Dalton and Mulvey of DTZ FHO broker 5 leases totaling 150,000 s/f
DTZ FHO Partners' north suburban team represented five tenants in lease transactions totaling 150,000 s/f.
Michael Dalton and Mark Mulvey, partners at DTZ FHO represented the tenants in the following deals:
*DTZ FHO represented NEXX Systems in its relocation and expansion from Suburban Park Dr. to 39,000 s/f at 900 Middlesex Turnpike. Micah Stubblebine of The Stubblebine Co. represented the landlord, The Gutierrez Co.
*DTZ FHO represented Newport Corp. in lease renewal for 37,618 s/f at 101 Billerica Ave., Building 3. Hunter Emerson first VP, and Jason Levendusky, first VP of CB Richard Ellis represented the landlord, BBC Equity Partners LLC.
*DTZ FHO represented MKS Instruments in a 36,000 s/f lease expansion at Two Technology Dr., Andover, Mass. Torin Taylor, senior director and Rich Ruggierio, senior director, of C&W represented the landlord, RREEF America LLC.
*DTZ FHO represented Old Mother Hubbard in a 22,500 s/f lease for the co.'s relocation from 285 Mill Rd., Chelmsford to 200 Ames Pond Dr., Tewksbury. Flory McCarthy, VP, of Jones Lang LaSalle represented the landlord, Farley White Interests LLC.
*DTZ FHO represented Insulet Corp. in the company's expansion in a 14,400 s/f lease at 14 Progress Rd. Levendusky and David Connolly first VP, partner, of CBRE represented the landlord, Colony Realty Partners.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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