Nearing the end of Q2 for 2009, the Boston suburban office market continues to have a pulse. Many companies with leases expiring delayed decisions and must now determine whether they are going to renew or relocate. We are seeing more companies out earlier gathering market information to assist with their decision making. Needless to say, [...]
As we start 2010, the Boston Suburban office market of 84.6 million SF has escalated to a combined availability rate of 23.1%. As the economy improves we are encountering more companies exploring options in the market. As a point of reference for different submarkets, if you are a tenant considering 10,000 SF of class A [...]
As the Boston suburban office market bumps along the bottom showing early signs of a recovery, are the fundamentals in place for 2011 to be the turnaround year? We are experiencing an uptick in tenant activity for the first time in seven quarters and registered positive net absorption of just over 250,000 s/f in Q3. [...]
R.W. Holmes Realty Co., Inc. is pleased to announce the sale of 2 Cabot Road, Hudson, Massachusetts to Cabot Woods LLC, a subsidiary of K & L Realty LLC of Worcester. R.W. Holmes represented K & L in the $3,875,000 purchase. Ideally located next to the intersections of I-290, I-495, Routes 85 and 20, 2 [...]
R.W. Holmes Realty Co., Inc. is pleased to announce the sale of 49 Maple Street, Milford, Massachusetts to Milford LLC for $2,650,000. 49 Maple Street is a 53,400 SF R&D, light manufacturing building. Milord LLC will use the building for their related companies. Arthur Amadei and John Eysenbach of R.W. Holmes Realty Co., Inc. represented [...]
R.W. Holmes has negotiated six leases on behalf of Antico Development Company at 101-110 Clematis Avenue in Waltham. The leases, signed with Asmara Inc., Armstrong Ambulance, Restorations by Roy, For the Love of Cheer, and Exotic Marble & Granite total 35,000 s/f. “Over the last six months we have seen significant activity which is reflected [...]
R.W. Holmes Realty Co., Inc. is pleased to announce that Genzyme has leased 17,596 SF of office space at 10 California Avenue in Framingham. 10 California Avenue is a 62,000 SF building conveniently located ½ mile from exit 12 of The Mass Pike. One of the world’s foremost biotechnology companies, Genzyme is dedicated to making [...]
John Eysenbach of R.W. Holmes Realty Co., Inc. has announced the sale of 47 S. Maple Street, Bellingham for $3,200,000. Premier Equipment, Inc. of Natick purchased the 45,000 SF office, warehouse on 9.6 acres for their growing construction equipment sales and leasing business. The site was previously occupied by Bevilaqua Paving before they sold the [...]
Dean Blackey and Craig Johnston of R.W. Holmes Realty represented K&N Commercial LLC in the sale of 550 Worcester Road in Framingham for $1.925 million to Claremont Realty Trust. 550 Worcester Road, Framingham is a 12,600 SF multi tenant office building that sits directly on Route 9. Dean Blackey and Craig Johnston of R.W. Holmes [...]
Craig S. Johnston Senior Vice President of R. W. Holmes Realty Co., Inc., has leased 24,834 SF to Courion Corporation of Framingham, MA. Courion will be relocating its Corporate headquarters to 1900 West Park Drive, Westborough, a two-story 93,127 SF first class office building. Courion is a leader in access governance, provisioning and compliance whose award-winning [...]
