"It's a nice boost of momentum to jumpstart the second quarter,"says Cushman & Wakefield senior director J.P. Plunkett, whorepresented Axeda and the building owner in the Taunton lease inpartnership with C&W senior director Cathy Minnerly andassociate Jason Bryer. The Foxborough arrangement for office/flexspace actually involved two deals, one a direct lease of nearly15,000 sf and the other a sublease of an abutting block for another10,000 sf. The latter was a fortuitous situation, says Plunkett,given that Axeda had been preparing to move to accommodate recentgrowth when the space occupied by MedQuist became available.

For the client, "The best solution became staying right wherethey were," Plunkett tells GlobeSt.com, adding the strong ownershipof AMB Property Corp. and National Development was another plus forthe tenant, a security-focused technology company. CBRE/New Englandprincipals Steve Clancy and James Nicoletti represented the ownerof the eight-year-old Forbes Boulevard building, in the CabotBusiness Park.

Jones Lang LaSalle was agent for Columbia Electric Supply in the250 Revolutionary Way lease, with the Brockton-based companyrelocating its Taunton operation to the just-completed 140,000-sfdistribution/warehouse building. The C&W team is exclusivelisting agent for the project, which was built on spec by CondyneLLC and Greenstreet Real Estate Partners LP. There is presently oneother tenant committed to 250 Revolutionary Way, with more than77,000 sf available, but Plunkett says activity is robust enoughthat occupancy could reach 90% by mid-year, citing both strongdemand for modern product and a design that allows the building tobe subdivided into 25,000-sf increments.