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R.W. Holmes & CBRE Lease 75,000 SF at Forest Ridge Park, Billerica

Posted by Anne on April 16, 2009

R.W. Holmes Realty Co., Inc. is pleased to announce that American Power Conversion (APC) has extended their lease for 75,000 SF at Forest Ridge Park, 85 Rangeway Road in Billerica. APC is leasing all of building two and one-half of building three.

In 2007, Schneider Electric acquired APC and formed the Critical Power and Cooling Services (CPCS) Business Unit, which includes the APC and MGE UPS Systems brands. The CPCS Business Unit reported revenue of $3.5 billion in 2007 and employs 12,000 people worldwide. Schneider Electric, with 112,000 employees and operations in 190 countries, had 2007 annual sales of $25 billion

K&L Realty is the owner of Forest Ridge Park which includes three buildings totaling 150,000 SF.

Jason Levendusky & David Connolly of CB Richard Ellis represented APC and Garry Holmes, SIOR and Bill Sullivan of R.W. Holmes Realty represented K&L Realty.

About R.W. Holmes Realty

Since 1976 R.W. Holmes Realty has served the local, national, and international real estate needs of corporations as well as commercial property owners.  R.W. Holmes specializes in property leasing, investment sales, tenant representation, consulting and asset management.

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