(Read more on the industrial market.)
FRANKLIN, MA-Complementing a series of recent building sales atthe Franklin Industrial Park, a Fortune 500 tenant has signed oneof suburban Boston's biggest commercial lease agreements of 2007 inthe 210-acre, master-planned development. Owens & Minor renewedfor 227,000 sf at 135 Constitution Blvd., a 20-year-old warehousefacility owned by Invesco Real Estate.
"This transaction works out well for both Invesco and Owens& Minor, who have built on an already strong businessrelationship," says broker John Lashar of Richards Barry Joyce& Partners. The Boston-based real estate services firmnegotiated terms on behalf of the landlord, an assignment handledby Lashar, VP Paul Leone and Associate Robert Byrne. The tenant wasrepresented by Ken Boyd of Jackson & Cooksey.
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