Richards Barry Joyce & Partners

BOSTON – December 22, 2009 – Vacancy in Greater Boston’s commercial real estate office market edged up 0.5% to 15.5% since last quarter and average asking lease rates dropped by $0.24 to $35.54, according to a new research publication by Richards Barry Joyce & Partners: officeSTATus – Winter 2010.

Additionally, during the closing quarter of 2009, Greater Boston’s office market experienced 421,000 square feet of negative absorption. While Class A asking lease rates dipped it is notable that the rate of decrease has deteriorated significantly. This quarter’s decrease of 0.7% in asking lease rates compares to a 3.4% average decrease during the preceding four quarters. In certain bellwether areas – the Financial District, East Cambridge and Waltham – lease rate declines have materially slowed or halted.

This quarter’s “Market Interesting” section delivers a significant finding. During the current economic slowdown, negative news has dominated the commercial real estate market, with a major focus on decreasing real estate values and lease rates. However, many tenants with 3-7 year leases expiring now may find themselves looking at rents that are higher than when they signed their current agreement.

“Although the findings don’t show a turnaround in the commercial real estate market, it’s good to see the slowdown in the rate of decline in the asking lease rates,” said Brendan Carroll, vice president of research, Richards Barry Joyce & Partners. “This is positive news that gives us some level of optimism as we head into 2010.”

officeSTATus is written for commercial real estate decision-makers and market watchers. While filled with accurate statistics, insightful research and engaging analysis, the report is designed to be quickly read and easily understood. The publication begins with an executive summary that provides highlights of the quarter, followed by the “Economy & Real Estate” section, which places the quarter’s data into a broader economic context. Each major submarket – Boston CBD, Cambridge, Route 128 and Route I-495 – has a page devoted to specific findings for that area. The pertinent market statistics (vacancy, market size, absorption and availability) comprise a chart on the final page. The chart also includes statistics for laboratory space, creating a single, invaluable source for market data.

To request a copy of RBJ’s officeSTATus – Winter 2010, please send an email to research@rbjrealestate.com.

RBJ Research Publications
officeSTATus is the flagship publication in RBJ’s family of eleven quarterly research reports. In addition to officeSTATus, RBJ publishes: flexSTATus, which highlights Flex property types; indSTATus, which focuses on Industrial property types; and individual marketSTATus reports on eight critical sub-markets. The firm’s biotechnology-focused report, bioSTATus, is released twice a year, after the first and third quarters. In total, the firm produces an industry-leading 46 reports per year, in addition to custom research projects for clients.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Release bioSTATus Report, Highlighting Greater Boston’s Biotechnology Real Estate Market

Market-Leading Publication Shows Vacancy Rates For Laboratory Space On The Rise Across Greater Boston

BOSTON – December 2, 2009 – Richards Barry Joyce & Partners (RBJ), a full-service commercial real estate advisory firm, has released its research publication focusing on biotechnology real estate – bioSTATus – Winter 2009. The report finds vacancy rates on the rise for laboratory space across Greater Boston.

Since Q1 2009, Greater Boston’s laboratory market saw vacancy increase from 9.7% to 10.4%. In the suburban market, which had seen an increase in activity over the past few years, the vacancy jump was even more dramatic, increasing from 8.7% after Q1 2009 to 13.1% after Q3 of this year.

Laboratory space, however, is still outperforming other real estate types in Greater Boston. Since Q4 2007, the laboratory occupancy base has grown 11.1%, while no other property type has had more than 0.4% growth. Additionally, absorption in laboratory space has been positive three of last four quarters, while office space absorption has been negative all four quarters.

“Biotechnology space is witnessing a slight slowdown but really only compared to its usual positive motion. The market is weathering the current economy better than other property types,” said Brendan Carroll, vice president of research for RBJ. “Additionally, there are still areas of very strong growth, such as East Cambridge, where any laboratory space added to the market is quickly re-leased.”

About bioSTATus and RBJ’s Research Publications
bioSTATus is the region’s most influential research publication covering the critical biotechnology market. The report is released twice a year and delivers pertinent statistics (vacancy, market size, and absorption). Additionally, bioSTATus positions the data within the context of the broader economy, and offers updates on each of the primary submarkets (Cambridge, Boston and the suburbs).

To request a copy of RBJ’s bioSTATus – Winter 2009, please send an email to research@rbjrealestate.com.

RBJ produces an industry-leading 46 reports per year, in addition to custom research projects for clients. bioSTATus is released twice a year and there are eleven quarterly research reports: officeSTATus is the flagship report on the office market; flexSTATus highlights flex property types; indSTATus focuses on industrial property types; and individual marketSTATus reports showcase eight critical sub-markets.

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Richards Barry Joyce & Partners Represents Citizens Bank In New Lease At Dedham’s Legacy Place

Citizens Leases Approximately 46,000 SF Of Office And Retail Space

BOSTON – December 1, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented Citizens Bank in a 46,846 square foot lease at Legacy Place in Dedham, Mass.

Legacy Place will house Citizens Bank’s Consumer Finance, Consumer & Business Banking, and Marketing departments, which will relocate from locations in Norwood and Westwood, Mass. The groups will occupy 43,772 square feet of office space, primarily on the second floor of the Pavilion Building.

Additionally, Citizens will open a banking branch, consisting of 3,074 square feet of retail space and three ATMs. The branch will offer full banking services. Citizens Bank will also become the banking and financial services sponsor of Legacy Place.

Legacy Place is a new 675,000 square foot development located at the intersection of Route 1 and Route 128 in Dedham. Anchored by Whole Foods Market, L.L.Bean, Showcase Cinema de Lux, Borders, and Kings, Legacy Place is a joint venture of WS Development and National Amusements.

Michael Joyce, partner, and Jay Nugent, senior vice president, of Richards Barry Joyce & Partners represented Citizens Bank in the transaction. Colliers Meredith & Grew represented WS Development, the landlord and developer of Legacy Place

Office Market Statistics – Route 128 South
According to research by RBJ, the Route 128 West submarket consists of 11,697,000 square feet of office space and was 16.3% vacant, as of the quarter ended September 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Fall 2009”]

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is a $151 billion commercial bank holding company. It is headquartered in Providence, R.I., and, through its subsidiaries, has more than 1,500 branches, approximately 3,500 ATMs and approximately 22,600 employees. Its two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. CFG is owned by RBS (The Royal Bank of Scotland Group plc). CFG’s Web site is citizensbank.com.

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Richards Barry Joyce & Partners Brokers New 32,371 SF Lease In Newton, Mass.

Represents An Affiliate Of Intrum Corporation In Lease With Euro-Pro Operating, LLC

BOSTON – November 12, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it brokered a new 32,371 square foot lease at 180 Wells Avenue in Newton, Mass. The firm represented the landlord, an affiliate of Intrum Corporation, in the lease with Euro-Pro Operating, LLC.

Euro-Pro, a pioneer in innovative cleaning solutions and small household appliances, leased the entire second floor and parts of the first and third floor. The company is moving from their current Washington Street location in Newton to 180 Wells Avenue, which will become Euro-Pro’s new corporate headquarters.

180 Wells Avenue is a three-story, Class A office building totaling 54,000 square feet. The building has recently undergone significant improvements, including upgrades to common areas, building systems and landscaping. The building offers abundant parking, excellent access to Route 128, and an amenity-rich location with nearby health clubs, restaurants, retail, day care facilities and hotels.

“Euro-Pro has a long history and excellent product set and we are pleased to have attracted them to 180 Wells Avenue,” said Jay Nugent, senior vice president, RBJ, who represented the landlord in the transaction. “The building’s recent upgrades and close proximity to Route 128 make it a good fit for their needs.”

Intrum Corporation is a Newton, Mass.-based real estate management and development company that owns several prominent commercial properties west of Boston. RBJ is the exclusive leasing agent for 180 Wells Avenue. Euro-Pro was represented by Eric Solem with Landmark Real Estate Advisors.

