MARLBORO, MA-REON Broadband Corp. signed an agreement with New Boston Fund to offer broadband services to ten of its commercial real estate assets in the New England region. The buildings in this state are located here in Marlboro and in Stoneham, Newton and Waltham.

Locally-based REON Broadband specializes in wiring small to medium-sized buildings and office parks, mainly in suburban areas. The company wires the infrastructure to handle high-speed internet access and can also provide tenants with data storage, web site development and network security among a number of other services. New Boston Fund does not invest in the service but each tenant that signs on is charged an access fee.

“We see the number of properties from New Boston going up,” a spokesperson for REON tells GlobeSt.com, as she emphasizes that the wiring of a building for broadband services raises the value of a property. “The infrastructure is now wired to handle necessary communication a business needs,” the spokesperson points out. “This attracts new tenants and helps maintain existing ones.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.