Federal Express has taken 39,727 sf--the entire building--at 10Cornell Place, a one-story industrial building located near Route93. Mayo Medical has leased 28,229-sf at 265 Ballardvale St., aone-story, 72,000-sf industrial building that is also located nearRoute 93. Opto-line Associates took 9,750 sf in the building whileDirectory Distribution Associates took 6,405 sf. Details of theleases have not been disclosed.

Torin Taylor and Jason Levendusky, directors at the Bostonoffice of Insignia/ESG, represented Archon Group in thetransactions. Taylor notes that the leases strengthen Archon'sportfolio in the area as well as enhance its tenant diversity."Having internationally recognized companies like Federal Expressand Mayo together with smaller regional companies provides Archonwith a stable tenant base, which is very beneficial in the state ofthe current economy," he says.

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