Debra Lee Stevens, CCIM, principal of GVA Thompson DoyleHennessey & Stevens, represented Brown Publishing. PeterRichardson of Spaulding & Slye Colliers represented theproperty owner.

"Relocating to Sawyer Road will provide Brown Publishing a morecohesive workplace which will foster creativity and communicationamongst our employees," says Mark S. Brown, vice president offinance and administration at Brown. Brown Publishing Networkdevelops instructional materials utilized by educationalpublishers.

According to Trammell Crow Co.'s most recent statistics, theoverall availability rate in Waltham is still at a high of 35%.Average asking rent for office space in the area is at about $22per sf. Spaulding & Slye Colliers' mid-year report indicatesthat while the market is showing signs of stabilizationavailability rates won't come down significantly until there is asurge in the overall job growth. The report predicts that themarket will probably not see rent increases over the next six to 12months.