Denise Geroir, leasing coordinator of Everest Partners LLCrepresented the firm, which owns the property, in the transaction,while Robert Maguire Sr., vice president at CB RichardEllis/Whittier Partners represented Velquest. He says it chose itsnew location over other potential locations for its proactivebuilding ownership, location and attractive leasing package.
The building is fully occupied by a number of other tenantsincluding AAA Data and Networking, the Bil Ray Group, InternationalMachine Resource, Control Technology Group and Body & BeyondFamily Wellness Center. Lease rates for this deal were notavailable, but the average asking rent for flex space in the arearanges from $7 to $10 per sf.
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