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.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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