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MARLBOROUGH, MA-Another fresh face from the business world is landing here thanks to landlord Great Point Investors, which has signed a lease with Brookfield Power for more than 28,000 sf at 200 Donald Lynch Blvd. The Toronto-based company is establishing a new office in the Massachusetts market and settled on the three-story 120,000-sf property in the Solomon Pond Office Park.

“It’s a real boon for the park,” says Richards Barry Joyce & Partners broker Paul Leone, whose firm is exclusive listing agent for 200 Donald Lynch Blvd. Leone joined RBJ principals Brian McKenzie and John Lashar in negotiating the deal for Great Point, having also represented the firm in its recent lease of nearly 60,000 sf to Netezza at 26 Forest St. in Marlborough’s Lake Williams Corporate Center. Announced in the January 30th edition of GlobeSt.com, the Netezza lease was also a coup for the city, having lured Netezza away from Framingham.

Constructed at the start of the decade, 200 Donald Lynch Blvd. has the amenities and infrastructure needed to attract top-flight companies such as Brookfield, says Leone, particularly since the hydroelectric power company is in need of a highly skilled labor force. “In a competitive environment for hiring, you need to have a work environment that not only allows you to recruit people, but to retain them as well,” says Leone. And while the Interstate 495 West office market centered by Marlborough does have plenty of space available, Leone says truly class A options are rather limited, helping bolster interest in 200 Donald Lynch Blvd. “We’re encouraged,” says Leone, with several users in the area scoping for modern space. “The activity has been really good so far.”

Besides a fitness center and other amenities, 200 Donald Lynch Blvd. features efficient 40,000-sf floor plates that Leone say are making it economical for Great Point to subdivide. “The building was well thought out,” he says. Terms of the lease were not disclosed, and Leone could not say when Brookfield will be able to relocate into its new space. A subsidiary of Brookfield Asset Management Inc., the firm is currently operating from a temporary space at the park.

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