Office Market Statistics – Route 128 West
According to research by RBJ, the Route 128 West submarket consists of 20,529,000 square feet of office space and was 15.2% vacant, as of the quarter ended September 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Fall 2009”]

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Bob Richards Honored By CoreNet Global As The “Real Estate Advisor Of The Year”

Commercial Real Estate Organization Recognizes Richards’ Long-Term Client Relationships, Focus On Client Service And Community Work

BOSTON – November 6, 2009 – Robert Richards, president of Richards Barry Joyce & Partners, was named the “Real Estate Advisor of the Year” by CoreNet Global’s New England Chapter. Mr. Richards was honored, along with other award recipients, at CoreNet Global’s “Awards of Excellence” dinner, held last night at the Seaport Hotel in South Boston.

“It certainly is an honor to be recognized by CoreNet Global, the premier association for commercial real estate executives,” said Mr. Richards. “Richards Barry Joyce & Partners has an open, collaborative environment, which we designed from its founding to maximize client focus and service. With this platform in mind, I accept the award on behalf of the entire firm.”

In the program for the event, CoreNet noted that Mr. Richards is “set apart from other commercial real estate advisors by his long-term client relationships” and the fact that in addition to being an outstanding commercial real estate broker, he is also a real estate industry leader, has responsibilities as firm president, and is highly involved in the community. CoreNet acknowledged Mr. Richards’ “unique approach to the real estate business, which is characterized by his sharp focus on client service and a consistent drive to add value to his clients' planning and decision processes.”

Mr. Richards received his award from Sarah Abrams, the president of CoreNet Global’s New England Chapter, and the president of Fidelity Real Estate Company. The event’s emcee was Anthony Everett, an anchor and reporter for WCVB-TV.

About Bob Richards
Mr. Richards is a founding partner and president of Richards Barry Joyce & Partners and is on the firm’s National Services team. He specializes in tenant advisory work, representing a variety of clients locally, nationally and internationally. Bob has successfully completed complex real estate transactions in Australia, the United Kingdom, The Netherlands, Denmark and India, as well as in major cities throughout the United States. His clients include companies such as Shire HGT, Dana-Farber Cancer Institute, Harvard University Medical School, Forrester Research, and Sapient.

Before founding RBJ in 2001, Bob was a principal at Trammell Crow Company. Prior to his career in commercial real estate, he worked as a sportscaster for CNN in Atlanta. Bob earned a B.A. from Dartmouth College and is a member of the Greater Boston Real Estate Board.

About CoreNet Global
CoreNet Global is the world's leading professional association for corporate real estate and workplace executives serving leading multinational companies from the Fortune and Global 1000. CoreNet Global's membership base totals 7,000 corporate real estate executives, service providers and economic developers who managed over $1.2-trillion in real estate and workplace assets in Asia, Australia, Europe, Latin America and North America. This professional mix reflects the industry's focus on global alliance partnerships and on integrating the management of corporate assets, the workplace and infrastructure. For more information, please visit newengland.corenetglobal.org.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Represents International Data Corporation (IDC) and International Data Group (IDG) In Two Leases Totaling 142,754 SF

Leases Brokered In Framingham and Boston For IDC and IDG Headquarters

BOSTON – November 4, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it brokered two leases for International Data Corporation (IDC) and International Data Group (IDG) totaling 142,754 square feet –127,303 square feet in Framingham, Mass. and 15,451 square feet in Boston.

RBJ brokered a lease renewal for IDC and IDG at 3 and 5 Speen Street in Framingham. The company leased all of 5 Speen Street and two floors of 3 Speen Street, for a total of 127,303 square feet of office space, making this one of Greater Boston’s largest suburban leases in 2009. The buildings are located in the Point West Office Center. IDC is a subsidiary of IDG, the world's leading technology media, events, and research company.

John Lashar, Michael Joyce, Paul Leone, Richard Bradbury and Brian Cohen of RBJ represented the tenant in the lease negotiation. The landlord, Carruth Capital, LLC, was represented internally.

In Boston’s Back Bay, RBJ brokered a lease renewal for IDG’s corporate headquarters at One Exeter Plaza, located at 699 Boylston Street. The 15,451 square feet of office space are on the building’s 15th floor and the penthouse. The building landlord, Boylston Properties, was represented by Jones Lang LaSalle.

“IDC and IDG are market leaders in IT media and research and RBJ is very pleased to have brokered these two headquarters leases,” said John Lashar, partner, RBJ. “RBJ’s Suburban and Downtown teams worked in conjunction with our Capital Markets Group and Consulting Services to ensure complete support of IDC and IDG during the transactions.”

Office Market Statistics – Downtown Boston and I-495 West
According to research by RBJ, the Downtown Boston submarket consists of 67,184,000 square feet of office space and was 11.4% vacant, as of the quarter ended September 30, 2009. The I-495 West submarket consists of 17,242,000 square feet of office space and was 19.1% vacant, as of the quarter ended September 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Fall 2009”]

About International Data Corporation (IDC)
IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 45 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

About International Data Group (IDG)
International Data Group (IDG) is the world's leading technology media, events, and research company. IDG’s online network includes more than 450 web sites spanning business technology, consumer technology, digital entertainment and video games worldwide. IDG also publishes more than 300 magazines and newspapers. Media brands are in more than 90 countries and include CIO, CSO, Computerworld, GamePro, InfoWorld/TechWorld/TecChannel, Macworld, Network World, and PC World. The company’s lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers, and decision makers.
IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, OpenSource World, E3, DEMO, Storage Networking World, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services, and events. Over 1000 IDC analysts in more than 100 countries provide global, regional, and local expertise on technology and industry opportunities and trends.

Additional information about IDG, a privately held company, is available at http://www.idg.com.

About Richards Barry Joyce & Partners, LLC

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Richards Barry Joyce & Partners Releases New Research Reports: flexSTATus Fall 2009 and indSTATus Fall 2009

New Publications Provide Detailed Information On Flex, Warehouse And Manufacturing Property Types

BOSTON – October 22, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, has released two research publications on flex, warehouse, and manufacturing property types: flexSTATus – Fall 2009 and indSTATus – Fall 2009, respectively.

As its name would suggest, flexSTATus provides research and analysis on Greater Boston’s flex market. According to the report, the flex market realized an increase in vacancy of 0.7%, to close the third quarter of 2009 at 19.2%. There was 219,000 square feet of negative absorption during the quarter, marking three consecutive quarters of negative absorption.

indSTATus covers the industrial market, including both warehouse and manufacturing properties. The warehouse market had 449,000 square feet of negative absorption, with vacancy increasing 0.8% to 17.8%. In the manufacturing market, vacancy rates stayed the same since Q2, ending the third quarter at 15.6%. There was flat absorption of negative 5,000 square feet.

“The flex, warehouse and manufacturing markets realized a slowdown in the deterioration of vacancy and lease rates,” says Brendan Carroll, vice president of research for RBJ. “While superior industrial and flex product is well positioned for the next several quarters, aggregate demand for a large and growing supply of dated or obsolete product will continue to lag.”

To request a copy of indSTATus – Fall 2009 or flexSTATus – Fall 2009, please send an email to research@rbjrealestate.com.

RBJ Research Publications
indSTATus and flexSTATus are two of RBJ’s family of eleven quarterly research reports. RBJ also publishes a quarterly office report (officeSTATus) and individual marketSTATus reports on eight critical sub-markets. The firm’s biotechnology-focused report, bioSTATus, is released twice a year, after the first and third quarters. In total, the firm produces an industry-leading 46 reports per year, in addition to custom research projects for clients.

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Richards Barry Joyce & Partners Announces Leases In Downtown Boston Totaling More Than 140,000 SF

Firm Represents Mix Of Tenants And Landlords In Four Transactions

BOSTON – October 19, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it brokered four leases in Downtown Boston, totaling more than 140,000 square feet of office space. The leases are in buildings in Boston’s Back Bay and Financial District.

“The Greater Boston real estate market continues to go through a challenging economic environment, although there is certainly some leasing activity,” said Thomas Ashe, senior vice president, RBJ. “At RBJ, we are focused on counseling tenant and landlord clients on how to negotiate this market and to be best positioned for when the situation improves.”

Details of the four transactions include:

Online retailer CSN Stores LLC signed a new headquarters lease at 177 Huntington Avenue, in the Christian Science Plaza. CSN Stores will occupy 55,686 square feet of office space on seven floors in the building. The company is moving from the nearby Prudential Tower. Thomas Ashe of RBJ represented CSN Stores and FHO Partners represented the landlord, First Church of Christ, Scientist. Based in Boston, CSN Stores is a Top 3 U.S. online retailer of home furnishings and housewares with 200+ specialty sites.

