Spaulding & Slye Colliers principal Debra J. Gould andassistant vice president Jeremy M. Roy represented Hood BusinessPark LLC, and their development partner Nordic Properties. Seniorvice president Francis X. Durand and assistant vice president RogerW. Breslin of Meredith & Grew Inc./ONCOR Internationalrepresented the Visiting Nurses Association. Lease rates for thisdeal were not available but the average asking rent for officespace in the area is about $22 per sf.

"Hood Business Park has proven to be a perfect combination oftop-quality, affordable space with a wide range of desirableamenities in a pleasant campus setting," says Linda A. Britt,manager of facilities and administrative services for the VisitingNurses.

The 309,000-sf 500 Rutherford is the first completed phase ofHood Business Park. The building is currently 90% leased to tenantsincluding the Design Partnership of Cambridge, Personal HealthTechnology, Boston Datacenters, UPS, AEI Danzas, and Nextel. HoodBusiness Park is a 1.2 million-sf mixed-use complex/urban businessenvironment comprised of four existing first-class office/researchand development buildings with four additional buildings planned aspart of the master plan.