Milford, Massachusetts – March 7, 2018 – SVN® | Parsons Commercial Group | Boston announced the completion of a 7,500-SF lease at 1 Maple Street in Milford, Massachusetts, a 23,500 square foot office building located in the Birch Street business area.
Commercial Real Estate Advisor, Marilyn Santiago and Vice President, Victor Galvani of SVN® | Parsons Commercial Group | Boston have been marketing the property to attract companies looking for space that offers a combination of open space and private offices and are move-in ready. “We are at almost 100% occupancy after an aggressive campaign with one suite left,” commented Santiago.
Recently, Kennedy-Donovan Center leased the entire top floor of the building for their Metrowest regional offices. KDC is a human service agency providing a wide range of direct and supportive services to families throughout Massachusetts and Connecticut. KDC serves 160 communities and employs over 550 people.
The building has attracted a solid mix of tenants from technology firms, medical services to general office. 1 Maple Street provides an overall great tenant package to companies. The property is well maintained with local and hands on property management and ownership; it is located within an active business center that includes thriving companies such as: Amazon, Waters Corporation, Tri-County Medical Associates, Invacare, Baxter Healthcare, SeraCare Life Sciences, Salmon Health and Retirement and more; provides almost 100 parking spaces; and well located just minutes to Route 495 (Exit 19). This same corridor of Milford has seen an increase in retail activity, amenities and improvements after a $20 million investment by New York City property manager RD Management at Milford Crossing. Milford Crossing now provides area businesses and buildings like 1 Maple Street convenient amenities in a modern shopping plaza. Retailers at the center include: Stop & Shop, Starbucks, TJ Maxx, Home Goods, Red Heat Tavern, Chipotle and more to come.
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