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UPS Takes 33,840 SF for Office/Warehouse

WESTBOROUGH, MA-UPS Logistics decides to stay at 203 Flanders Rd. The company, which was using the location for office and warehouse space as a subtenant, signed a new lease for 33,840 sf in the building.

By Naomi Grossman | Updated on August 18, 2004

WESTBOROUGH, MA-UPS Logistics signed a lease for 33,840 sf at 203 Flanders Rd. The company will use the location for office and warehouse space. UPS Logistics signed a new lease for the space after having been a sub-tenant of the previous tenant in the building.

John Lashar and Jamey Lipscomb of Richards Barry Joyce & Partners represented property owner, Invesco Realty Advisors. Lashar, a partner at Richards Barry Joyce & Partners notes that the firm is seeing increasing demand for warehouse space throughout the market. Lease rates for warehouse space in the Greater Boston area is about $6 per sf.

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