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VinCo Properties is a real estate development company that specializes in creating value through the repositioning of existing buildings and undeveloped land.
Requirement: |
- RBJ represented VinCo Properties in its purchase of 180 Hartwell Road, Bedford
- VinCo retained RBJ to market and lease the 400,000 SF space
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| Solution: |
- Aggressive marketing campaign to identify possible buyers
- Properly position the building as one of few large space blocks of space near Route 128
- Participated in extensive negotiation process
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| Result: |
- Despite the significant market risk involved with the 400,000 SF of empty space, the building attracted immediate interest
- Structured a 15-year lease with Instrumentation Labs, with phased-in occupancy over a thirty-six month period
- Currently marketing stabilized asset for sale to investment community
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