Christopher Curley, principal of Newmark, recently represented Capital Commercial Investments, Inc. in three lease renewals totaling 119,658 square feet at the newly renovated 495 Business Center in Tewksbury, Massachusetts. Philips Electronics North America Corp. renewed 82,700 square feet at 500 Business Center Drive. Philips Electronics North America Corp. was represented by John Wilson of Richards Barry Joyce & Partners. At 400 Business Center Drive, CompuCom Systems, Inc. renewed 32,844 square feet and Sonexis Technology, Inc. renewed 4,114 square feet. CompuCom Systems was represented by Mark Reardon of CB Richard Ellis, while Troy Coady and Brian Morrissey of Jones Lang LaSalle represented Sonexis Technology, Inc.
495 Business Center is a master-planned business park located one quarter mile from the interchange of I-495 and Route 133, benefitting from 3,000 feet of frontage on I-495 in Tewksbury, MA. The Property is approximately 2 miles from I-93 via both I-495 and Route 133 and 25 miles from downtown Boston and Logan Airport. The campus consists of high-tech office, high-bay warehouse, flex, and light manufacturing space encompassed in four attached and interconnected buildings (Buildings 200, 300, 400 and 500) totaling 722,000 rentable square feet.
About Capital Commercial Investments
Capital Commercial Investments, Inc. (CCI) is a real estate investment firm based in Austin, Texas, which specializes in locating and purchasing undervalued commercial investment properties throughout the United States. The core investment belief at the start of CCI over 18 years ago was “Capital Preservation First, Profits Second.” After more than 100 limited partnerships and the launch of our CCI Private Equity Funds, CCI remains unwavering in its commitment to this credo. To learn more, visit capitalcommercial.com.
About Newmark
Newmark is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark and London-based partner Knight Frank operate from more than 240 offices in established and emerging property markets on five continents. With a combined staff of more than 7,000 and revenues last year exceeding $993 million, this major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide. For further information, visit www.newmarkkf.com.