Boudrot and Gallagher of NAI Hunneman broker 13,360 s/f office lease
NAI Hunneman's suburban leasing group has negotiated a 13,360 s/f office renewal and expansion for RentGrow Inc. at 307 Waverly Oaks Rd.
RentGrow, a wholly owned subsidiary of Yardi Systems, provides applicant screening technology and services to residential property management companies.
Senior vice president Jim Boudrot and vice president Evan Gallagher represented RentGrow in the transaction while Duffy Properties, the landlord, represented themselves.
Built in 2001, 307 Waverley Oaks Rd. is four-story, 142,663 s/f building located in the Waverley Oaks Office Park. It's located near Rte. 128, Rte. 2 and the Mass Pike.
"RentGrow's expansion at Waverly Oaks Office Park demonstrates the company's commitment to expanding here in Mass.," said Gallagher.
NAI Hunneman's suburban leasing group, which includes James Boudrot, Brendan Daly, David Gilkie, Evan Gallagher, Stephen James and Michael McCarthy, specializes in the representation of tenants and landlords in the Greater Boston suburbs and along Rte. 128 and I-93.
About RentGrow
RentGrow provides applicant screening technology and services to residential property management companies across the United States. Founded in 1989, the company has experienced consistent customer growth and outstanding customer loyalty. Today, its customers collectively manage more than 700,000 residential apartment units nationwide. In 2010, RentGrow became a wholly owned subsidiary of Yardi Systems. For nearly 30 years, Yardi Systems has been solely dedicated to the design, development, and support of real estate investment management and property management software.
About NAI Hunneman:
Founded in 1929 and headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. Through its association with NAI Global, NAI Hunneman is a local firm with global reach offering brokerage and project management services in more than 350 markets across the nation and around the world.
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