Equity Office Properties signed a lease with law firm Cooley Godward Kronish LLP at Five Hundred Boylston. The law firm is moving from the Prudential Tower to occupy 46,706 square feet of office space on the building’s 14th and 15th floors. Michael Joyce and Thomas Ashe represented Equity Office Properties in the lease. RBJ is the exclusive leasing agent for the building. Cooley Godward Kronish was represented by Newmark Knight Frank.

Gannett Welsh & Kotler, LLC (GW&K) renewed its headquarters lease for 25,000 square feet of office space at 222 Berkeley Street. The private asset management services firm leases space on the building’s 15th and 16th floors. John Barry and Michael Joyce of RBJ represented GW&K. The sublandlord, Bank of New York Mellon, was represented by Jones Lang LaSalle in the transaction.

Accounting firm CCR LLP signed a new lease at 125 High Street, relocating its Boston office from 60 State Street. The firm subleased 14,030 square feet of office space on the building’s 21st floor. Michael Joyce and Thomas Ashe of RBJ represented CCR. CB Richard Ellis represented the sublandlord, Ameriprise Financial, Inc. CCR LLP provides assurance, tax and consulting services to privately-held businesses, public companies, not-for-profit and governmental organizations and individuals. With offices throughout New England and a staff of nearly 200 professionals, CCR is New England's leading independent certified public accounting and business advisory firm.

Downtown Boston Market Statistics
According to research by RBJ, the Downtown Boston submarket consists of 67,184,000 square feet of office space and was 10.5% vacant, as of the quarter ended September 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Fall 2009”]

About Richards Barry Joyce & Partners, LLC

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Richards Barry Joyce & Partners Releases Q3 2009 Office Market Report

“officeSTATus – Fall 2009” Finds 0.5% Increase In Office Vacancy Around Greater Boston

BOSTON – October 6, 2009 – Richards Barry Joyce & Partners has released its third quarter report on Greater Boston’s commercial real estate office market. According to officeSTATus – Fall 2009, the quarter was the fourth consecutive period of increasing vacancy rates in Greater Boston.

Vacancy rates increased 0.5% to 15.0% across Greater Boston, with the market taking on 546,000 square feet of negative absorption. Notably, premium properties and locations have accounted for almost all net negative absorption during the last four quarters.

Asking lease rates for Class A space were down, dropping by $2.17 to $35.78 per square foot. This 5.7% decrease in asking lease rates is the largest such quarterly drop in six years. Meanwhile, the figure for total square feet available for sublease has increased by 61% in six quarters.

“Several important indicators appear to potentially be reaching a trough in this economic slowdown,” said Brendan Carroll, vice president of research, RBJ. “Commercial real estate, however, historically has proven to lag other economic indicators, when both entering and exiting a downturn. So it should come as no surprise that commercial real estate is still struggling towards the light at the end of the tunnel.”

officeSTATus is written for commercial real estate decision-makers and market watchers. While filled with in-depth research and insightful analysis, the report is designed to be quickly read and easily understood. The report begins with an executive summary that provides highlights of the quarter, followed by the “Economy & Real Estate” section, which places the quarter’s data into a broader economic context. Each major submarket – Boston CBD, Cambridge, Route 128 and Route I-495 – each have a page devoted to specific findings for that area. The pertinent market statistics (vacancy, market size, absorption and availability) comprise a chart on the final page. The chart also includes statistics for laboratory space, creating a single, invaluable source for market data.

The “Market Interesting” section takes an engaging look at a unique aspect of the commercial real estate market. This quarter, the section looks at certain economic indicators and how long commercial real estate lagged them exiting the “tech bust” downturn. The lag time provides a way to determine when commercial real estate may expect to recover from this downturn.

To request a copy of RBJ’s officeSTATus – Fall 2009, please send an email to research@rbjrealestate.com.

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Richards Barry Joyce & Partners Represents MM Industrial Beeman Road, LLC In 342,900 SF Warehouse Lease

Lease With FedEx SmartPost In Northborough, Mass.
One Of Greater Boston’s Largest In 2009

BOSTON – September 23, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented MM Industrial Beeman Road LLC in the landlord’s 342,900 square foot lease renewal and expansion with FedEx Corp. at One Beeman Road (Northborough, Mass.).

FedEx (NYSE: FDX) renewed its lease for 180,200 square feet and expanded its presence by an additional 162,700 square feet to occupy the entire building, making the transaction one of Greater Boston’s largest industrial leases in 2009. FedEx utilizes the building as a warehouse and distribution facility for FedEx SmartPost.

One Beeman Road is a high-bay warehouse/distribution facility with 22 to 30 foot high ceilings. The building is centrally located in the I-495 region, with close proximity to local highways, as well as active rail access.

“We are pleased that FedEx has chosen to not only remain at One Beeman Road but to nearly double its presence to occupy the entire building,” said John Lashar, partner, RBJ. “The building’s central location, access to the region’s major highways and functionality, suit FedEx’s requirements for a single tenant building very well.”

John Lashar, partner, and Paul Leone, senior vice president, represented MM Industrial Beeman Road LLC in the transaction. RBJ is the exclusive leasing agent for the building.

Warehouse Market Statistics
According to research by RBJ, the I-495 West submarket consists of 6,178,000 square feet of warehouse space and was 22.0% vacant, as of the quarter ended June 30, 2009. [source: Richards Barry Joyce & Partners’ “indSTATus – Summer 2009”]

About Richards Barry Joyce & Partners, LLC

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Richards Barry Joyce & Partners Brokers Headquarters / Laboratory Lease
For BG Medicine, Inc.

Life Sciences Company Renews 21,550 SF In Waltham, Mass.

BOSTON – September 15, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented BG Medicine, Inc. in a 21,550 square foot lease renewal at 610 Lincoln Street North, Waltham, Mass.

BG Medicine occupies space on two floors of the three-story building. Located in the Hobbs Brook Park, the property acts as the company’s corporate headquarters and provides both office and laboratory space. BG Medicine is a life sciences company focused on the discovery, development and commercialization of novel molecular diagnostics based on biomarkers to improve patient outcomes and contain healthcare costs.

Jonathan Varholak, Ron Friedman and Jay Nugent represented BG Medicine in the lease. The building’s landlord, FM Global, was represented by Chip Batchelder of Wyman Street Advisors.

128 West Market Statistics
According to research by RBJ, the laboratory market in Greater Boston’s suburbs consists of 4,421,000 square feet of space, which was 10.4% vacant as of the quarter ended June 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Summer 2009”]

About BG Medicine, Inc.
BG Medicine is a life sciences company focused on the discovery, development and commercialization of novel diagnostics based on biomarkers to improve patient outcomes and contain healthcare costs. BG Medicine’s proprietary technology platform enables rapid and cost-effective discovery of new high-value diagnostics biomarkers over a broad range of therapeutic areas. More information regarding BG Medicine is available on the company’s web site at http://www.bg-medicine.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Brokers New Headquarters Lease For Accela Communications

Interactive Multimedia Software Company Leases
12,487 SF In Southborough, Mass.

BOSTON – August 19, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it brokered a new headquarters lease for Accela Communications at 136 Turnpike Road, in Southborough, Mass.

Accela Communications, Inc., a leader in interactive multimedia communications, is leasing office space on the building’s second floor. The company is moving to the new location, which is located in Southborough Place, from nearby 118 Turnpike Road in Southborough.

“Making a headquarters move is a significant decision, even more so during challenging economic times,” said Bill Reinstein, CEO, Accela Communications. “We were pleased with RBJ’s market knowledge and the guidance their team provided. They helped to make the entire process more efficient and enable us to make the right decision.”

John Lashar, partner, and Paul Leone, senior vice president, at RBJ represented Accela in the lease. The building’s landlord, Capital Group Properties, was represented by CB Richard Ellis.

