MILFORD, MA – Parsons Commercial Group announced the completion of a 7,500-SF lease at 1 Maple Street in Milford, MA, a 23,500 square foot office building located in the Birch Street business area.
Commercial Real Estate Advisor, Marilyn Santiago and Vice President, Victor Galvani of SVN Parsons Commercial Group have been marketing the property to attract companies looking for space that offers a combination of open space and private offices and are move-in ready.
“We are at almost 100% occupancy after an aggressive campaign with one suite left,” commented Santiago.
Recently, Kennedy-Donovan Center leased the entire top floor of the building for their Metrowest regional offices. KDC is a human service agency providing a wide range of direct and supportive services to families throughout Massachusetts and Connecticut. KDC serves 160 communities and employs over 550 people.
The building has attracted a solid mix of tenants from technology firms, medical services to general office.
The property is well maintained with local and hands on property management and ownership; it is located within an active business center that includes thriving companies such as: Amazon, Waters Corporation, Tri-County Medical Associates, Invacare, Baxter Healthcare, SeraCare Life Sciences, Salmon Health and Retirement and more; provides almost 100 parking spaces; and well located just minutes to Route 495 (Exit 19).
This same corridor of Milford has seen an increase in retail activity, amenities and improvements after a $20 million investment by New York City property manager RD Management at Milford Crossing. Milford Crossing now provides area businesses and buildings like 1 Maple Street convenient amenities in a modern shopping plaza. Retailers at the center include: Stop & Shop, Starbucks, TJ Maxx, Home Goods, Red Heat Tavern, Chipotle and more to come.