Built in 1967, 21 East St. is a single–story, 40-000-sf flex/manufacturing facility that has two loading docks and a ceiling height of 16 feet, 9 inches. With the new lease, the building is now 100% occupied. The Route 128 North market for manufacturing space is running an overall vacancy rate of just over 10%, with average rents at $6.21 per sf, according to a Cushman & Wakefield fourth quarter report.
Paul Delaney of Burgess Properties, Inc. represented the tenant. David Gilkie, VP of Norblom Corfac International, represented the owner Bay State Realty LLC.
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