I-495 West Market – Office Statistics
According to research by RBJ, the I-495 West submarket consists of 17,242,000 square feet of office space and was 18.4% vacant, as of the quarter ended June 30, 2009. [source: Richards Barry Joyce & Partners’ “officeSTATus – Summer 2009”]

About Accela Communications
Accela Communications creates opportunities for market and audience engagement with the AccelaCast™ rich-media platform and the AccelaWorks™ data acquisition, measurement, and delivery system. The company generates actionable results through our Healthcare Solutions Group for the top twenty pharmaceutical companies, as well as for customers like HP, Phillips, EMC, SAP, Thermo Fisher Scientific and others. For more information, visit www.accelacommunications.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Represents Altid Enterprises, LLC In 246,000 SF Lease With The Timberland Company

Outdoor Footwear and Apparel Company Signs Long-Term Lease Renewal
For Global Headquarters In Stratham, NH

BOSTON – August 5, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented Altid Enterprises, LLC in a 246,000 square foot lease renewal with The Timberland Company (NYSE: TBL), at 200 Domain Drive, Stratham, NH.

Timberland, a global leader in the design, engineering and marketing of premium-quality footwear, apparel and accessories, occupies the entire two-story building. The location serves as the company’s global headquarters.

“We have had a long relationship with Timberland and I am very pleased that we will be able to continue it for another twelve years. Its internationally recognized brand name, environmental commitment and its community support make it an ideal tenant,” said Edward Cayre, Principal of building ownership. “Timberland’s senior management followed a very disciplined program for evaluating its alternatives. We couldn’t be happier that, after considering its many options, it decided to stay in Stratham. In cooperation with Timberland, significant building and site improvements are underway that will make the location an even more comfortable, environmentally friendly and appealing working environment for Timberland’s associates.”

“It was a challenging process,” said David Flynn, Chief Operating Officer of Altid Enterprises, “but everyone involved made a concerted effort to ensure everything possible was done to positively represent the location and the community so that Timberland would recommit to the area. Timberland’s senior management was working under a tight time frame but it was obvious to us that it carefully considered all the issues. Our brokers from Richards Barry Joyce & Partners did a great job. We are also appreciative for the town of Stratham’s management team’s responsiveness. Its willingness to consider ways to support Timberland’s desire for increasing its community involvement was an important factor in Timberland’s decision, I believe.”

200 Domain Drive is located on 28 acres, in a mature, wooded environment in the Stratham Exeter Industrial Park. The building includes child care and a full service cafeteria on-site. Representative of its community service commitment, Timberland provides office space to City Year for the organization’s New Hampshire headquarters.

John Wilson, partner, and James Lipscomb, senior vice president, of RBJ represented Altid Enterprises in the transaction. RBJ is the exclusive leasing agent for Altid’s properties in the surrounding park, which includes an adjacent building with availability of 50,000 – 300,000 square feet of space. Timberland was represented in the transaction by Thomas Farrelly of Cushman & Wakefield.

About Altid Enterprises, LLC
Altid Enterprises is a 50 year old real estate company that develops, owns and operates commercial real estate in northeastern Massachusetts and southern New Hampshire.

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Richards Barry Joyce & Partners Represents Normandy Real Estate Partners In Four Leases Totaling 87,700 SF

Three New Leases And Renewal In Marlborough Technology Park
Bring Two Buildings To Full Occupancy

BOSTON – July 21, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented Normandy Real Estate Partners in four leases totaling 87,700 square feet at Marlborough Technology Park (Marlborough, Mass.). The tenants in the transactions are Bitstream Inc., Mentor Graphics, MetroWest Medical Center and New Energy Alliance, LLC.

John Lashar, partner, and Paul Leone, senior vice president, represented Normandy Real Estate Partners in each of the four transactions. RBJ is the exclusive leasing agent for Marlborough Technology Park. As a result of these leases, two of the Park’s seven buildings (100 Nickerson Road and 300 Nickerson Road) were brought to full occupancy.

“Marlborough Technology Park provides a convenient location for our customer, employees, and business operations, offering both onsite and nearby amenities,” said Kate Bosse, Communications Manager, NEA, LLC. “In addition, Normandy has shown a willingness to work with us and offer flexibility for future growth within the park.”

Details of the transactions include:

Bitstream Inc. (NASDAQ: BITS) moved its corporate headquarters to 500 Nickerson Road from 245 First Street in Cambridge. Bitstream will occupy 26,801 square feet of office space on the second floor of the 82,423 square foot building. Bitstream, a software development company focused on bringing unique software products to a wide variety of markets, was represented in the transaction by Cushman & Wakefield.

Mentor Graphics (NASDAQ: MENT), a leader in electronic design automation, signed a lease renewal for 16,376 square feet of office space at 300 Nickerson Road. The company occupies space on the 80,724 square foot building’s second floor. Mentor Graphics was represented in the transaction by CresaPartners.

At 100 Nickerson Road, MetroWest Medical Center signed a new lease for 18,872 square feet of office space on the building’s first floor. The building totals 74,735 square feet of space. MetroWest Medical Center, a full-service community teaching hospital system dedicated to meeting the health care needs of the MetroWest region of Massachusetts by providing advanced care with a community touch, was represented in the transaction by Cushman & Wakefield. This represents a move from Framingham for this corporate office function.

New Energy Alliance (NEA) signed a new lease for 25,671 square feet of office space on the first floor of 300 Nickerson Road. NEA was represented in the transaction by CB Richard Ellis. New Energy Alliance is a joint venture between Balfour Beatty Infrastructure, Inc. and M.J. Electric LLC, a Quanta Services company to support the delivery of an electricity capital investment program in New England. This location represents a new location for NEA, LLC.

“Marlborough Technology Park continues to be an attractive option in the I-495 corridor, as evidenced by these leases,” said John Lashar, partner at Richards Barry Joyce & Partners. “We are pleased to have brought in Bitstream, NEA and MetroWest Medical and retained Mentor Graphics, particularly during this challenging leasing environment.”

About Marlborough Technology Park

Marlborough Technology Park consists of seven two-story buildings situated on an 85-acre master-planned campus. The buildings total 573,576 square feet of office and lab space and the park can accommodated an additional 270,000

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Richards Barry Joyce & Partners Brokers 61,500 SF Headquarters Lease For Kopin Corporation

Miniature Flat Panel Display Company Renews Headquarters Lease In Taunton, Mass.

BOSTON – July 14, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it brokered a long-term, 61,500 square foot lease renewal for Kopin Corporation at 200 John Hancock Road, Taunton, Mass.

The building, located in the Myles Standish Industrial Park, serves as Kopin’s corporate headquarters and manufacturing facility for its III-V and military display products. The company occupies the entire building, which is comprised of flex space. The lease is for a ten-year term.

“We are pleased to have reached an agreement to maintain our corporate headquarters at 200 John Hancock Road in the Myles Standish Business Park,” said Richard Sneider, Chief Financial Officer, Kopin Corporation. “The facility offers a central location which is easily accessible for our Massachusetts and Rhode Island employees and, because of its close proximity to both Logan and T.F. Green airports, supports our customers’ requirements.”

John Lashar, partner, Paul Leone, senior vice president and Caleb Hudak, assistant vice president, at RBJ, represented Kopin Corporation in the lease. The building’s landlord, Bridgewater Wyman, LLC, was represented internally.

I-495 South Statistics – Flex Market
According to research by RBJ, the I-495 South submarket consists of 3,161,000 square feet of flex space and was 8.0% vacant, as of the quarter ended June 30, 2009. [source: Richards Barry Joyce & Partners’ “flexSTATus – Summer 2009”]

About Kopin Corporation
Kopin Corporation produces lightweight, power-efficient, ultra-small liquid crystal displays and III-V products, including heterojunction bipolar transistors (HBTs), that are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company’s HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin’s proprietary display and III-V technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin’s website at www.kopin.com.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Releases Research Reports On Warehouse, Manufacturing And Flex Markets

“indSTATus – Summer 2009” And “flexSTATus – Summer 2009”
Provide Detailed Information On Critical Property Types

BOSTON – July 10, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, has released indSTATus – Summer 2009 and flexSTATus – Summer 2009, two research reports highlighting warehouse, manufacturing and flex properties in the Greater Boston region.

indSTATus, which covers the industrial market, distinguishes between warehouse and manufacturing properties, due to the differences between those property types. In the warehouse market, vacancy increased slightly by 0.5% since Q1 2009 to close the quarter at 17.0%. Average asking lease rates dropped to $5.56 per square foot, the lowest level since 2005.

