retirement and more; provides almost 100 parking spaces; and well located minutes to Rte. 495 (Exit 19).
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and