News: Front Section
Posted: September 22, 2017
Ravech of Elliot & Co. reps CMI Property in 13,000 s/f in two leases
Norwood, MA On behalf of CMI Property Inc., Elliot & Co. LLC has brokered two leases totaling 13,000 s/f at 128 Carnegie Row.
Goldfish Swim School, a swimming school for kids, has leased 10,000 s/ft of space on the ground floor where it will have an indoor swimming pool, office, and classrooms. Since opening its first franchise in 2009 in Farmington Hills, Michigan, Goldfish Swim School currently has over 65 schools open or in development in more than 17 states. Goldfish teaches more than 50,000 students per week to swim and be safer in and around the water.
Joseph B. Cohan & Associates, a full-service accounting firm, has leased 3,000 s/f of office space.
Elliot Ravech, president and principal of Elliot & Co. represented CMI Property in both transactions.
Goldfish Swim School was represented by George O’Connor of Cushman & Wakefield.
Paul DePrisco of Joseph B. Cohan & Associates represented the tenant.
“We are pleased to welcome Goldfish and Joseph B. Cohan as our newest tenant at the building,” said Ravech. “CMI Property provided a custom-built space for them. In addition, it is a great location, with area amenities including hotels, restaurants, retail centers, banking, the Norwood Municipal Airport, urgent care facilities, daycare providers and fitness centers.”
The 87,000 s/f commercial building located off the Rte. 1 Automile, has 13-foot ceiling clearance and is sub-dividable to 5,000 s/f for office and R&D use. The building has access to I-93 and 95, Rte. 128, and is a short distance from Boston and Providence, RI.
Headquartered in Norwood, Elliot & Co. is one of the region’s premier commercial real estate brokerage firms, specializing in leasing and investment sales of office, industrial, R&D and retail properties in Greater Boston.
CMI Property Inc. is a Norwood, Mass.-based real estate development company that specializes in leasing commercial properties. CMI Property provides office, retail, automotive, restaurant, storage and parking spaces in convenient locations in the Greater Boston market and offers tenants the option to build spaces to suit.
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