News: Front Section
Posted: December 13, 2007
Sciolla and Harvey of Cresa Partners reps Virgin Money in 30,000 s/f lease
On behalf of King Street Props., CB Richard Ellis/New England has leased 30,000 s/f of office space at 60 Hickory Dr. to Virgin Money USA. Virgin Money USA, formerly known as CircleLending, is a financial services company.King Properties purchased the building in 2006 for $30.2 million.
"Virgin Money's innovative business model and the excitement created by the Virgin brand support our goal of restoring 60 Hickory's status as one of the iconic Rte. 128 landmarks," said Thomas Ragno, founder of King St. Props.
Joseph Sciolla and Matt Harvey of Cresa Partners LLC represented the tenant, while Steve Murphy, principal and Alex Plaisted, associate of CB Richard Ellis represented the owner.
"The revitalized building at 60 Hickory is a great fit for us as we launch our re-branded company," said Jim Robichau of Virgin Money.
60 Hickory is located within the Bear Hill Business Park and is off Rte. 128, between exits 26 and 27. Designed by Bruner Cott and constructed by Linbeck Associates, the renovated, six-story office building has become a landmark for those familiar with the area.
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