"It was a logical place for them to expand," says Trammell Crow's Eric Foster, noting that both transactions keep the firm near its world headquarters.Terms of the leases were not disclosed, but Foster says similar space in the Marlborough area leases at rates of $17 to $19 per sf gross.

Foster, along with Joseph Fallon and Sue Donovan, also with Trammell Crow, handled both leasing arrangements for the tenant. Michael Frisoli, John Lashar and Paul Leone with Richard Barry Joyce &Partners handled the negotiations for both property owners.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.