For more about our properties in Chelsea, visit:
ChelseaWorks.com |
Dec., 2006 - Combined Properties, Inc. completes four leases totaling 92,300 s/f in Chelsea, MA |
Chelsea, MA - Combined Properties, Inc., the owner of a 250,900 s.f. industrial complex abutting the Admiral Hill section of Chelsea, MA has negotiated four leases totaling 92,300 square feet.
W &W Trading, a wholesaler of food products and restaurant supplies signed a new lease for 22,500 s/f at 21 Arlington Street, Chelsea, MA.
Combined Properties also added Hub Foods to its tenant roster. Hub Foods leased 21,025 s.f. at 174 Williams Street, Chelsea, MA. Hub Foods is a wholesaler of baked goods and snack products. Hub Foods hopes to expand its operations at 174 Williams Street to include a more diverse line of wholesale food products and related items.
In a third transaction Combined signed a new lease totaling 26,272 s.f., with JJR Distribution. JJR is one of the regions largest suppliers of fruits and vegetables.
In a fourth transaction within the complex, Combined executed a lease renewal with Steel Canvas Basket totaling 23,634s.f . The company is a manufacturer of steel canvas baskets which are distributed nationwide for use in a wide range of commercial, industrial and institutional settings.
W& W Trading was represented by Steve Norden of Burgess Properties and Hub Foods was represented by Phil Burgess, principal of Burgesss Properties. Combined Properties, Inc was represented in all four transactions by V.P. of Leasing, Greg Regazzini.
“We are very pleased to have added three new companies to our portfolio of tenants,” said Combined Properties President John Pereira. “We’re glad to accommodate each company’s needs and look forward to developing long standing relations with each of them as we have with Steel Canvas Basket.” Phil Burgess added that “both the Hub Food and W & W Trading deals were time sensitive and in each instance Combined Properties was able to deliver”.
Combined Properties, Inc. is a full-service real estate investment and development firm specializing in high-quality office, R & D, residential, industrial, and retail properties in the Northeast. Since its founding, the company has purchased, developed and managed over two million square feet of space. In September of this year 160 Pleasant Street, their 204-unit luxury high rise apartment building located steps from the Orange line in Malden Center, opened for lease-up. The firm is based in Malden, MA.
|