FRANKLIN, MA—Tech firm EMC Corp. has signed amajor industrial lease renewal here. The Hopkinton,MA-headquartered company inked a renewal for the entire192,000-square-foot building at 109 ConstitutionBlvd.
The deal was announced by brokerage firm Transwestern |RBJ. EMC was represented in the transaction byJack Burns and David Ross ofCresa Boston. Transwestern | RBJ PartnersJohn Lashar and Paul Leone, alongwith Leasing Associate Danielle DeMarco,represented the building ownership, TIAA-CREF,which also owns the adjacent 111 Constitution Blvd. property.
“The warehouse market has fared very well the past few years andmost of the activity has been driven by newer, high-bay buildingssuch as 109 and 111 Constitution Blvd.,” says Lashar. “The centrallocation of Franklin Industrial Park is also a major factor in thebuildings' success in the market. We are pleased to retain anexcellent tenant like EMC.”
Continue Reading for Free
Register and gain access to:
- 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
*May exclude premium content
Already have an account?
Sign In Now
© 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.