News: Front Section
Posted: February 4, 2009
Delaney, Kerrigan and Norton of Grubb & Ellis rep. 16,702 s/f purchase
Grubb & Ellis Co. represented Cambridge-based Ambit Press/Minuteman Press in the purchase of 16,702 s/f of warehouse space at 131 N. Beacon St. from David Neilsen. The property is to be Ambit Press' new production facility. The company will continue operations in Kendall Sq.
Grubb & Ellis' Paul Delaney, senior associate, Jack Kerrigan, senior vice president, and Mark Norton, associate, facilitated the transaction.
"The Grubb & Ellis team listened carefully to our needs, showed us all relevant properties in the market, and took the time to educate us about the commercial real estate market and buying process," said Dean Lyettefi, operations manager at Ambit Press/Minuteman Press.Â
Delaney said, "The building is the ideal size for Ambit, is well located and fully air-conditioned; all qualities that are hard to find. The property is also well-serviced by MBTA public transportation, which is a big plus for employees."
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