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67,000 SF New Spec Building in Raynham Fully Leased Before Completion

Nine leases for Ryan Industrial Park’s 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham making it fully leased before completion.

Among the recent leases signed that brought the building to full occupancy was a lease with Floors & Walls for 13,000 square feet. Other new tenants include Mike’s Music, Central Glass, Calise & Son’s Bakery, and Mass Drifters.

In all nine transactions, R.W. Holmes Vice President Bob Strelke represented the tenants and landlord, Ryan Industrial Park.

“In the Route 24 Market, there was an unmet need for users looking for space in the 5,000-15,000 square feet range,” stated Strelke. “We were pleased to work with an owner who recognized this and developed a quality product.”

The park includes 170,000 SF of space in 3 separate buildings on 20 acres with easy access to I-495 and Route 24.

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