NEWS

August 3, 2009 - Combined Properties, Inc., Renews 12,240 SF Consolidated Service Corporation lease.

Chelsea, Ma – Combined Properties, Inc. today announced that it has signed a lease renewal with Consolidated Service Corporation. The lease totals 12,240 SF at 172-176 Williams Street, Chelsea, MA.

Consolidated Service Corp. provides complete janitorial services including building maintenance support. CPI and Consolidated have enjoyed a long relationship as they have been at the location for 9.5 years.

172-176 Williams Street is part of a 250,000 SF industrial complex strategically located at the foot of the Tobin Bridge and is 5 minutes from Logan International Airport and Downtown Boston.  There is one 12,865 SF light manufacturing/warehouse space still available in the building. The building is adjacent to CPI’s 191-201 Williams Street which has a 26,272 SF refrigerated space available, a rare occurrence in this market.

“The property’s amenities, competitive pricing and proximity to Logan International Airport, Cambridge and downtown Boston are key factors for many tenants.  We are happy to continue to meet Consolidated’s space needs and to provide outstanding service and value” said Combined Properties President John Pereira. V.P., Director of Leasing, Greg Regazzini represented Combined Properties, and the tenant represented themselves. 

Combined Properties, Inc. is a full-service real estate development firm specializing in high-quality office, R&D, industrial, and retail properties in the Northeast. Since its founding, the company has purchased, developed and managed over two million square feet of space. Most recently, the firm has launched an expansion into multi-family development. The firm is based in Malden, MA.