In the manufacturing market, vacancy rates edged down 0.3% since Q1 2009 to 15.6%. Despite the drop in vacancy, average asking lease rates dropped to $7.01 per square foot. Over the last year, asking lease rates have decreased by 18%.

According to flexSTATus, the vacancy rate for Greater Boston’s flex properties rose to its highest level in nine quarters, increasing 0.4% since Q1 2009 to close the quarter at 18.5%. Average asking lease rates dropped $0.32 since the first quarter to $8.41, which is a ten-year low.

“Macroeconomic pressures have exerted considerable force on industrial and flex tenants,” says Brendan Carroll, vice president of research for RBJ. “Further negative absorption will likely be observed across all property types; the extent of which, however, is presently unknown. Landlords and tenants have been swift in re-pricing, so much of the lease rate adjustment may have already occurred.”

To request a copy of indSTATus – Summer 2009 or flexSTATus – Summer 2009, please send an email to research@rbjrealestate.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Releases Quarterly Report On Greater Boston’s Commercial Real Estate Office Market

“officeSTATus – Summer 2009” Shows Slight Increase In Vacancy Rates To 14.5%

BOSTON – June 30, 2009 – Greater Boston’s commercial real estate office market witnessed an increase in vacancy rates for the third quarter in a row, though the rate of increase slowed dramatically, according to Richards Barry Joyce & Partners’ quarterly report on the office market – officeSTATus – Summer 2009.

The quarter saw negative absorption of 144,000 square feet of office space, a figure that is significantly lower than the 1.1 million square feet of negative absorption witnessed in Q1 2009. The vacancy rate edged up slightly to 14.5% in Q2 2009, from 14.4% in Q1 2009. During that time asking lease rates for Class A office space decreased $0.80 to $37.95 per sf.

“During Q2 the market witnessed a significant deceleration in the rate of deterioration, as evidenced by the much lower figure in negative absorption,” said Brendan Carroll, vice president of research, RBJ. “This certainly doesn’t signify a turnaround in the economy nor is it a sign that we have necessarily hit bottom. But it is notable during this time of negative economic news.”

According to the report, Class A rates dropped by more than 20%, year over year, in the Financial District, Back Bay, Cambridge, Burlington, and Wellesley. The availability of sublease space across the market rose from 4.1 million square feet to 6.1 million square feet.

officeSTATus begins with an executive summary that provides highlights of the quarter, followed by the “Economy & Real Estate” section, which places the quarter’s results into a broader economic context. Boston CBD, Cambridge, Route 128 and Route I-495 each have a page devoted to specific findings for that primary submarket. The pertinent market statistics (vacancy, market size, absorption and availability) comprise a chart on the final page. The chart also includes statistics for laboratory space, creating a single, invaluable source for market data.

In a slight detour from more serious analysis, this quarter’s “Market Interesting” section features the “RBJ Summer Fun Crossword”. The puzzle will help readers hone their knowledge of the Greater Boston office market.

To request a copy of RBJ’s officeSTATus – Summer 2009, please send an email to research@rbjrealestate.com.

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Richards Barry Joyce & Partners Announces Five Promotions

New Senior Vice Presidents Exemplify Firm’s Focus On Client Service, Internal Teamwork

BOSTON – June 3, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, is pleased to announce the promotion of five brokers to the title of senior vice president. The brokers – Thomas Ashe, Ron Friedman, Paul Leone, James Lipscomb, and Jay Nugent – represent landlords and tenants across Greater Boston.

“This is an extraordinary group of brokers and we are pleased to recognize each of them for their hard work, client focus and teamwork orientation,” said Robert Richards, president, Richards Barry Joyce & Partners. “They work diligently each day to provide their clients with the best real estate counsel and market knowledge available in Greater Boston.”

Background information on each of the brokers follows. More details can be found at http://www.rbjrealestate.com/Team.htm.

Tom Ashe is on RBJ’s Downtown Boston leasing group. He joined RBJ in 2002 following a career in professional hockey and a year in technology consulting sales. Among Tom’s clients are organizations such as the Boston Celtics, Brookfield Properties, Equity Office, Intercontinental Real Estate Corporation, Morgan Stanley, Wells Fargo Insurance Services, and Xerox Corporation. Tom earned a B.A. from Boston College and is a member of the Greater Boston Real Estate Board. He currently resides in Boston and grew up in Springfield, Mass.

Ron Friedman joined RBJ in 2001 and works on the firm’s Suburban leasing group. Prior to joining RBJ, Ron worked at MicroStrategy, Inc., managing the New England region’s strategic partnerships for the company. While at RBJ Ron has worked with a wide range of clients, including Charles River Ventures, Nike, PAREXEL International, The Gutierrez Company, Equity Office and TA Associates Realty. Ron graduated from Dartmouth College with a B.A. in Government and an emphasis in International Relations. He is a member of the Greater Boston Real Estate Board and the Dartmouth Alumni Association and is active with the Dana-Farber Leadership Council. Ron grew up in Lincolnwood, Ill. and currently resides in Hingham.

Paul Leone is on RBJ’s Suburban leasing group and has been with RBJ since 2004. Previously he was a vice president at Trammell Crow Company. During his career, Paul has been recognized twice by CoStar as a “Top Power Broker” in Boston and received a “Platinum Level” distinction from the Commercial Brokers Association. He has worked with Best Buy, McKesson Corporation, INVESCO Realty Advisors, TA Associates Realty and RREEF Real Estate. Paul earned a BA from the College of the Holy Cross. He is a member of the Greater Boston Real Estate Board and the Holy Cross Club of Boston, the Holy Cross Technology Group and volunteered as a history teacher at the Dearborn Middle School in Roxbury, Mass. from 2000-2008. Paul currently resides in Boston and grew up in Stoneham, Mass.

James Lipscomb has been with RBJ since 2003, on the firm’s Suburban leasing group. Prior to joining RBJ, Jamey was with CB Richard Ellis/Whittier Partners and served four years as a Combat Engineer Officer in the U.S. Army, stationed in Germany and Korea. He has been recognized by CoStar as a “Top Power Broker” in Boston and is a member of the Commercial Brokerage Association and the Greater Boston Real Estate Board. Among his clients are PUMA North America, Wyeth Pharmaceuticals, Crowe Paradis Services Corporation, Agilent Technologies Inc., The Gutierrez Company, DivcoWest Properties, and KBS Realty Advisors. Jamey earned a B.A. from Dartmouth College and is active with Year Up and the Dartmouth Alumni Club. He currently resides in Boston.

Jay Nugent is on RBJ’s Suburban leasing group. Prior to joining RBJ in 2007, he was with Jones Lang LaSalle and the Grubb & Ellis Company. Jay has worked as an advisor to many notable tenants such as Repligen Corporation, DB Schenker, FLIR Systems, Comcast Corporation, IBM, Aquent and TransUnion; and landlords such as ING Clarion, Cabot, Cabot & Forbes, Normandy Real Estate Partners and Saracen Properties. He has been recognized as one of CoStar’s “Top Power Brokers” in Boston. Jay graduated from Arizona State University, is a member of the Greater Boston Real Estate Board and volunteers his time with Big Brothers Big Sisters of Massachusetts Bay. He grew up in Lynnfield, Mass. and currently resides in Medfield, Mass.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Biotechnology Real Estate Market Highlighted In New Report

Richards Barry Joyce & Partners’ “bioSTATus – Summer 2009” Finds Vacancy Rates Dropping In Greater Boston’s Laboratory Space

BOSTON – May 21, 2009 – Richards Barry Joyce & Partners (RBJ), a full-service commercial real estate advisory firm, today announced the availability of bioSTATus – Summer 2009, the firm’s semi-annual research publication on biotechnology-focused real estate in Greater Boston.

According to the firm, the overall vacancy rate for Greater Boston’s biotechnology-focused real estate, or laboratory space, dropped to 9.7% as of March 31, 2009. This represents a 4.3 percentage point decline since the last issue of bioSTATus at the close of Q3 2008. During that two-quarter period, tenants absorbed more than 650,000 square feet of laboratory space and vacancy rates declined in each of the three major laboratory markets – Cambridge, Downtown Boston and the Suburbs.

