Smith of Colliers International negotiates 152,000 s/f lease renewal for HD Supply

March 18, 2016 - Front Section

Boston, MA Colliers International negotiated the renewal of a 152,000 s/f lease at 100 Meadow St. Colliers represented HD Supply in this strategic extension of their lease. Austin Smith was the lead negotiator. Smith also was the broker who originally brought HD Supply to the building moving them from Norwood. The property was recently acquired by National Development of Newton.

After careful study of market conditions, Smith was able to design attractive renewal terms and negotiated on behalf of the client. National was represented by Transwestern.

This is a strategic location for HD Supply gaining them access to both the suburbs as well as downtown clients. The space has all the dimensional characteristics of a modern warehouse being 30 feet clear and having ESFR sprinklers as well as capacious loading doors.

Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.

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