Debra Lee Stevens, CCIM, principal of GVA Thompson Doyle Hennessey & Stevens, represented the property owner, Davidson Management as exclusive agent. Rob Nahigian of Auburndale Realty represented the Tenant, North Bennett Street School.

The space is located in one of three consecutive industrial buildings that were previously fully occupied by Babcock Davis, a metal fabricator. The company was sold and the facilities here were relocated. Each of the buildings range from 20,000 sf to 35,000 sf. The first building is fully occupied by Gold's Gym. North Bennett occupies the second building with Boston Globe's distribution company.

Stevens tells GlobeSt.com that there is a lot of interest in the third building, specifically from a high end bicycle manufacturer. She says that average lease rates for this type of space ranges from $7 to $10 per sf depending upon the space.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.