News: Front Section

Elcock, Lynch and O'Brien of Colliers Meredith & Grew represent Spectrum Microwave in 42,832 s/f lease

Spectrum Microwave, Inc., a market leader in the world of RF and microwave components and systems, has executed a new 42,832 s/f lease to relocate its operations to 400 Nickerson Rd. located in Marlborough Technology Park. The firm will relocate from 165 Cedar Hill St. in May. The move represents a 16,000 s/f expansion. The Colliers Meredith & Grew team of Jim Elcock, Bill Lynch and Tim O'Brien represented Spectrum Microwave. Paul Leone of Richard Barry Joyce & Partners, LLC represented the landlord, Normandy Real Estate Partners. Specifics of the lease transaction were not disclosed. "After evaluating several options, we chose to relocate to Marlborough Technology Park based on its location, amenities and quality of the space," says Gregg Davis, general manager of Marlborough operations for Spectrum Microwave. "It was a perfect fit to accommodate growing operations." Marlborough Technology Park consists of seven first-class office buildings totaling 573,576 s/f. Located on Nickerson Rd. off Interstate 495, the business center provides access to the Massachusetts Turnpike, Interstate 290, Routes 128 and 9. On-site amenities include ample parking, a full-service cafeteria, conference facilities and a fitness center.
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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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

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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

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,
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in