News: Front Section

Schneider of McCall & Almy lease 41,749 s/f to Metrigraphics, LLC

McCall & Almy, has negotiated a 41,749 s/f lease for Metrigraphics, LLC at 50 Concord St. "Based on our custom manufacturing processes and customer profile, our space needs were very specific," said Randolph Sablich, president of Metrigraphics. "McCall & Almy helped us review alternatives and make the right choice to fit our growth and operations requirements." McCall & Almy reviewed market rate alternatives with Metrigraphics, and presented a plan that meets the company's long-term strategic objectives. McCall & Almy negotiated on behalf of Metrigraphics, LLC for a lease that guarantees an attractive rate for more than 40,000 s/f of suitable space for five years. "With Metrigraphics' highly specialized manufacturing processes and excellent process control, it was critical to find a space that protects and supports the competitive advantage for which they are known," said Neil Schneider, executive vice president at McCall & Almy. "The Concord St. property represented the best match of criteria." Schneider provided tenant representation for Metrigraphics, LLC. Marc Knittle, key accounts manager and John Wiseman, vice president of operations represented the landlord, Cummings Properties in the transaction. Metrigraphics, LLC is a leading manufacturer of custom, high precision components for Original Equipment Manufacturers (OEMs). The company applies core technologies of electroforming, photolithography, and thin-film sputtering to help customers increase the performance, accuracy and reliability of state-of-the-art instruments and devices. Metrigraphics' microcircuits and components are used in medical, biotechnology, telecommunications, semiconductor, industrial, and consumer markets. About McCall & Almy Founded in 1990, McCall & Almy is a Boston-based commercial brokerage firm providing trusted real estate advice and services. Focused on tenant representation and strategic real estate planning, McCall & Almy and its clients work together to develop insightful and responsive business solutions. The firm's senior advisors provide real estate analysis and support for a wide range of business sectors and not-for-profit organizations.
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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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

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.
Four tips for a smooth 1031 Exchange - by Bill Lopriore

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

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: