News: Front Section

Kerrigan and Cook of Avison Young secure lease renewal, expansion

One Technology Park Drive - Westford, MA

Westford, MA According to Avison Young, Kadant Inc. has signed a 14,597 s/f lease renewal and expansion at the company’s headquarters located at One Technology Park Dr.

Jack Kerrigan, Avison Young Jack Kerrigan, Avison Young

Avison Young principals Jack Kerrigan and Steve Cook, who are based in the firm’s Boston office, represented Kadant in the transaction. The landlord, The Gutierrez Company, was represented by Lisa Tarricone. 

“The location works well for our employees, particularly given the abundant retail services and amenities in the immediate area,” said Kadant treasurer Dan Walsh.

“Kadant has enjoyed its tenancy with The Gutierrez Company for more than a decade,” said Kerrigan. “Fortunately, there was adjacent space available to accommodate Kadant’s growth needs.” 

Steve Cook, Avison Young Steve Cook, Avison Young

One Technology Park Dr. sits within Westford Technology Park, an 85-acre, campus-style, master-planned development. Major tenants include Akamai Technologies, Sonus Networks and BF Goodrich. The park is located off Rte. 110, providing access to I-495 and various retail and dining amenities.

Kadant is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The company’s products technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries.

MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.