“The declining vacancy rates in laboratory space certainly display a certain level of health for the biotechnology-focused real estate market,” said Brendan Carroll, vice president of research for RBJ. “However, during the next reporting period we will continue to monitor the effects of broader macroeconomic issues on Greater Boston’s biotech market, both on the larger, more established companies and the smaller, VC-funded firms.”

bioSTATus is the region’s most influential research publication covering the critical biotechnology market. The report is released twice a year and delivers pertinent statistics (vacancy, market size, and absorption). Additionally, bioSTATus positions the data within the context of the broader economy, and offers updates on each of the primary submarkets (Cambridge, Boston and the suburbs).

To request a copy of RBJ’s bioSTATus – Summer 2009, please send an email to research@rbjrealestate.com.

RBJ Research Publications
Richards Barry Joyce & Partners produces an industry-leading 46 reports per year, in addition to custom research projects for clients. bioSTATus is released twice a year and there are eleven quarterly research reports: officeSTATus is the flagship report on the office market; flexSTATus highlights Flex property types; indSTATus focuses on Industrial property types; and individual marketSTATus reports showcase eight critical sub-markets.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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KGI Properties, LLC Hires Richards Barry Joyce & Partners To Lease 400K SF Office Building

RBJ Exclusive Leasing Agent For Wayland Business Center in Wayland, Mass.

BOSTON – May 5, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that the firm has been hired by KGI Properties, LLC as the exclusive leasing agent for Wayland Business Center, a 400,000 square foot office building in Wayland, Mass.

Representing one of the largest contiguous blocks of available office space in suburban Boston, Wayland Business Center is conveniently located in the heart of the 128 West submarket, near the intersection of Routes 20 and 27 and approximately four miles from Route 128. The building is comprised of two floors and is situated on 55 acres of land. A 10,400 square foot outbuilding complements the main building. Wayland Business Center recently served as the headquarters for Polaroid.

“We are excited to be working with KGI Properties on Wayland Business Center,” said John Lashar, partner, RBJ. “The building was totally renovated less than 10 years ago, has a good central location, and has excellent infrastructure. We think it will generate a considerable amount of interest among tenants seeking a headquarters-quality office/R&D location at a below market value price point.”

Wayland Business Center offers tenants a wide range of on-site and nearby amenities. The building features a fitness center with lockers and showers, on-site management and a full-service cafeteria with catering services. The site is adjacent to walking/jogging trails and retail and dining establishments are within close proximity in the Wayland town center. Also the Longwood Athletic Center is nearby, as are two country clubs.

The RBJ team assigned to the Wayland Business Center project includes John Lashar, Jonathan Varholak, Brian McKenzie, Ron Friedman and Paul Leone. The address for the building is 400-440 Boston Post Road, Wayland, Mass.

According to RBJ’s “officeSTATus – Spring 2009”, the Route 128 West market has 20,444,000 square feet of office space, and is 13.1% vacant (as of the quarter ended March 31, 2009).

About KGI Properties, LLC
KGI Properties LLC is a joint venture between Great Island Development Group and The Koffler Group and was established to acquire and develop retail real estate across the northeastern United States. Since its inception in 2001, KGI has successfully completed the development of approximately 1.5 MM square feet of property at an aggregate cost in excess of $150 million. KGI has offices in Providence, RI, Boston, Mass., Woburn, Mass., and Lebanon, NH. www.kgiproperties.com

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Announces Appointment Of Frank F. Petz

Experienced Industry Veteran To Lead Firm’s Capital Markets Group

BOSTON – April 27, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, is pleased to announce the appointment of Frank Petz as Executive Vice President. Mr. Petz will lead the firm’s newly expanded Capital Markets Group.

“I am looking forward to beginning my work with Richards Barry Joyce & Partners,” said Mr. Petz. “I like the firm’s best-in-class strategy to providing clients with the most appropriate team for each engagement. The current real estate investment dynamics demand what RBJ can now offer – a deep knowledge of market fundamentals combined with all-inclusive capital strategies to maximize value for clients.”

Mr. Petz brings more than 20 years of commercial real estate investment experience to his new role at RBJ, including institutional advisory, investment sales, equity origination, structured financing, and debt placement. Prior to joining the firm, he was a managing director at Eastdil Secured, a real estate investment banking company. Previously, Mr. Petz led the Boston office of CBRE | Melody, where he was one of the Greater Boston market’s leading equity and debt placement producers, placing more than $2 billion in capital.

He has also held strategic management level positions at Yale Properties, AEW Capital Management and Copley Real Estate Advisors and began his professional career at Digital Equipment Corporation. Mr. Petz earned a B.S. from the University of Virginia’s McIntire School of Commerce. He is a member of NAIOP, the Urban Land Institute and REFA (Real Estate Finance Association). Mr. Petz is actively involved in the Big Brothers Big Sisters Association of Massachusetts, as both a board member since 2002 and a Big Brother since 2001.

RBJ’s Capital Markets Group
In announcing Mr. Petz’ appointment, RBJ is making the transition from a pure investment sales function to a fully integrated and comprehensive Capital Markets offering. RBJ’s investment sales group has been one of the Greater Boston market’s most successful teams, closing more than 60 transactions valued at more than $1 billion in the past five years. Under Mr. Petz’ direction, in addition to investment sales, the team will now also provide a broad range of capital markets offerings: equity placement, structured financing and strategic advisory services.

“We have one of the market’s strongest teams already in place and are excited to see where it can go with Frank’s leadership,” said Robert Richards, president, RBJ. “RBJ now offers the market’s most integrated solution set, bringing together forward-looking research, real-time market knowledge and broad capital market expertise.”

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Releases indSTATus and flexSTATus Reports

Commercial Real Estate Reports Highlight Greater Boston’s Warehouse, Manufacturing And Flex Markets

BOSTON – April 14, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, has released two research reports on Greater Boston’s commercial real estate industrial and flex markets – indSTATus – Spring 2009 and flexSTATus – Spring 2009.

indSTATus covers the industrial market, with sections on both warehouse and manufacturing property types. According to RBJ, vacancy in the warehouse market rose 0.3% to 16.5% since Q4 2008, marking the fourth consecutive quarter of increasing vacancy. Availability, which accounts for vacant space plus space that is about to become vacant due to lease termination, stands at 26.8% for the quarter.

Vacancy rates in the manufacturing market increased 0.4% since Q4 to close the quarter at 15.9%. Asking lease rates for manufacturing space are $7.32 across the market, which is 14% below the Q2 2008 highs.

According to flexSTATus, the vacancy rate in Greater Boston’s flex market increased by 2.3% to 18.1%, as compared to last quarter. Average asking lease rates decreased slightly (by $0.11 to $8.73), in the fourth consecutive quarter of decreasing rates. The asking lease rate is now 8% below recent peak levels.

“Given the current economic climate, it is not surprising to see softening in the industrial and flex markets,” said Brendan Carroll, vice president of research, Richards Barry Joyce & Partners. “Considering the changes in the broader economy, these markets are actually weathering the storm fairly well.”

To request a copy of either indSTATus – Spring 2009 or flexSTATus – Spring 2009, please send an email to research@rbjrealestate.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Releases Quarterly Report On Greater Boston’s Commercial Real Estate Office Market

Effects Of Slowing Economy Reflected In Increasing Vacancy Rates,
Decreasing Asking Lease Rates

BOSTON – April 6, 2009 – Greater Boston’s commercial real estate office market is not immune to the effects of the slowdown in the overall economy, with vacancy rates on the rise and asking lease rates for office space dropping accordingly. These findings were released by Richards Barry Joyce & Partners, a full-service commercial real estate advisory firm, in the firm’s quarterly report on the office market – officeSTATus – Spring 2009.

According to the report, overall vacancy rates in Greater Boston’s office market rose during the first quarter of 2009, moving up a percentage point from 13.4% to 14.4%. During the period, the market experienced negative absorption of 1.1 million square feet.

Class A office space was hit particularly hard. In the last two quarters since Q3’08, tenants have vacated 1.7 million square feet of Class A office space, increasing the vacancy rate from 10.5% to 13.1%. Additionally, Class A asking lease rates dropped $0.59 to $38.75 across the market.

