News: Front Section

Avison Young arranges 24,380 s/f headquarters lease to Forge, Inc.

West Newton, MA Avison Young has arranged a new 24,380 s/f industrial/flex lease on behalf of Forge, Inc., a home improvement solutions company. Forge is on a mission to build and power the next generation of trade workers for America. Backed by venture partners, Forge’s rapid growth prompted the need for a larger headquarters, where it will relocate from 120 Leland St. in Framingham, to 66 Rowe St.

Avison Young principal John Dolan and senior vice president Jon Pezzoni, who are both based in the firm’s Boston office, represented the tenant in the negotiations while Liz Swanson of Cushman & Wakefield represented the landlord, Calare.

“Forge is a unique concept blending customer service with home improvement and has continued to experience rapid growth since its inception, prompting the need for a larger headquarters to house its operations and support its evolving needs,” said Dolan. “The company’s new lease represents the strong appeal of the suburban industrial market for companies looking to scale up in an accessible location near strong local talent.”

Forge offers a wide range of home improvement capabilities, including repairs, maintenance, installations, upgrades, and renovations. Forge’s new headquarters at 66 Rowe St. will comprise 18,000 s/f of industrial and 6,000 s/f of office.

“Avison Young did a great job of understanding our needs and securing fantastic space in an incredibly difficult market,” said Mark Kasdorf, CEO and founder at Forge.

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
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.
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
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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.