News: Spotlight Content

Varholak, Friedman and Cohen of RBJ&P represent Keltron Corp. in 15,000 s/f office and R&D lease

Richards Barry Joyce & Partners, LLC (RBJ&P) has advised Keltron Corp. in a new lease for the company's corporate headquarters at 101a First Ave. Keltron, a manufacturer of life safety event management systems, leased 15,000 s/f of office and R&D space at 101a First Ave. The long-term lease is for space on the building's first and second floors. Keltron is moving from the Waltham Watch Factory (241 Crescent St.), where it had been located for the past 50 years. "Having been in the same location since our founding in 1961, contemplating a corporate move was new territory for us," said David Wilbourn, CEO, Keltron Corp. "The assistance of the Richards Barry Joyce & Partners' team was invaluable. They took the time to understand our business needs, as well as the impact of the move on our company, and provided excellent counsel." Jon Varholak, Ron Friedman and Brian Cohen of RBJ&P represented Keltron Corp. in the transaction. The building's landlord, IRG Waltham LP, was represented internally. "After a comprehensive search, we determined that 101a First Ave. best met the needs of Keltron," said Friedman. "The building offers functional space and the flexibility to accommodate Keltron's future growth."
MORE FROM Spotlight Content

NEREJ’s 2026 Mid Year Review Spotlight

NEREJ’s 2026 Mid Year Review Spotlight is underway. This special section will feature perspectives from across commercial real estate as firms reflect on the first half of the year and discuss the trends, challenges, and opportunities shaping the months ahead.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

As legacy names recalibrate, new entrants are moving in with fresh capital, new technologies, and business models tailored to today’s supply-chain needs - by Michael Harrington

Southern New Hampshire’s industrial market has always punched above its weight. For decades, the region has attracted a mix of advanced manufacturing, beverage and food producers, logistics operators, and specialty
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

Limited supply fuels landlord‑friendly conditions in Rhode Island’s industrial market - by Julie Freshman and George Paskalis

As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.

Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained