Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CANTON, MA-Vermont Pure Holdings, Ltd. is taking 23,966-square-feet at 95 Shawmut Rd. for a five-year lease. The bottled water purveyor will take space in the 84,000-square-foot office/R&D as Massachusetts office and distribution center. The building, one of 24-buildings in the Shawmut Business Park, commands $9.95 per square foot, as per the office park’s website, although the terms of the lease are confidential.

Vermont Pure Holdings acquired assets of Blue Hills Sparing Water Company, Inc., located in Quincy. Previously, Vermont Pure had been operating a distribution center for one of its other labels out of South Borough, Matthew Morgan, associate at Parson Commercial Group tells Globest.com, but after the acquisition of Blue Hills, found it more efficient to merge the facilities at a midway point here.

“With Vermont’s recent acquisition of additional market share in the Boston Area, securing 95 Shawmut Rd. was an outstanding opportunity to strategically reorganized their distribution operations, says Morgan in a release. “All of this combined with the building’s superior quality and strong ownership group, made for an easy decision.”

While the property was acquired in 2007 by Hall Royce Shawmut Road LLC in a $5.7-million deal with Leggat McCall Properties. Currently, the rest of the building–roughly 59,000 square feet–lie vacant, ready to be leased. Morgan of Parsons Commercial repped Vermont Pure, while Steve Clancy of CBRE represented the owner in the deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.