"We're pleased the New England State Police InformationalNetwork has decided to sign on at our property in Franklin," saysAlexakos in a prepared statement. "Our dedicated team hascontinually worked to maintain the standard of excellence thisasset offers to the marketplace." That diligence and the experienceof the building's management team directly resulted in Nespin'sselection of Franklin Oaks after considering multiple options inthe region, says Alexakos. The tenant was represented in its spacesearch by CBRE/New England principal Rob Walles.

The Nespin lease is a five-year deal. Participants did notdivulge financial details of the transaction, but Aegean Capital ismarketing the space at Franklin Oaks in the $18-per-sf range, ahealthy rate for the Interstate 495 belt.

The lease brings occupancy above 80%, and Alexakos says he isencouraged by the level of interest for the remaining space, whichis being offered sub-dividable to 2,700 sf. The building's averagefloor plate is just under 36,000 sf.