News: Front Section

Alvarado, Parsons and Blackburn of SVN|Parsons Commercial complete 16,286 s/f lease with Wind River Environmental

46 Lizotte Drive - Marlborough, MA 46 Lizotte Drive - Marlborough, MA

Marlborough, MA SVN|Parsons Commercial Group|BOSTON, completed a 16,286 s/f lease with Wind River Environmental, LLC at 46 Lizotte Dr. Marci Alvarado, Jake Parsons and Jason Blackburn of SVN |Parsons represented the landlord, St. Mary’s Credit Union. 

Wind River Environmental selected the site because of the overall quality of the building, its proximity to major routes and access to nearby retail amenities. St. Mary’s Credit Union owns the building and has their headquarters located on site, another major draw for Wind River Environmental. 

“We are pleased that Wind River Environmental will be joining us at our own Marlborough headquarters. They had many options, and the choice of our building as their new home speaks highly of our facility and our location. We will continue to work with SVN|Parsons Commercial Group|BOSTON on leasing the remaining available space.  Our building offers easy access from major highways, competitive rates, and a location within a thriving area of new growth within the city of Marlborough,” said James Petkewich, St. Mary’s Credit Union’s senior vice president.

The Marlborough Economic Development Council (MEDC) was also instrumental in assisting St. Mary’s Credit Union to attract Wind River to relocate its business to Marlborough. 

Meredith Harris, from MEDC said, “We are thrilled that Wind River Environmental has chosen Marlborough to call home and look forward to welcoming all the new employees to the city. Wind River is just one more reputable company to add to the long list of successful businesses already flourishing here in Marlborough.”

MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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.
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.