MARIC, Inc. Executes 23,359 SF Deal at New England Business Center, Andover
Monday, December 2, 2013
MARIC, Inc. Executes 23,359 SF Deal at
New England Business Center, Andover
MARIC, Inc. and CBRE/NE secure new tenant
BOSTON (Dec. 2, 2013) — On behalf of MARIC, Inc., a Needham-based owner, manager and developer of real estate in the Greater Boston area, CBRE/New England announced that a new lease has been signed at New England Business Center in Andover, Massachusetts. TASC, Inc., a private defense contractor based in Chantilly, VA, will occupy 23,359 square feet at 35 New England Business Center in July 2014.
CBRE/New England’s Kerry Olson Hawkins, First Vice President, represented the landlord in the transaction. DTZ’s Chethan Rao of the Washington, D.C office represented TASC, Inc.CBRE/NE also represented Blackberry, Inc., whose sublease was terminated in order to accommodate TASC, Inc.’s space requirements.
“Situated just 25 miles north of Boston, New England Business Center is a distinctive office park with terrific accessibility and a number of on-site amenities,” said CBRE/NE’s Hawkins. “We are confident that TASC’s operations are well-suited for this environment.”
New England Business Center is a four-building, 237,000 square foot master-planned office park. The park encompasses 42 acres of land and features views of the Merrimack River and a natural wooded surrounding. MARIC, Inc. has owned and managed the park since December 2012. Amenities include an on-site Little Sprouts Daycare, a cafeteria and fitness room with showers and lockers; a full-service Marriott Courtyard Hotel and Wyndham Hotel are adjacent to the office park. The park is ideally situated at the junction of Interstate 93 and River Road and is just minutes from Interstate 495 and Route 128. New England Business Center offers proximity to southern New Hampshire and convenient access from Boston.
About CBRE/New England
CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2012 revenue). The company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.