Woburn, MA NAI Hunneman recently completed three lease transactions totaling 9,057 s/f at 130 New Boston St. Sorenson Communications leased 4,993 s/f, Emerging Display Technologies leased 2,448 s/f and Adimec Electronic Imaging leased 1,616 s/f. NAI Hunneman executive vice presidents Jim Boudrot and Steve James, along with senior vice president David Gilkie and assistant vice president Michael Allen represented landlord KS Partners. Sorenson Communications was represented by KW Commercial while Emerging Display Technologies was represented by SVN Parsons; and Adimec represented themselves.
“130 New Boston Street offers a rare opportunity for small to midsize tenants seeking quality, value and location,” said Allen. “Much of the showing activity has come from Class A tenants facing substantial renewal increases and the recent leasing success is testimony to the fact that tenants do not have to sacrifice quality and location for great space.”
130 New Boston St. is a first-class, 55,931 s/f, three-story, office building situated in a location within a high-traffic area of Woburn Industrial Park. 130 New Boston St. offers flexible/easily sub-dividable floor plates, inviting meeting spaces, an on-site restaurant, ample parking and provides direct access to I-95/Rt.128 and I-93.
KS Partners is a real estate holding company that owns and operates approximately 4 million s/f of commercial property throughout New England. Headquartered in Woburn, MA with offices throughout New England and a team of approximately fifty employees, KS handles long-term asset strategies and day-to-day operational and maintenance needs. KS specializes in acquiring multi-tenanted office buildings with ground floor retail amenities. KS Partners’ platform is to target undervalued income producing properties and systematically add value through leasing, repositioning and identifying redevelopment opportunities.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.