Meredith & Grew, Incorporated ONCOR International vice presidents John A. Carroll, III and David J. Pergola, Jr. assisted Carter Winstanley of Winstanley Enterprises on the transaction. NE Industrial Properties' Stan Burwick represented the tenant, Seranoa Networks.
The venture-capital backed Seranoa Networks has developed patent-pending technologies that help network service providers get more from their edge routers. Pergola emphasizes that the owner wants growing companies, such as Seranoa, in the building. He adds that the ability of Winstanley to provide flexible lease terms makes the location attractive to "young companies" such as Seranoa. "Ultimately," he says, "Seranoa selected 60 Codman Hill because of this flexibility."
The class A, 98,131-sf office/R&D building is located directly on Route 495 at the Route 111 interchange.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
