News: Front Section
Posted: September 25, 2020
Colliers International advises U.S. Cabinet Depot in 209,643 s/f office/warehouse lease
Norton, MA Leading global commercial real estate services firm Colliers International has advised national cabinet company, U.S. Cabinet Depot, in a 209,643 s/f lease at 176 South Washington St.
Headquartered in suburban Atlanta where it currently has three locations, including its corporate office, U.S. Cabinet Depot has additional operations in California, a recently signed 123,000 s/f lease in Texas,and was seeking a first Massachusetts location to continue its nationwide expansion plans.
Members of the Colliers Southwest team, senior vice president Ovar Osvold, executive vice president Cathy Minnerly, and assistant vice president Sean Hannigan represented U.S. Cabinet Depot throughout their process to identify,
tour, and lead negotiations on all industrial opportunities directly along the I-495 south and west corridors.
After extensive research and considerations, Paradigm Properties’ building at 176 S. Washington St. was ultimately the best fit for the company’s needs. The building’s convenient location, ideal clear heights, high-end loading docks, and overall layout created the right opportunity for both the short and long term.
“The unwavering focus by all parties involved in this deal cannot be overlooked. Securing the right building in a new market was always the main goal for the client and doing so during a global pandemic demonstrates our collective dedication to making that happen,” said Osvold. “The strength of the industrial real estate market has been a bit of a silver lining amidst everything going on, so having the foresight to lock in a long-term solution for our client was extremely important.”
CBRE’s Steve Clancy and Rachel Marks represented the landlord, Paradigm Properties.
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