C&W Brokers 156,000 SF in Leases

(Read more on the industrial market.)

QUINCY, MA-Two large industrial leases south of Boston have been signed, including one here in the city’s northern section where Fallon Ambulance has secured 69,000 sf at 199 Commander Shea Blvd. That full-building commitment and a renewal for 87,000 sf at the Boston Business Park off Route 128 in Boston were negotiated by the south suburban team at Cushman & Wakefield of Massachusetts.

In the Quincy transaction, Fallon Ambulance will relocate to the property near the Neponset River Bridge that had served as home to Hudson News Corp. for nearly 30 years. The site provides Fallon with quick access to Boston and the South Shore, according to C&W, who declined to discuss terms beyond calling it a “long-term commitment.” Marketing data reviewed by GlobeSt.com showed the space being advertised at $6.75 per sf prior to Fallon securing the building. Hudson News, which recently consolidated its New England operations in Worcester, is retaining ownership of 199 Commander Shea Blvd.