|
|
Campanelli Companies is a full service commercial real estate development company with extensive experience in the industrial, office, warehouse/distribution and retail markets.
20 Walkup Drive, Westborough, MA
Requirement: |
- RBJ hired as exclusive agent by Zygo Corporation to dispose of excess 113,000 square foot R&D building with highly specialized lab infrastructure.
- In 2005, RBJ identified a buyer in Campanelli Companies, a local investment/development company willing to take leasing risk on vacant building.
- RBJ tasked with identifying an appropriate user to take advantage of infrastructure improvements.
|
| Solution: |
- RBJ recognized the full range of uses for the building: office, laboratory, R&D space.
- Market the building to a wide range of companies throughout Southern New England.
- Identify the companies who would potentially be interested in the building.
|
| Result: |
- RBJ was able to attract significant interest in the building.
- RenaMed Biologics signed a 15-year lease for the entire building, using the space for corporate headquarters, lab and R&D.
- Company will re-locate to 20 Walkup Drive from Rhode Island.
|
| |
|
|
