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IBM Renews 200,000-SF Three-Building Lease

LEXINGTON, MA-In a lease deal that is one of the largest in the greater Boston area this year, IBM renews its lease at the Kiln Brook Office Park. The company occupies a three-building campus totaling 200,000 sf.

By Naomi Grossman | Updated on August 12, 2004

LEXINGTON, MA-IBM renewed its lease at the Kiln Brook Office Park. The space the company occupies is comprised of 97,571 sf at 20 Maguire Rd., 59,518 sf at 81 Hartwell Ave. and 43,821 sf at 83 Hartwell Ave., a three-building campus. The lease is one of the largest in the greater Boston area this year.

Lenny Owens, executive vice president of McCall & Almy, represented IBM in conjunction with Ken Lowell, program manager of real estate operations at IBM. The Kiln Brook Office Park is owned by a Morgan Stanley-advised client. Morgan Stanley was advised by Trammell Crow Co.’s John Boyle, principal; Keith Gurtler, senior vice president; Pat Cooper, property manager; and Deanne Conte, vice president.

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