Ron Friedman, with Richards Barry Joyce & Partners, tells GlobeSt.com that the single tenant property offered the firm a higher profile identity in a location that would allow for the easy recruitment of new employees as it ramped up its business. Proven Process, which designs, develops and manufactures medical devices, also has the option of expanding at its new location. Previously, the company was located in about 20,000 sf at 141 Washington St., in Walpole.
Terms of the lease were not disclosed but Friedman says similar space in the Mansfield area rents for between $10 and $12 per sf net.
Friedman, along with colleagues John Lashar, and Michael Frisoli represented Proven Process. The landlord, AMB Corp., was represented by Jim Nicoletti and Steve Clancy, with CB Richard Ellis' Boston office.
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