News: Front Section

Dieker and Connolly of CBRE neg. 67,000 s/f lease for Liberty Woods

According to CB Richard Ellis, Axsys Technologies, Inc. has signed the first lease in the newly repositioned Liberty Woods Technology Center located at 44 Simon St. Axsys Technologies, a publicly traded precision optical and motion control systems manufacturer, signed a lease for 67,000 s/f of office and light manufacturing space. Axsys will utilize the space to expand its existing Nashua Optical Systems Group operations. Liberty Woods Technology Center is a 240,000 s/f high-tech facility formerly owned by Teradyne Corp. and occupied by Amphenol Corp. through November. Roger Dieker and David Connolly of CB Richard Ellis represented the landlord, Liberty Simon St., LLC. Bill Luers of Tamposi-Nash Real Estate represented the tenant. Mohsin Amiji, CEO of Liberty Cos., said, "We are very pleased to welcome Axsys Technologies to Liberty Woods Technology Center. The response from the marketplace has been strong as demonstrated by the fact that the first lease has been signed four months before Amphenol Corp. is scheduled to leave." For leasing information, or to schedule a showing of Liberty Woods Technology Center, please contact CB Richard Ellis at (603) 626-0036 or visit the Liberty Woods website: www.cbre.com/44simonstreet About CB Richard Ellis CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis is the only commercial real estate services company named one of the 50 "best in class" companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.
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