Boston — Newmark Knight Frank announced that it has recently completed two new leases to 7-Eleven and S-L Distribution Company, LLC totaling 127,500 square feet at Building 1 of the Campanelli Business Park of Bellingham, MA.
NKF Executive Managing Directors Rick Schuhwerk, Ed Jarosz and Tony Coskren, along with Managing Director Brian Pinch and Associate Lizzie Kusbit, represented the property owners, Campanelli and Clarion Partners, in the lease negotiations, bringing the building to full occupancy.
Situated in the Campanelli Business Park of Bellingham, Building 1 is a 127,500-square-foot state-of-the-art, Class A industrial warehouse. Delivered in October 2018, the property features tilt-up construction with 32’ clear heights, 26 loading docks and two drive-in doors.
Relocating from Wrentham, Massachusetts, 7-Eleven signed a 50,750-square-foot lease at Building 1. NKF represented ownership as well as the tenant in this transaction, with NKF Associate Director Tyler McGrail and ESRP’s Brad Struck and Sharon Morrison representing 7-Eleven. “7-Eleven was in need of approximately 50,000 square feet with a facility that had as many doors as possible,” said McGrail. “The Campanelli Business Park of Bellingham was a great fit for our client due to the numerous loading docks, doors and modern features it has. Campanelli did a great job securing 7-Eleven on a tight timeline.”
S-L Distribution Company, LLC, a subsidiary of Snyder’s-Lance, Inc., leased 76,750 square feet at Building 1. Relocating from Foxboro, Massachusetts, the firm was in a need of a new, high-bay warehouse with a minimum of ten doors in the 495/South market. NKF represented ownership in the lease negotiations and Rob Byrne, Paul Leone and George O’Connor of Cushman & Wakefield represented S-L Distribution Company, LLC.
“We are pleased to have represented ownership in these significant lease transactions at the Campanelli Business Park of Bellingham,” said Jarosz. “Building 1 was developed specifically to provide the best-in-class specs that are in high demand of nationally based tenants. Ownership constructed a top-notch building, and as a result, it has quickly leased up.”
The Campanelli Business Park of Bellingham comprises of newly-delivered, 427,500 square feet of Class A industrial warehouse space. The modern industrial park offers leasing opportunities from 40,000 square feet up to 427,500 square feet for logistics and distribution companies in the Greater Boston area. Ideally located adjacent to Interstate 495 with easy access to Boston and Providence, the Park is an ideal destination for distribution centers as well corporate offices. Building 2 has approximately 300,000 square feet available now, which NKF will continue to market.