The transaction in the Canton Corporate Center occurred just prior to the sale of a red-brick office building in Weymouth to a medical practice that will occupy the 5,500-sf structure. Physicians David Blaustein and Stephen Koelbel paid $815,000 for the two-story building located off Route 18 at 15 Winter Ct.

"Route 18 in Weymouth is becoming the medical corridor of the South Shore," says Cushman & Wakefield senior director J.P, Plunkett, who orchestrated both deals for the sellers along with C&W senior director Catherine Minnerly. C&W associate Jason Bryer assisted in the Weymouth sale, while Christopher Griffin of C&W's Middle Markets Group joined in helping iStar Financial peddle 85 Dan Rd. DTZ FHO Partners principal Sean Teague handled negotiations for the buyers of that asset, 85 Dan Rd. Associates LLC. Organogenesis CEO Geoff MacKay is listed as a director of the LLC along with other company officials.

Industry observers concur that medical-related entities are helping the South Shore's flex and office submarkets rebound from a late-season slump in 2007. A March 5th GlobeSt.com article detailed the $5.7 million purchase of another Canton building, 95 Shawmut Rd., which buyers Denison Hall and Adam Berger plan to revitalize as flex product. Broker Steve Clancy of CB Richard Ellis says in the article that healthcare groups are prime candidates for occupying the 84,000-sf building, adding that he is aiding several clients from that arena seeking space on the South Shore. The surge is coming from local startups, he says, and from outside firms who see that region as having the competitive rents, expansion options and skilled labor desired by the medical industry.