News: Rhode Island
Posted: February 9, 2024
Finan of Hayes & Sherry completes long-term lease for 125,000 s/f at 10 Briggs Dr.
East Greenwich, RI Hayes & Sherry, a Cushman & Wakefield alliance member, facilitated a lease agreement for 125,000 s/f at 10 Briggs Dr.
Hayes & Sherry represented the landlord, Leahey Briggs Associates, LLC.
The leased space consists of 100,000 s/f of warehouse area and 25,000 s/f for office. The property is shared by top Rhode Island businesses with global reach and provides proximity to highways and Quonset Business Park.
The lease was facilitated by Jeff Finan, a partner at Hayes & Sherry.
“In this market, there is a very low vacancy rate for attractive, large spaces, and even fewer that checked off the boxes the tenant was looking for,” said Finan. “As a result, we were able to negotiate a strong rent structure for our client.”
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