News: Front Section
Posted: October 18, 2024
CELLTREAT Scientific Products signs 113,382 s/f lease in Ayer, MA
Ayer, MA According to Cushman & Wakefield, CELLTREAT Scientific Products has signed a 113,382 s/f headquarters lease at 3 Nemco Way.
CELLTREAT Scientific Products is a laboratory equipment supplier dedicated to manufacturing unique, high-quality laboratory plastic consumables at significant savings.
“We are grateful to the team at Cushman & Wakefield for collaborating with us to identify the ideal space for our company,” said Rich Happell, president of CELLTREAT Scientific Products. “This move enables us to streamline our operations, consolidate three separate locations into one cohesive space, expand our inventory capacity and increase the speed of order fulfillment.”
Cushman & Wakefield’s Nick Bruha, Blake Baldwin and Shayne O’Neil represented the tenant in the transaction.
“We are thrilled to have arranged this lease which is a significant milestone for CELLTREAT as they continue to expand and consolidate their operations into a larger facility,” said Bruha. “This move will accommodate their growing customer base and support their continued success.”
3 Nemco Way is a 113,382 s/f industrial property featuring 20 tailboard loading docks, high bay distribution warehouse & headquarters office space. The property is located within 3.5 miles of Rte. 495 and within an hour drive to Boston, Worcester and Manchester, NH airports.
Tags:
Front Section
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.
Columns and Thought Leadership
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,
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.
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.
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.