News: Front Section
Posted: September 20, 2012
Elliot & Co. LLC brokers 2,800 s/f office lease on behalf of CMI Property Inc. to The Northeast Group
Elliot & Co. LLC has negotiated a new 2,800 s/f lease to The Northeast Group on behalf of CMI Property Inc. at 129 Morgan Dr.
The Northeast Group, a New England manufacturer's representative organization specializing in the housewares, homestore and giftware industries, is relocating to 129 Morgan Dr. from nearby 51 Morgan Dr. The Northeast Group took occupancy of the 2,800 s/f of office space on the first floor of 129 Morgan Dr.
Elliot Ravech, president and principal of Elliot & Co., represented CMI Property Inc. in the transaction.
Managed by CMI Property and Ginny Lenhart, director of operations for CMI, 129 Morgan Dr. is a 2-story mixed-use facility with access to I-95 and U.S. Rte. 1. The building supports office, lab, warehouse, R&D and distribution uses. Elliot & Co. is the exclusive leasing agent for the property, which now is 100% occupied.
"The flexibility of the space at 129 Morgan Drive was a key attraction for The Northeast Group," said Ravech. "It's a great property in a terrific location, and CMI Property is proud to welcome The Northeast Group to its tenant roster."
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