News: Front Section

Anderson of Eastport Real Estate Services handles two new leases

10 New England Business Center - Andover, MA

Andover, MA Kim Anderson, portfolio manager for Eastport Real Estate Services, along with James Lipscomb and Brian Tisbert of JLL represented Andover MCB, LLC in the execution of two lease transactions at the New England Business Center. The leases were completed with Arena Solutions and B.Yond.

Represented by Jack Fisher of Lincoln Property Company, Arena Solutions, a software company that enables innovative companies to design, produce, and deliver products to market, signed a lease for 2,571 s/f, that commenced on June 1st, at 10 New England Business Center. 

As part of Arena Solutions’s new lease, Andover MCB provided a turn-key build out which included demolition of the existing infrastructure with new construction consisting of private offices, carpet, paint, kitchen, an open break area and two conference rooms. Eastport managed the construction and worked with the architect (Walsh Cochis) and general contractor (Execuspace Construction) to deliver the space to Arena.

Represented by Ross Gaudet of Newmark Knight Frank, B.Yond signed a long-term lease for 2,999 s/f that commencde on June 1st at 10 New England Business Center. 

As part of B.Yond’s lease, the landlord provided a turn-key tenant build out which included demolition of the entire space with construction of several private offices, carpet, paint, kitchen, break room and conference rooms. Eastport managed the construction for this project as well along with Walsh Cochis and Execuspace Construction to deliver the space to B.Yond.

Anderson said, “We are thrilled to have these new tenants as part of our community at the New England Business Center. The new 20,000 s/f amenity center that was slated to open in June was part of the driver for this activity. We have a lot of exciting new projects on site and look forward to building strong tenant relationships.”

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