Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

WALTHAM, MA-Rhytec Inc. will relocate its corporate headquarters into 32,000 sf of office, warehouse and distribution space at Stony Brook Office Park here. The move will increase the company’s size nearly sixfold.

David Boyle, with Trammell Crow Co.’s Boston office, tells GlobeSt.com that the company, which develops technologies for the dermatological, plastic and cosmetic surgery markets, opted to add a warehouse and distribution center to its operation which contributed to the growth and prompted the firm to look for a new location. The company occupies about 4,500 sf at its current headquarters at 1000 Winter St. in the Bay Colony Corporate Park.

“They were able to get a class A office component complemented and supplemented by a warehouse-and-distribution component along with a very aggressive rate” at 130 Turner St., Boyle says. Terms of the five-year lease were not disclosed but he says rents in the park, which is about 80% leased, average in the low to mid $20s per sf.

Boyle, along with John Boyle, also with Trammell Crow, handled the transaction for the tenant. Alex Dauria and Jay Nugent, both with Spaulding & Slye, represented the owner RP/Saracen Properties.

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?


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.