SVN® | Parsons Commercial Group | Boston announced the completion of a lease at 5 Condon Way in Hopedale Massachusetts, a 3,000 square foot industrial warehouse facility. Commercial Real Estate Advisor, Marilyn Santiago, represented the tenant, Precision Stability Storage (PSS) in the transaction.
Precision Stability Storage, headquartered in North Carolina, is expanding its geographic presence with the opening of a new facility in Hopedale, Mass. Located just west of Boston, the facility is strategically placed to serve the entire Northeast.
Precision Stability Storage provides off-site stability storage for products that require International Council for Harmonisation (ICH) – specified environmental conditions. PSS is a storage only facility utilized by both the product manufacturer and companies that are contracted to provide testing for the product.
“It was a team effort between all parties involved. We had very specific requirements due to the nature of the business. The landlord/owner, Fran Marcoux, was extremely diligent and collaborative in the design of the build out, which proved to be essential to us,” commented Jeff Plugis, of PSS New England.
“5 Condon Way is a hidden gem. You get a quality product, new construction, hands-on ownership, 3 miles to Route 495 and equidistant to Interstate 90 or 95, commented Commercial Real Estate Advisor, Marilyn Santiago.”
5 Condon Way is brand new 12,000 square foot facility. The spaces are built to suit and can be office, industrial or flex, depending on the tenants’ needs. “The customization of the space was a deciding factor in choosing this location,” added, Marilyn Santiago. “There are few suites still left ranging from 1,500 to 6,000 square feet.”
SVN | Parsons Commercial Group |Boston is a commercial real estate firm based in Framingham, Massachusetts. The company is a leading provider of commercial real estate services including, leasing (tenant and landlord representation), investment sales, property management, development and construction management services. For more information visit: www.parsonscre.com