News: Front Section
Posted: July 13, 2018
McGrail and Helfrich of Newmark Knight Frank complete 10,000 s/f in two leases
Westborough, MA Newmark Knight Frank (NKF) has completed two new leases to MAPFRE Insurance and Legacy Financial Advisors, Inc. at Westborough Office Park totaling 10,000 s/f.
NKF’s Tyler McGrail, associate director, represented MAPFRE Insurance in leasing 5,500 s/f at 2000 West Park Dr. This new space within Westborough Office Park will serve as a new location for the firm and will service its legal division.
In addition, NKF’s Conor Helfrich, associate, represented Legacy Financial Advisors, Inc. in leasing 4,500 s/f at 1500 West Park Dr. Legacy Financial Advisors is relocating from 2000 West Park Dr., another building within Westborough Office Park. This new location will serve as the firm’s corporate headquarters.
Westborough Office Park is owned by Carruth Capital and leased by CBRE/New England.
“Both tenants selected Westborough Office Park for its ideal location at the intersection of Interstate 495 and Rte. 9, along with its campus setting and first-class amenities,” said McGrail.
“It was a pleasure assisting MAPFRE and Legacy with their real estate needs. We ran a thorough process and it was apparent that Westborough Office Park was the perfect home for both companies,” said Helfrich.
“We utilized the services of NKF to search and acquire new space for our growing business,” said Legacy’s president, Paul Mauro.
“As we have been in business since 1974, our firm has experienced the lease negotiation and relocation process quite a few times. Conor worked with Linda Mauro and Cathy Tharp of Legacy to select and design the perfect space to welcome clients of the firm. As company president, I really appreciated the limited amount of time I had to spend on this move, since my focus is managing the financial affairs of our clientele. I’m sure our clients will appreciate the new space and the fact that I could remain focused on our core business.”
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