Tim Latham, with Lincoln Property Company's Boston office, tells GlobeSt.com that the security, network services and embedded processor solutions firm added 12,000 sf to its existing 11,000 sf facility under a sublease with Synopsis Inc. Terms of that lease were not disclosed but Latham says 23,000 sf of direct lease space remaining in the 160,000 sf, three-story Class A office building is being marketed for $21 per sf gross
.The building, which was acquired by Spear Street Capital in September, is about 75% occupied by businesses that include Synopsis Inc. and Staples. Latham along with Kevin Malloy, also with Lincoln Property Company, handled the transaction for Cavium Networks. The sublandlord, Synopsis Inc., was represented by Warren Wixen of Bailes & Associates, of Los Angeles, and Sue Donovan and Joe Fallon of The Trammell Crow Company's Boston office.
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