Aho of O'Brien Commercial completes 15,000 s/f lease at 72 Cedar Hill Street
Joel Aho of O'Brien Commercial Properties recently represented the ownership at 72 Cedar Hill St. and procured the tenant, On-Site Analysis, in a 15,000 s/f lease.
The new space represents an expansion for On-Site as the company needed additional room to accommodate current and future growth and also allowed them to move into a fully air conditioned, flex building more fitting for their use. The building is now 100% leased.
In addition Bret O'Brien of O'Brien Commercial recently leased 9,815 s/f of office space in Milford and Hopkinton.
O'Brien represented Spectra Automation in a new lease of 2,550 s/f of office space at 113 Cedar St. in Milford. The landlord, The Route 495 LP, was represented by Alison Powers and Bob McGuire of CB Richard Ellis.
O'Brien represented Norfolk RAM in extending its lease of 3,677 s/f of office space. The landlord, Birchwood Office Park, LLC, was represented by Paul Leone and John Lashar of Richards Barry Joyce and Partners.
O'Brien represented CCMS Lighting in a new lease of 1,200 s/f of office space at 88 Elm St. in Hopkinton. The landlord, 90 Elm, LLC, was represented by Laudy Soifer and Rick Kaplan of Kaplan Commercial Properties.
O'Brien also represented the owner, R&T Realty Trust, in leasing 2,388 s/f of office space at 87 Elm St. in Hopkinton to Ashland Physical Therapy & Sports Medicine.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary