"The expansion integrates well with our operations and positionsus for our current and future growth," says BRT president GlenKashgegian in announcing the agreement. Owned by KS Partners, 110Fordham Rd. is directly off Interstate 93, sandwiched between theRoute 128 and I-495 interchanges.

Formerly Pre-Owned Electronics, BRT has been at the park for ayear. KS Partners EVP Robert Macnamara cites a solid, functionalbuilding and its management for securing BRT. "The propertyconforms to a standard of excellence required by growingcompanies," says Macnamara, whose firm bought the 300,000-sfcomplex in March for $26 million. BRT broker Thomas Aitken alsopraises the park and its landlord. "They really worked hard withBlue Raven to get a deal done," says Aitken, calling the decision"a logical choice" for his client. BRT has extended its pact into2014.

"It's a very nice, single story building that works well forthem," says Aitken, an NAI Hunneman Commercial Co. SVP who has beencovering the Wilmington market since the early 1990s and reportsthat 2007 has seen an encouraging rebound. "It's a recovery that isreally being helped by the strength of Route 128," explains Aitken,with escalating rents pushing prospects to outer alternatives. EvenWoburn is heating up enough to spur thoughts of migration north,says Aitken. A rise in amenities such as increased retail is makingI-93 North more appealing as well, says Aitken, who recalls thesubmarket's darkest days in the 1990s when a 50% vacancy ratehaunted local landlords.

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