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R.W. Holmes Negotiates Two New Lab Leases

R.W. Holmes negotiates two new lab leases in Waltham and Woburn, MA, totaling 11,194 square feet.

Blue Martin Laboratories, a biomedical company specializing in the development of innovative healthcare methods, leased 5,385 square feet of lab space at 100 Trade Center in Woburn. R.W. Holmes, Vice President Mike Ogasapian represented the tenant in the transaction. Mike Truesdale of Cummings Properties represented the landlord, Cummings Properties.

Quantum Diamond, which has developed atom-sized quantum sensors in diamonds, functioning under the hardest conditions, leased 5,811 square feet of lab space at 1466 Main Street in Waltham, MA. R. W. Holmes, Director of Corporate Services Elizabeth Holmes, and Managing Director Dean Blackey represented the landlord, Legacy Real Estate Ventures. James Tambone of Lincoln Properties represented the tenant in the transaction.

“There is a growing demand for lab space ranging between 5,000 and 15,000 square feet across Greater Boston,” said Ms. Holmes. “Despite a slight slowdown in the Life Sciences market, demand for small labs remains strong.”

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