"I-290 proved to be the right real estate solution for Sunrise Medical, offering a combination of location, lease term, rental rate and management team," says Spaulding & Slye principal William Bailey. Terms of the lease were not disclosed.
Built in 1978, 10 Forbes Rd. is the largest of six buildings in the I-290 Industrial Park. The single-story, 102,408-sf facility has 21'6" clear height and 30' x 40' bay spacing. The building shares the space with Shell Lubricants and is now 50% occupied. Developed over six years, the industrial/R&D complex is comprised of six buildings ranging in size from 31,000 sf to 102,000 sf.
Spaulding & Slye Colliers Bailey and associate Kristin O'Shea negotiated the transaction of behalf of the building owner, Rreef. CB Richard Ellis VP Matthew Flaherty and senior associate Lindsay Guagnini represented Sunrise Medical.
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