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NAI Hunneman’s Leasing & Advisory Services Group completes 19,100 SF in lease transactions at 346 Vanderbilt Avenue

09/25/2017

Minnerly, Osvold & Hannigan represent landlord in a new lease and a lease renewal at flex building in Norwood

BOSTON, MA - NAI Hunneman recently completed two lease transactions totaling 19,100 SF at 346 Vanderbilt Avenue in Norwood, MA. Home automation technology company, NewBox Solutions LLC, based in Los Angeles, CA signed a 9,200 SF lease for a new Massachusetts location; while global medical technology company Hill-Rom Company Inc. renewed their lease for 9,900 SF.

Executive Vice President Cathy Minnerly, Vice President Ovar Osvold, and Associate Sean Hannigan represented the landlord, Park Lane Realty Trust, in the transactions, while NewBox Solutions was represented by Tony Caner from Newmark Knight Frank, and Hill-Rom was represented by Rick Robinson from Thompson Hennessey & Partners.

“The office/warehouse ratio was ideal for NewBox’s operations, as was the five loading docks that came with the space,” said Minnerly. “Plus, the prime location just off Route 1 and easy access to Interstate 95 made the building the perfect spot for their first operation in Massachusetts.”

346 Vanderbilt Avenue is a 65,200 SF office/flex/warehouse building located just off of Route 1 and less than one mile from Interstate 95. The property features 16-foot clear heights, 30’ x 35’ column spacing, wet-sprinkler systems, along with municipal water and sewer.

About NAI Hunneman:

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit naihunneman.com.

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