Eastport Executes two Lease Transactions at the New England Business Center

Wakefield, MA – Kim Anderson, Portfolio Manager for Eastport Real Estate Services, along with James Lipscomb and Brian Tisbert of JLL represented Andover MCB, LLC in the execution of two lease transactions at the New England Business Center located in Andover, MA.  The leases were completed with Arena Solutions and B.Yond.

Represented by Jack Fisher of Lincoln Property Company, Arena Solutions, a software company that enables innovative companies to design, produce, and deliver products to market, signed a lease for 2,571 square feet, that will commence on June 1st, 2019 at 10 New England Business Center, Andover, MA.    

As part of Arena Solutions’s new lease, Andover MCB, LLC provided a turn-key build out which included demolition of the existing infrastructure with new construction consisting of private offices, carpet, paint, kitchen, an open break area and two conference rooms.  Eastport managed the construction and worked closely with the architect (Walsh Cochis) and general contractor (Execuspace Construction) to deliver the space to Arena.

Represented by Ross Gaudet of Newmark Knight Frank, B.Yond signed a long term lease for 2,999 square feet that will commence on June 1st, 2019 in 10 New England Business Center, Andover, MA.

As part of B.Yond’s lease, the landlord provided a turn key tenant build out which included demolition of the entire space with construction of several private offices, carpet, paint, kitchen, break room and conference rooms.  Eastport managed the construction for this project as well along with Walsh Cochis and Execuspace Construction to deliver the space to B.Yond. 

Kim states “We are thrilled to have these new tenants as part of our community at the New England Business Center.  The new 20,000 square foot Amenity Center that is slated to open in June was part of the driver for this activity.  We have a lot of exciting new projects on site and look forward to building strong tenant relationships.”

Eastport Real Estate Services is a property management and consulting firm with a singular intent: to create, enhance and preserve value for our clients.  Eastport manages a wide range of property types, including commercial, retail, medical, and office/medical condominiums throughout New England.  In addition to third party management services, Eastport also offers: brokerage coordination, development and acquisition, accounting, roving maintenance services, construction and capital coordination and asset management services.   Founded in 1995, Eastport Real Estate Services is located at 107 Audubon Road, 2-301, Wakefield, MA  01880.

For further information, contact Kim Anderson
781-890-5855, x127