Burgess of Burgess Properties Inc. handles 15,000 s/f lease to Chelsea Clock - Klemmer of Colliers International represented the landlord, The Simboli Properties
Burgess Properties Inc. completes a 15,000 s/f lease with Chelsea Clock at 105 Second St. Phil Burgess of Burgess Properties represented Chelsea Clock and Greg Klemmer of Colliers International represented the landlord, The Simboli Properties.
After 116 years in the same location on Everett Ave., a proposed redevelopment of Chelsea Clock's existing building, in conjunction with adjoining parcels, necessitated the move.
"We had a primary focus of remaining in Chelsea and ideally wanted a building with character, so we were fortunate to come across Greg's listing at 105 Second Street" said Burgess. "With limited options in the city, to find another historic building that worked for Chelsea Clock was fortuitous timing."
Chelsea Clocks are an American icon ubiquitous on the bridges of US Navy ships and boats around the world. They are presented as gifts to heads of state at the White House and represent the finest in American craftsmanship and manufacturing.
105 Second St. is owned by The Simboli Props. After a top-to-bottom rehab, Chelsea Clock will be relocating later this fall and will occupy the entirety of the building.
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!
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