The firm is renewing and expanding its headquarters operationsat 9 Oak Park Dr. and, in a separate deal, is taking a smallerspace at 7 Oak Park Dr. for a customer support center. "It is greatto see a Massachusetts company succeed and grow here," DTZ FHOPartners principal Michael Dalton says of the tenant. Dalton joinedFHO Partners colleagues Brian Hines and Tom Kent in negotiatingboth leases on behalf of Insulet.

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The DTZ FHO team initially helped Insulet assume the 9 Oak ParkDr. sublease from Corning Inc. in 2004 and, subsequently, strike adirect pact, which was set to expire next year, with building ownerWilliam J. Callahan. DTZ FHO last autumn also brokered Insulet's14,000-sf lease at a Progress Road building in Bedford. "All threedeals are key to our continuing expansion and success," saysInsulet VP Kevin Schmid, praising DTZ FHO for its performancethroughout their extended relationship.

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David L. Pergola negotiated lease terms for the owner of 9 OakPark Dr. while Tyler Spring and Tamie Thompson, both with JonesLang LaSalle, represented Gale International for Insulet's lease at7 Oak Park Dr.

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The enclave of commercial space is sandwiched between theMiddlesex Turnpike and Route 3, just a bit north of Route 128. Thearea is close enough to that roadway for DTZ FHO Partners toinclude Bedford as part of the Route 128 Central belt in itssuburban market review.

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In the latest version of that report, DTZ FHO Partners shows asolid start for Bedford's flex and office market, estimating 90,000sf of positive net absorption during the first three months of thisyear. That compares favorably to negative net absorption of 63,000sf for Route 128 Central overall in the survey of 39.6 million sf.Bedford had higher absorption than every other community in thesubmarket and was among just five of the 12 surveyed that was ableto register positive absorption for the quarter. The leasingactivity helped Bedford drop its vacancy rate from 20.3% to18.2%.

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