News: Spotlight Content

New England SIORs handle 483,355 s/f during winter of 2009

The New England SIOR Chapter members during the winter of 2009 completed a number of major advisory and transactional assignments. Corporate America and regional tenants indicated the SIORs are the premium brokers in the commercial/industrial New England real estate markets whom they entrust for expert knowledge and skills. The winter of 2009 experienced approximately 483,355 s/f of commercial real estate valued at approximately $128,886,180. Congratulations to all the New England SIOR members! * Peter Hayes, SIOR of Hayes and Sherry represented Robinson & Cole in the office lease of 4,500 s/f at One Financial Plaza, Providence, R.I. * Gerry Surprenant, SIOR of MG Commercial leased 8,880 s/f of office space to Vector Software at Greenwich Medical & Office Park, E. Greenwich, R.I. Surprenant also completed the sublease of 29,000 s/f of office space to Health & Wellness Institute at 291 Promenade St., Providence, R.I. * Rob Nahigian, SIOR of Auburndale Realty Co. represented Ciena Corp. in the office lease of 45,855 s/f at 35 Nagog Park, Acton. * Mark Stevens, SIOR of The Stevens Group assisted LeMaitre Vacular in its lease renewal of 27,500 s/f of office space at 63 Second Ave., Burlington. * John Hennessey, SIOR of GVA Thompson Hennessey represented Acosta Sales & Marketing Co. in its renewal of 88,870 s/f at 130 Lizotte Dr., Marlboro. * Greg Klemmer, SIOR of Klemmer Assoc. represented Ophthalmic Research Associates in its new lease of 28,770 s/f at Brickstone Square, Andover. * Jim Boudrot, SIOR of NAI Hunneman represented Silverlink in its office lease of 26,572 s/f at One Burlington Business Center, Burlington. * Garry Holmes, SIOR of RW Holmes represented Firmin Avenue Joint Venture LLC in its leases to Update Logic, ViryaNet and Trigent Software totaling 17,657 s/f at 2 Willow St., Southboro. Holmes also represented BJ's Wholesale Club in 4 leases at the Natick Business Park totaling 56,400 s/f. He also represented MathWorks, Inc. in its lease of 44,000 s/f at One Apple Hill, Natick and 22,032 s/f at Cochituate Place, Natick. * Chris Tosti, SIOR of CBRE represented Capital Group Properties in leasing 9,183 s/f of office space to Kenney & Sams PC at 134 Turnpike Rd., Southboro. * David Connolly, SIOR of CBRE represented RCG in its transaction with Leap Year Publishing for 9,000 s/f at East Mill, 21 High St., N. Andover. * Neil Amper, SIOR of Rodman RE represented East Greenwich Office Associates in its purchase of 7,200 s/f former E. Greenwich Photo and Studio building at 631 Main St, E. Greenwich, R.I. The purchase price was $1 million. Amper also leased 15,000 s/f of warehouse at 101 Circuit Dr., N. Kingstown, R.I. to Ring Power of St. Augustine, Fla. * Jim Elcock, SIOR of Colliers Meredith & Grew represented BioEnergy International in its 7,008 s/f at 42 W. Cummings Park, Woburn. Elcock also represented KS Partners in the leasing of 22,497 s/f for a new office to Turbine, Inc. at Dedham Executive Center, Dedham, He also leased 13,835 s/f of executive offices to Hebrew Senior Life at 300 First Ave., Needham. * Stag Capital Partners, an SIOR affiliate received $80 million financing from Citizens Bank and Bank of America to finance the company's acquisition of its fourth realty investment fund, composed of warehouse, flex, manufacturing and office building properties.
MORE FROM Spotlight Content

Check out the New England Real Estate Journal's 2025 Fall Preview Spotlight

NEREJ’s Fall Preview is Out Now!
Explore our Fall Preview Spotlight, featuring exclusive Q&As with leading commercial real estate professionals and in-depth byline articles on today’s most relevant market topics. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape this fall.  
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

30 years on South Coast Rail: A journey to connect Southeastern Mass. with commuter rail - by Rick Carey

On March 24, 2025, a dream more than three decades in the making became a reality with the launch of the Massachusetts Bay Transportation Authority’s (MBTA) South Coast Rail commuter service. This milestone marks the completion of a project that overcame numerous starts and stops, including changes in leadership
Shallow-bay wins on 495/128:  A renewal-driven market with a thin pipeline - by Nate Nickerson

Shallow-bay wins on 495/128: A renewal-driven market with a thin pipeline - by Nate Nickerson

The Boston industrial market entered mid-2025 in a bifurcated state. Large-block vacancy remains elevated, while shallow-bay along the 495/128 corridor continues to prove resilient. Fieldstone’s focus on this geography positions us squarely in the middle of a renewal-driven, supply-constrained
How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

How do we manage our businesses in a climate of uncertainty? - by David O'Sullivan

These are uncertain times for the home building industry. We have the threat of tariffs mixed with high interest rates and lenders nervous about the market. Every professional, whether builder, broker, or architect, asks themselves, how do we manage our business in today’s climate? We all strive not just to succeed, but
How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

How long should I hold a property for it to qualify as an investment property in connection with a 1031 tax-deferred exchange? - by Brendan Greene and Mark McCue

Internal Revenue Code (IRC) Section 1031 provides “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held