Combined Properties Leases 4,727 SF of First Class Retail Space in Malden, MA

159CentreStBMCombined Properties Inc, a full-service real estate investment and development firm, is pleased to announce the recent signing of two retail leases at 155-159 Centre Street in Malden, MA.

Sprint, which is the fourth largest mobile network operator in the United States, serving 59.7 million customers will occupy 1,791 SF.

T-Mobile which is one of the largest providers of wireless voice and data communications services in the US has leased 2,936 SF of space.  The company’s advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers.  Sprint and T-Mobile will join Bank of America and H & R Block in this prominent Central Business District (CBD) retail property.

“We are very excited and proud to have two first in class retailers relocating to this prominent CBD location” said Combined Properties VP, Director of Leasing, Greg Regazzini. “Malden continues to attract regional and national retailers who have discovered that the city offers solid demographics and a business-friendly environment.  He added “it is not only retailers who have discovered what the city has to offer.  As prices in all asset classes continue to soar in Boston and Cambridge we have seen a steady flow of varied companies and young professionals taking advantage of Malden’s location along the MBTA Orange Line, proximity to major roadways, quality housing and diverse CBD amenities”.

Combined was represented by Mr. Regazzini. Sprint was represented in house and T-Mobile was represented by Brian Nadler and Ed Gerwig of National Commercial Brokers, Inc.