“These statistics reflect the macroeconomic factors we’ve been hearing about recently,” said Brendan Carroll, vice president of research for RBJ. “Our preparedness for a downturn is far better than in previous cycles and there are definitely some indications that the market will withstand this challenge perhaps better than previous slowdowns.”

officeSTATus is logically ordered, beginning with an executive summary that provides highlights of the quarter. The “Economy & Real Estate” section places the quarter’s results into a broader economic context. Each of the primary submarkets – Boston CBD, Cambridge, Route 128 and Route I-495 – have a page devoted to specific findings for that region. The pertinent market statistics (vacancy, market size, absorption and availability) comprise a chart on the final page. The chart also includes statistics for laboratory space, creating a single, invaluable source for market data.

The current economic environment often calls for comparisons to previous downturns. In this quarter’s “Market Interesting” section, officeSTATus looks at the sublease market as it stands today and how it fared during the “tech bust” recession of 2001-2003.

To request a copy of RBJ’s officeSTATus – Spring 2009, please send an email to research@rbjrealestate.com.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Solomon Pond Park Signs Leases Totaling 140,000 SF

Richards Barry Joyce & Partners Represents BGI Holdings III, LLC In Leases
With AREVA, Blue Cod Technologies, Inc., And Park Place International

BOSTON – March 16, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented BGI Holdings III, LLC in four leases totaling 140,466 square feet at Solomon Pond Park in Marlborough, Mass. The tenants in the leases are AREVA, Blue Cod Technologies, Inc., and Park Place International.

Solomon Pond Park, a venture between Great Point Investors and Nordic Properties, is a master planned park with more than 700,000 square feet of existing office, R&D and flex space. Conveniently located in the center of the I-495 corridor, the park is situated on a 163-acre site and offers an excellent campus setting.

The park features an on-site cafeteria, two mile jogging trail and outdoor meeting/gathering areas. Additional in-park amenities include a Bright Horizons child care center, a Marriott Residence Inn, and the Solomon Pond Mall, with shops, food court, cinema and two full-service restaurants.

John Lashar, Brian McKenzie and Paul Leone of RBJ represented BGI Holdings III, LLC in the transactions. RBJ is the exclusive leasing agent for Solomon Pond Park.

“Solomon Pond Park continues to be an attractive location in the I-495 region,” said Paul Leone, vice president, RBJ. “This is a very competitive leasing environment and BGI Holdings has displayed flexibility and creativity in structuring transactions to attract local and national tenants.”

Specific details of the transactions follow:

AREVA has leased 43,709 square feet of office space at 400 Donald Lynch Boulevard. The company will occupy the entire third floor of the 116,800 square foot building. Based in Paris, AREVA is the world leader in nuclear power, offering customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. AREVA was represented by Robert Walles and Bill Behr of CB Richard Ellis.

Blue Cod Technologies, Inc. signed two leases in Solomon Pond Park, totaling 69,782. At 295 Donald Lynch Boulevard, the company expanded its space by 8,800 square feet and signed a lease extension on the entire building for a total of 40,019 square feet. Additionally, the company signed a new lease for 29,763 square feet of office space at 500 Donald Lynch Boulevard. Blue Cod, which delivers innovative software solutions and services for organizations in the property and casualty industry, was represented by Hank Amabile and John Coakley of Grubb & Ellis.

Park Place International signed a new lease for 26,975 square feet of office and light manufacturing space at 500 Donald Lynch Boulevard. The company moved to Solomon Pond Park from Uxbridge, Mass. Park Place, an independent service organization, provides post-warranty maintenance that enables customers to extend the life of information technology equipment at a significant cost savings over the manufacturer. The company was represented in the lease by Kevin Hanna of Cushman & Wakefield.

I-495 West Market Statistics
According to research by RBJ, the Route I-495 West submarket consists of 17,017,000 square feet of office space and was 17.4% vacant, as of the quarter ended December 31, 2008. [source: Richards Barry Joyce & Partners’ “officeSTATus – Winter 2009”]

About Nordic Properties
Nordic Properties is a real estate investment, development and asset management company. Established in 1995 by leading Boston-area real estate professionals, it is the investment affiliate of Nordblom Company, a distinguished 85-year Boston real estate company. Nordic values its strong relationships throughout the industry and general business community. Since inception, Nordic, in conjunction with its Nordblom platform, has transacted over 7 million square feet of commercial, industrial, residential and hotel work totaling over $1 billion in value. Nordic aligns with institutional and private investors to pursue opportunistic and patient projects throughout New England, with an emphasis on eastern Massachusetts. Nordic has the ability to handle complicated investments where significant value can be added through a hands-on approach. These transactions have included complicated sale-leasebacks, adaptive re-use and re-positioning projects, acquisition of corporate surplus properties, build-to-suits, residential conversions and portfolio purchases to name a few. For more information, visit www.nordicproperties.com.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Cross Point Towers Announce Four Leases Totaling More Than 160,000 SF

JPMorgan Chase, Verizon, Bitwave and Cass Information Systems Renew

BOSTON – Wednesday, March 11, 2009 – DivcoWest announced today that two long term leases totaling approximately 80,000 square feet were completed at Cross Point Towers in Lowell, Mass. The lease renewals, signed within the last thirty days by JPMorgan and Bitwave Semiconductor, brings to 160,000 square feet the total number of long-term leases executed at the property since the start of the credit crunch last summer. Verizon Communications and Cass Information Systems also renewed for 80,000 square feet under long term leases during the past eight months.

Boston-based Richard Barry Joyce & Partners (RBJ), the exclusive leasing agent for the iconic facility, negotiated all four previously unannounced leases. Cross Point Towers is owned in a joint venture between San Francisco-based DivcoWest and San Diego-based Yale Properties.

One of the most well known facilities in the Greater Boston suburbs, Cross Point is located at the intersection of Route I-495 and Route 3 at 900 Chelmsford Road in Lowell. Consisting of three interconnecting towers, Cross Point offers 1.2 million square feet of first class office space and state-of-the-art building systems and infrastructure. The towers currently have approximately 145,000 square feet of office space available (12 percent vacancy), in an approximate 14-million square feet office submarket which was 21.6% vacant, as of the quarter ended December 31, 2008, according to data provided by RBJ. Cross Point is well suited for medium to large sized tenants requiring flexibility in growth, heavy building infrastructure, and convenient highway access.

“One of the interesting impacts of these leases is the potential statement being made to the market by a fairly diversified group of large companies," according to John Wilson, partner, RBJ. “I’ve got a hunch that, given their completely independent decisions to remain in place and commit long term, there may be other firms who have been evaluating their locations who may choose on the same strategy. Instead of making no decision, they might see this as sign of confidence that it’s time go long term instead of year to year. In any case, the decisions that will be made in the next few months to remain in place or to relocate should provide a key indication of whether this market is finally becoming more fluid.”

The most highly visible structure in the submarket, Cross Point also features impressive interior design and a high level of amenities. The towers have two full-service dining rooms, a lobby shop with convenience retail, a Starbucks coffeehouse, and day care. Business amenities include a 500-seat auditorium, 200-person conference room and five smaller meeting rooms. Several brand name restaurants and a Showcase Cinema are adjacent to the tower’s large parking lot.

John Wilson, Brian McKenzie, James Lipscomb and Rob Byrne of RBJ represented Yale and DivcoWest in the transactions. “We are pleased that these tenants have renewed their commitment to Cross Point,” said James Lipscomb, vice president, Richards Barry Joyce & Partners. “These lease renewals indicate why the towers are considered one of the premier locations in the area. Cross Point has excellent infrastructure, a great lease value and a level of amenities unmatched in the market.”

Lease details:

JPMorgan Chase & Co. (NYSE: JPM) renewed a lease for 59,876 square feet of office space on the 11th floors of Towers 1 and 2. JPMorgan Chase is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The financial company represented itself in the transaction.

BitWave Semiconductor, Inc. signed a renewal lease for 20,190 square feet of office space on the seventh floor of Tower 3. The location serves as the company’s corporate headquarters. BitWave is a fabless semiconductor company and innovator of programmable radio frequency integrated circuits (RFIC). The company was represented by Parsons Commercial Group.

Verizon Communications Inc. (NYSE: VZ) signed a lease renewal for 63,540 square feet of office space on the second and third floors of Tower 2. CB Richard Ellis represented Verizon, a leader in delivering broadband and other communication innovations to wireline and wireless customers.

