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WOBURN, MA-According to sources, Burlington, MA-based Epsilon is looking to move its headquarters into a 140,000 to 150,000-sf of class A office space. Sources say, DTZ FHO has been hired to rep them and that Woburn, MA is their first choice, keeping them in the North 128 submarket.

Mark Roth, executive director at Cushman & Wakefield in Boston tells GlobeSt.com, “If they’re looking in Woburn, they have options of Cummings Property’s new building, or you could do a build-to-suit at Metro-North Corporate Center.” Metro-North has the permitting and space available to do a build-to-suit for Epsilon, Roth explains. If they are looking specifically in Woburn, then Presidential Woods could also be a possibility, he remarks. “If they’re looking for that amount of space in Woburn, they have those three options.” Roth and Cushman & Wakefield are not associated with this deal.

The Cummings Property is the newly completed TradeCenter 128. It has 400,000-sf of class A office space on Route 128 / I-95. The building is pre-certified for a LEED Gold Level. The MetroNorth Corporate Center is a 570,000-sf business park of class A office space. Located at 200 Presidential Way, the facility offers amenities ranging from a full-service cafeteria to a fitness facility. Presidential Woods, as previously reported by GlobeSt.com, is being redeveloped by Campanelli Companies and Richards Barry Joyce & Partners to house 166,000-sf of class A office space.

There has been a lack of activity in the North 128 submarket and Boston market coming into Q3. “That 128 north market–where Woburn is–there’s been an increase in supply, added to the market ” Roth adds. “ both in Woburn and in Burlington. So the market has to work its way through that.”

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