Rockland Trust renews and expands leases at Braintree Executive Park
Rockland Trust Company is renewing its lease and expanding its footprint at 150 Grossman Dr., Braintree Executive Park. The addition of 2,716 s/f brings the bank's space in the building to a total of 7,068 s/f.
According to Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., who represented the tenant and landlord in lease negotiations, Braintree Executive Park LLC, 100 and 150 Grossman Dr. are also home to several other high-profile financial services tenants including Safety Insurance, Great American Insurance Co., Genworth Mortgage, Tremont Credit Union, and Icon Capital.
Among other tenants are Manpower International, Strategic Staffing Solutions, Diageo North America, Icon Capital Corp., and Harvard Vanguard Medical Associates.
Braintree Executive Park consists of twin mirror image first class office buildings at 100 and 150 Grossman Dr. adjacent to K-Mart Plaza off Rte. 3. The buildings offer high quality interior finishes and are within walking distance to the MBTA Red Line / Commuter Rail station. Other attractions include easy highway access and numerous nearby restaurants, stores and hotels.
A subsidiary of Independent Bank Corp., Rockland Trust operates 70 branches and 12 Commercial Lending Centers in Eastern Massachusetts and Cape Cod. It is a full-service community bank some $4.5 billion in assets.
The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.
For leasing information at Braintree Executive Park and/or other listings, contact Richard McKinnon at 617-472-2000; richmck @grossmanco.com. The company website is www.grossmanco.com.
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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