X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WILMINGTON, MA-Four industrial/warehouse leases totaling 84,111-sf of space have been signed in two buildings owned by the Irving, TX-based Archon Group LP.

Federal Express has taken 39,727 sf–the entire building–at 10 Cornell Place, a one-story industrial building located near Route 93. Mayo Medical has leased 28,229-sf at 265 Ballardvale St., a one-story, 72,000-sf industrial building that is also located near Route 93. Opto-line Associates took 9,750 sf in the building while Directory Distribution Associates took 6,405 sf. Details of the leases have not been disclosed.

Torin Taylor and Jason Levendusky, directors at the Boston office of Insignia/ESG, represented Archon Group in the transactions. Taylor notes that the leases strengthen Archon’s portfolio in the area as well as enhance its tenant diversity. “Having internationally recognized companies like Federal Express and Mayo together with smaller regional companies provides Archon with a stable tenant base, which is very beneficial in the state of the current economy,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.