New England SIORs work the fall with 335,593 s/f of transactions
January 12, 2012 - Front Section
The New England SIOR Chapter members operated the fall of 2011 with a number of major advisory and transactional assignments. Corporate America and regional tenants indicated that the SIORs are the premier brokers in the commercial/industrial New England real estate market whom they entrust for expert knowledge and skills. During the fall of 2011 the deals totaled approximately 335,593 s/f of commercial real estate valued at approximately $8,727,380. Congratulations to all the New England SIOR members in these recessionary times!
* Tom Moulton, SIOR of NAI The Dunham Group represented Catholic Charities Maine in its lease of 5,400 s/f of office space at 11 Baxter Blvd., Portland, Me. Moulton also leased 5,490 s/f of office/retail space to Dragon Fire Martials Arts at 650 Main St., So. Portland, Me.
* Jim Boudrot, SIOR and Evan Gallagher, SIOR Candidate of NAI Hunneman represented Certeon in a 9,650 s/f sublease of office space at 5 Wall St., Burlington. Boudrot and Gallagher also negotiated a 13,360 s/f office renewal and expansion for RentGrow Inc. at 307 Waverly Oaks Rd., Waltham.
* George Paskalis, SIOR of MG Commercial represented the landlord in a 50,000 s/f industrial lease in the North Central Industrial Park, Lincoln, R.I. Triumverate Enronmental was the tenant and provides medical waste transfer services.
* Greg Klemmer, SIOR and Tim Brodigan, SIOR of Klemmer Associates represented Quiet Logistics in its lease of 200,000 s/f at 66 Saratoga Blvd., in the Devens Industrial Park, Devens.
* Frank O'Connor, SIOR of NAI The Dunham Group represented the landlord in leasing 1,798 s/f of Class A office space to Nina's Zumba Studio at 54 York St., Portland, Me.
* Jim Elcock, SIOR of Colliers Meredith & Grew represented Clark, Snow & Riley, a certified public accounting and management consulting firm in a renewal of 4,775 s/f of office space at 25 Newport Ave., Quincy.
* Rob Nahigian, SIOR of Auburndale Realty Co. completed advisory services on the first of three commercial land pads at 505 W. Central St., Franklin. This Rte. 140 site will house, as its first tenant, a newly constructed Wendy's. Site preparation is under construction and the new Wendy's is planned for the spring of 2012 in a long term ground lease. Nahigian also leased 42,120 s/f of warehouse space to PAK Technologies of Milwaukee at 95 Fitchburg Rd., Ayer. The facility has rail service and 26-28' ceilings and will serve as a jump location for its European customers.