Cass Information Systems, Inc., (NASDAQ: CASS), the nation's leading provider of transportation, utility and telecom invoice payment and information services, renewed its lease for 17,500 square feet of office space on the first floor of Tower 1. Cass was represented by CresaPartners.

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About DivcoWest
www.divcowest.com

About Yale Properties USA
www.yaleusa.com

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Negotiates New Lease For Brookfield Properties

FactSet Research Systems Inc. Signs 36,119 SF Lease At 53 State Street, Boston, Mass.

BOSTON – January 27, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented Brookfield Properties (NYSE: BPO) in a new lease at 53 State Street in Boston’s Financial District.

The lease was signed with FactSet Research Systems Inc. (NYSE: FDS), a leading provider of integrated financial information and analytical applications to the global investment community. The lease is for 36,119 square feet of office space on the building’s sixth floor. FactSet will relocate from 1 Federal Street to 53 State Street, which is also known as Exchange Place.

Brookfield was represented in the transaction by Michael Joyce, partner, and Tom O’Regan, executive vice president, of RBJ. RBJ is the exclusive leasing agent for 53 State Street. FactSet was represented by DTZ FHO Partners.

“53 State Street is one of the premier buildings in Downtown Boston,” said Michael Joyce, partner, Richards Barry Joyce & Partners. “It offers all the features that attract tenants to the Financial District – location, amenities and a positive client impression.”

According to research by Richards Barry Joyce & Partners, the financial district in Downtown Boston consists of 33,447,000 square feet of office space and is 9.8% vacant, as of the quarter ended December 31, 2008 (source: Richards Barry Joyce & Partners’ “officeSTATus – Winter 2009”).

About 53 State Street
53 State Street is a Class A tower offering up to 12 corner offices per floor and has a total of 1,180,000 square feet of rentable space, 40 floors, and a distinctive reflective glass interior. The building was built in 1984 and has 6,300 square feet of space available. Onsite amenities include Xando/Cosi and Au Bon Pain cafés and Martin’s newsstand/convenience store. The building is within walking distance of Faneuil Hall Marketplace and all MBTA subway lines. It was named the “Office Building of the Year” by the Building Owners and Managers Association (BOMA) in 2005.

About Brookfield Properties Corporation
One of North America's largest commercial real estate companies, Brookfield Properties Corporation owns, develops and manages premier office properties. The office properties portfolio is comprised of interests in 108 properties totaling 74 million square feet in the downtown cores of New York, Boston, Washington, D.C., Los Angeles, Houston, Toronto, Calgary and Ottawa. Landmark assets include the World Financial Center in Manhattan, Brookfield Place in Toronto, Bank of America Plaza in Los Angeles and Bankers Hall in Calgary. The corporation also holds interests in over 15 million square feet of high-quality, centrally located development properties in its major markets. The corporation's common shares trade on the New York and Toronto stock exchanges under the symbol BPO. For further information, visit www.brookfieldproperties.com.

About Richards Barry Joyce & Partners, LLC

Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Brokers New Headquarters Lease For Makoto Life Sciences, Inc.

Makoto’s New Corporate HQ Will Become 15 DeAngelo Drive In Bedford, Mass.

BOSTON – January 21, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, announced today that it represented Makoto Life Sciences, Inc. in the company’s new headquarters lease at 15 DeAngelo Drive in Bedford, Mass.

Makoto, which specializes in small molecule target identification, is relocating to Bedford from Cambridge, following a growing trend of life sciences companies that are moving to Boston’s suburbs. Makoto has leased the entire, single floor laboratory and office building, which consists of 20,000 square feet. The space is being subleased from Applied Biosystems.

“RBJ helped us conduct a thorough real estate search to determine our best options in the region,” said Dr. Terry Russell, CEO of Makoto Life Sciences. “The decision to move to Bedford was based on accessibility of the building to employees’ homes, future growth opportunities and economics.”

Makoto was represented in the lease by Jonathan Varholak, Chris McCauley and Eric Smith of Richards Barry Joyce & Partners. Applied Biosystems, the sublandlord, was represented by Cushman & Wakefield.

According to research by RBJ, Greater Boston’s suburbs have 4,420,000 square feet of laboratory space, which was 9.4% vacant, as of the quarter ended December 31, 2008. [source: Richards Barry Joyce & Partners’ “officeSTATus –Winter 2009”]

About Makoto Life Sciences, Inc.
Makoto Life Sciences, Inc. specializes in small molecule target identification, the process of finding the cellular targets responsible for the biological effects of potentially valuable compounds of pharmacologic interest. The company seeks to identify targets and determine mechanisms of action of compounds in several therapeutic areas, including oncology, urology and allergic inflammation. Makoto is located in Bedford, Mass. To learn more visit www.makotolife.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Releases indSTATus and flexSTATus Reports

Commercial Real Estate Reports Highlight Greater Boston’s Industrial And Flex Markets

BOSTON – January 20, 2009 – Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, has released two commercial real estate reports on Greater Boston’s industrial and flex markets – indSTATus – Winter 2009 and flexSTATus – Winter 2009.

indSTATus focuses on the industrial market, which includeswarehouse and manufacturing property types. According to RBJ, vacancy in the warehouse market rose 0.4% to 16.2%, marking the third consecutive quarter of increasing vacancy. The manufacturing market held steady, with vacancy remaining flat at 15.5%. Asking lease rates for manufacturing space have dropped 12% in the past two quarters, although they are still 11% higher than levels a year ago.

Greater Boston’s flex market displayed strengths and weaknesses for the quarter, according to RBJ’s flexSTATus. Vacancy rates decreased 0.3% to 15.8%, marking the lowest rate since 2002. However, asking lease rates also decreased, down $0.37 to $8.84 – the lowest figure since 1998.

“This quarter’s results for the industrial and flex markets reflect the difficulties in the broader economic environment,” said Brendan Carroll, vice president of research, Richards Barry Joyce & Partners. “Older and less state-of-the-art buildings have been, and will likely continue to be, hardest hit.”

To request a copy of either indSTATus – Winter 2009 or flexSTATus – Winter 2009, please send an email to research@rbjrealestate.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company's focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners' unique platform offers a full range of real estate advisory services including market analysis, investment sales, financial analysis, corporate services, portfolio review, and consulting services. For more information, please visit our website at www.rbjrealestate.com.

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Richards Barry Joyce & Partners Represents International Data Corporation (IDC) and International Data Group (IDG) In Two Leases Totaling 142,754 SF

Richards Barry Joyce & Partners Releases New Research Reports: flexSTATus Fall 2009 and indSTATus Fall 2009

Richards Barry Joyce & Partners Announces Leases In Downtown Boston Totaling More Than 140,000 SF

Richards Barry Joyce & Partners Releases Q3 2009 Office Market Report

Richards Barry Joyce & Partners Represents MM Industrial Beeman Road, LLC In 342,900 SF Warehouse Lease

Richards Barry Joyce & Partners Brokers Headquarters / Laboratory Lease For BG Medicine, Inc.

Richards Barry Joyce & Partners Brokers New Headquarters Lease For Accela Communications

Richards Barry Joyce & Partners Represents Altid Enterprises, LLC In 246,000 SF Lease With The Timberland Company

Richards Barry Joyce & Partners Represents Normandy Real Estate Partners In Four Leases Totaling 87,700 SF

Richards Barry Joyce & Partners Releases Research Reports On Warehouse, Manufacturing And Flex Markets

Richards Barry Joyce & Partners Releases Quarterly Report On Greater Boston’s Commercial Real Estate Office Market

Biotechnology Real Estate Market Highlighted In New Report

Richards Barry Joyce & Partners Releases Quarterly Report On Greater Boston’s Commercial Real Estate Office Market

Richards Barry Joyce & Partners Represents BGI Holdings III, LLC In Leases With AREVA, Blue Cod Technologies, Inc., And Park Place International

Richards Barry Joyce & Partners Brokers Headquarters / Laboratory Lease
For BG Medicine, Inc.

Richards Barry Joyce & Partners Represents BGI Holdings III, LLC In Leases
With AREVA, Blue Cod Technologies, Inc., And Park Place International