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The North Team Negotiates Three Leases Totaling 30,359 SF in Billerica

The North team recently negotiated three leases totaling 30,359 square feet of space at Forest Ridge Office Park, 85 Rangeway Road in Billerica, MA.

Meta Materials Inc., a developer of high-performance functional materials and intelligent surfaces that are scalable, sustainable, and efficient, leased 12,655 square feet. R.W. Holmes Vice Presidents Jim Bartholomew and Mike Ogasapian represented Meta Materials and the owner, K&L Realty.

ATE Systems Inc., a technology innovator and a premier developer of microwave, RF, and high-speed test systems, leased 4,826 square feet of space. Bartholomew and Ogasapian represented both the tenant and landlord.

Worldwide Tech Services, an information technology company, leased 12,878 square feet of space. Bartholomew and Ogasapian represented the landlord in the transaction. Chris Curley of Hunneman represented Worldwide Tech Services.

R. W. Holmes serves as the exclusive leasing agent for the building, located inside Forest Ridge Business Park, a 3-building campus totaling 150,000 SF of office, flex, and lab space minutes off Route 3. Each of the buildings are 50,000 SF on two floors and have robust power, loading, and multipurpose capability.

 “We’re very pleased to secure three tenants at 85 Rangeway Road. They’re fast-growing technology and IT service companies,” said Ogasapian. “On behalf of the landlord, we would like to welcome them all to Forest Ridge.”

Noteworthy Transactions

Albemarle Gardens, a 112-unit multifamily community in Newton, MA, sold for $29,550,000

Mattress Firm expands in Massachusetts with a 142,000 SF lease in Franklin

Boston Dynamics and SnapDragon Chemistry take 75,000 SF of lab/R&D space in Waltham Research Park 214,356 square feet making Waltham Research Park 100% leased

R.W. Holmes represents MathWorks in the $16.7M, 107,000 SF acquisition of Cochituate Place, Natick

R.W. Holmes takes 55% leased 130,000 SF Class A Office building to 95% leased at 55 Old Bedford Rd in Lincoln for owner Real Capital Solutions, Denver

R.W. Holmes fully leases a 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham, before completion

R.W. Holmes represents The MathWorks in Los Angeles, Maryland, and Michigan expansions

Sold 2 & 3 Apple Hill, Natick for Met Life $50,000,000

R.W. Holmes Realty represents Coca-Cola in securing a new 90,000 SF building in Westborough

Sold 403 acres of land for Alstores Realty Corporation to Paramount Development (subsidiary Perini Corp.) which was developed as the Raynham Woods Commerce Center