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R.W. Holmes Brokers 58,500 SF Industrial Lease in Haverhill

We are pleased to announce the new lease of 58,500 square feet of industrial space at 66 Newark Street, Haverhill, MA.

R.W. Holmes Senior Vice Presidents Mike Ogasapian, SIOR, and David Gilkie, SIOR, CCIM, represented the landlord, Leewood Realty, led by Peter Schwarz. The tenant, Frame My TV, was represented by JLL’s Jamey Lipscomb and Rob Mahoney.

“Given the amount of new construction in the industrial market, we knew 66 Newark had to differentiate itself as a build-to-suit opportunity. We advised Leewood to offer the project for lease with the option to purchase as we knew this would be compelling to would-be owner users looking for new generation product. We could not have found a better fit with Frame My TV, a local manufacturer that will have a home for years to come in where it all started for them,” said Mike Ogasapian.

Located in the heart of Haverhill’s industrial corridor, 66 Newark Street offers modern, high-bay warehouse and manufacturing space designed to meet the needs of today’s industrial users. The transaction reflects continued demand for high-quality, customizable industrial product in the Greater Boston market.

Kevin Hancock, Founder of Frame My TV noted, “Haverhill was built on craft and industry. Our story began in one of the historic mills for our first 14 years until growth took us to Methuen. We’re proud to return by bringing our manufacturing back to the city and investing in building a state-of-the-art facility where it all started—keeping jobs local and continuing the tradition of American-made excellence.”

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