Harte-Hanks About To Ink 65,000-SF Lease

BILLERICA, MA-The Concord Road Corporate Center, a 353,000-sf office park here, will soon welcome Harte-Hanks Inc., global marketing company, from two locations across town, sources say. The pending deal is said to exceed 65,000 sf and comes amidst stronger tenant activity along the Route 3 corridor. Also, San Antonio-based Harte-Hanks signed a separate lease to remain at 25 Linnell Circle, securing a 10-year expansion to 29,000 sf, confirms CBRE/New England broker Mark Reardon.

The consolidation from 164 and 170 Lexington Rd. will leave both of those properties empty by autumn, but the separate owners are moving swiftly to take advantage of the rising market. Richards Barry Joyce & Partners has been hired by Boston Properties to lease or sell 164 Lexington Rd., the landlord tells GlobeSt.com, while Meredith & Grew is shopping 170 Lexington Rd. for sale or lease on behalf of CrossHarbor Capital Partners, a Boston-based real estate investor.

“It’s a great little building,” says M&G SVP Matt Daniels, praising 170 Lexington Rd.’s access to Route 3, high visibility and the 34,000-sf footprint that he says “makes it ideal” for a single occupant. “The building is an excellent user-buyer play,” he says. Constructed in 1997, it is fitted with modern systems and technology, he says, and is located on a five-acre parcel that accommodates 127 parking spaces. The marketing team includes M&G associate vice president Joseph Crowley and associate Chris Lawrence.