Richards Barry Secures Lexington Corporate Center Leasing Assignment

LEXINGTON, MA- Richards Barry Joyce & Partners LLC nailed the leasing assignment for Lexington Corporate Center. The 285,000-sf, four-building complex was sold by Nordic Properties and Berwind Property Group to Essex River Ventures–a joint venture between Essex River Ventures and the Praedium Group LLC–for $35.3 million last month.

The complex is located at 10 Maguire Rd. near Route 128 on a 20-acre parcel. It is nearly 50% occupied with 130,000 sf of space available. The current tenant roster includes IBM/Rational, SGS Thomson, Marketsoft and AHA Associates. Jonathan M. Varholak, a partner at Richards Barry Joyce & Partners who will be directing the marketing effort with Brian McKenzie, partner, and Ron Friedman, associate, says that the firm is currently in discussions with several new tenants for the complex.