Hospice of the North Shore & Greater Boston signs new 5,400 s/f lease

Hospice of the North Shore & Greater Boston (HNS) recently signed a new 5,400 s/f lease for a satellite office at 70 Walnut St. in Newton Wellesley Executive Office Park. Jim Elcock and John Dolan of Colliers International represented HNS. Dan Krysiak of Grubb & Ellis Company represented the landlord, The Nelson Companies. Specifics of the lease transaction were not disclosed. "This new satellite location represents HNS's commitment to not only continue to be the premier provider of hospice services for the North Shore, but to expand the reach of the superior care it provides," said Dolan. "We are very pleased to have assisted HNS with this assignment. A special thank you to The Nelson Companies and Grubb & Ellis for their assistance." Built in 1962 and renovated in 2011, 70 Walnut Street is a four-story, 34,000-square-foot Class B office building with 82 percent occupancy. The property is located in Newton Wellesley Executive Office Park, a four-building, 129,000-square-foot business complex located off Route 128 near the Massachusetts Turnpike. The park offers tenants easy access to downtown Boston, views of the Charles River, covered parking and nearby amenities which include restaurants, cafés, banking and golf courses. About Hospice of the North Shore & Greater Boston Founded in 1978 as an independent, not-for-profit organization, Hospice of the North Shore & Greater Boston is the largest and most comprehensive hospice provider in the Commonwealth. With the mission of providing expert care, support, education and consultation to those affected by life-limiting illness, death and loss, Hospice of the North Shore & Greater Boston provides hospice and palliative care services to patients in homes, long term care and assisted living communities, and in the 20-bed Kaplan Family Hospice House in Danvers. For more information please visit www.hns.org. About Colliers International Colliers International is the third-largest commercial real estate services company in the world with 15,000 professionals operating out of more than 480 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world. Colliers International's Boston office has been providing its clients with innovative real estate solutions for over 130 years. In addition to its full platform of integrated services, it is one of 21 owner/members of Strategic Alliance Mortgage (SAM). SAM's goal is to combine local entrepreneurial expertise with a nationwide network to deliver the very best capital markets execution and alternatives to its clients.