News: Front Section

Grubb & Ellis brokers 29,158 s/f in two new leases at Acton Woods

Grubb & Ellis Company represented Secured Realty and Capital Group Properties in the leasing of 29,158 s/f in Acton Woods, located at 100 Discovery Way. Jack Kerrigan, executive vice president, Steve Cook, senior vice president, and John Coakley, senior associate facilitated the transactions, which included Everyday Solutions, a leading supplier of GPS-driven solutions for student transportation, leasing 14,322 s/f and Wintriss Controls, formerly Honeywell's Machine Control and Safety business, leaseing 14,836 s/f. Cushman & Wakefield represented Everyday Solutions. Wintriss was represented by National Asset Resolution. "We are delighted to have two well-established technology companies as our newest tenants," said Doug Freemen, owner, Secured Realty. "Our firm has in-house construction capabilities, supporting our ability to deliver unmatched 'turn-key' build-outs for new prospects. We were able to deliver spaces to both tenants in a very short timeframe." In particular, Everyday Solutions had a need for immediate occupancy. Secured Realty and Capital Group Properties were able to accommodate this tight deadline by fast-tracking the build-out of Everyday Solutions' premises, effectively completing construction in less than 30 days. "Acton Woods provides excellent lease value, a serene campus setting and excellent visibility facing Route 2," said Cook. "More importantly, Acton Woods has a very responsive, hands-on local owner. In today's tumultuous leasing market, tenants have a multitude of leasing options, and Acton Woods stands out as an ideal relocation option for tenants seeking quality and value." Acton Woods is an 80,000-square-foot office/flex building just 21 miles from Boston offering easy access to Route 495 and Route 128. The property features ample parking, a well-appointed two-story lobby, new elevator and well-landscaped outdoor area. Acton Woods currently has 11,831 square feet available consisting of 6,107 square feet on the first floor and 5,814 on the second floor. For more information, contact Cook at 617.772.7216.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary