The aggregate value of the agreements is just short of $3million, according to Jay Nugent, assistant vice president in theBoston office of Spaulding & Slye. Nugent and senior vicepresident Alex Dauria represented the owner in all fournegotiations.

"The building is now 90% occupied," Nugent tells GlobeSt.com,and he attributes that recent gains to the new ownership, "whichhas been extremely proactive and responsive to prospectivetenants." The new leases are: 6,068 sf for CTC Communication Corp.,4,725 sf for Mercator Advisory Group, 5,633 sf for Avitage, and8,546 sf for Software Spectrum. The two-story, 61,000-sf buildingis located off Rte. 117, west of Rte. 128.

The average asking rental rate among all classes of officebuildings in this 128/Massachusetts Pike submarket is $24.90 persf, according to first-quarter data from Spaulding & Slye. Thesubmarket commands the highest office rates among all suburbanBoston locations. Spaulding & Sly is a member of the Jones LangLaSalle group.

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