News: Front Section
Posted: August 18, 2011
Parsons Commercial Group completes two lease at 115 Flanders Rd.
It was a team effort for Parsons Commercial Group who recently completed two office lease deals at 115 Flanders Rd.
MatthewMorgan, associate at Parsons, represented Arris Inc. in a 5,300 s/f lease at 115 Flanders Rd. "Arris Inc. was looking for an opportunity to upgrade their space and accommodate future growth," said Morgan.
Morgan also represented Associated Credit Services in a 7,600 s/f lease also at 115 Flanders Rd. "Associated Credit Services, a receivables management company, was looking for a centralized location allowing them to attract employees from a greater geographic area," said Morgan.
Marci Alvarado, vice president and Jake Parsons, associate, of Parsons, represented the landlord, Westborough Equity Partners LLC on both deals.
Alvarado and Parsons, exclusively represent 115 Flanders Rd. The 65,000 s/f building is a first class office and R&D building that is only 35 minutes from Boston. It features a two story atrium lobby, climate management systems, and maintained landscaping. These amenities coupled with the landlord's flexible terms have created an increase in activity from tenants looking for office space in the MetroWest/495 markets.
"We can still accommodate tenants ranging from 3,800-SF to 16,900-SF," added, Alvarado.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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.
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:
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.
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.
