BOSTON–Colliers recently negotiated the renewal of a 152,000 sf lease at 100 Meadow Street, Boston. Colliers represented HD Supply in this strategic extension of their lease.
Austin Smith was the lead negotiator of the transaction. Smith also was the broker who originally brought HD Supply to the building moving them from Norwood to Boston. The property was recently acquired by National Development of Newton.
After careful study of market conditions, Smith was able to design attractive renewal terms and successfully negotiated on behalf of the client. National was represented by Transwestern.
This is a strategic location for HD Supply gaining them access to both the suburbs as well as down town clients. The space has virtually all the dimensional characteristics of a modern warehouse being 30 feet clear and having ESFR sprinklers as well as capacious loading doors.