Rule|Boston Camera Rental to Relocate and Expand Headquarters in Brighton, Massachusetts
December 8, 2008

Boston, Massachusetts — Rule|Boston Camera Rental has executed a new lease to relocate from its Watertown and Brighton locations, increasing the size of its existing facilities to 17,996 square feet at 1284 Soldiers Field Road in Brighton, Massachusetts. The move is planned for the end of December 2008.

The Colliers Meredith & Grew team of Elias T. Demakes and John A. Carroll III represented Rule|Boston Camera Rental in the transaction. The landlord, Harvard Real Estate, was represented by Peter Bekarian and John Osten of Jones Lang LaSalle. Specifics of the lease transaction were not disclosed.

1284 Soldiers Field Road is a one-story 33,206-square-foot office building located in Brighton, Massachusetts just minutes from downtown Boston.

“It was a real challenge to find the perfect convergence of space and location,” said John Rule, founder and owner of Rule Broadcast Systems. "After months of searching, we could appreciate the 1284 Soldiers Field Road’s proximity to major roadways and its easy access to public transportation. And with more space, the interior layout gives us the flexibility we need as we combine resources with Boston Camera. Our new location will lead to a more efficient and positive experience for our customers.”

Merrimack Pharmaceuticals Expands at One Kendall Square in Cambridge
December 8, 2008

Boston, Massachusetts — Merrimack Pharmaceuticals, Inc., a biotechnology company focused on the discovery and development of novel treatments for autoimmune disease and cancer, has expanded by 18,748 square feet of additional laboratory and office space in Building 600/700 at the One Kendall Square complex in Cambridge. Merrimack will now occupy a total of 50,495 square feet and be the largest tenant in the building. Merrimack will renovate former Genzyme laboratory space on the fourth floor with a planned move-in date of April 2009.

Colliers Meredith & Grew’s Joe Flaherty and Tucker Hansen represented Merrimack Pharmaceuticals in the transaction. J. Duncan Gratton and Kim Roop of DTZ FHO Partners represented the landlord, The Beal Companies. Specifics of the lease transaction were not disclosed.

Built in 1916 and renovated in 1986 and 2008, Building 600/700 is a 234,631-square-foot, five-story, Class A research facility offering wet laboratory and office space. Building 600/700 is part of the One Kendall Square campus, which consists of nine buildings totaling more than 670,000 square feet of laboratory, office and retail space. The site is a short walk to the MIT campus and the MBTA Red Line station at Kendall Square. On site amenities include a 1,500 car parking garage, six restaurants, Bright Horizons child care and the Kendall Square Cinema.

Flaherty of Colliers Meredith & Grew Elected President of CBA
December 2, 2008

Boston, Massachusetts — Executive Vice President Joseph P. Flaherty of Colliers Meredith & Grew has been elected President of the Commercial Brokers Association (CBA) for 2009. The CBA is a division of the Greater Boston Real Estate Board.

The CBA is an association of approximately 390 commercial real estate brokers who practice in eastern Massachusetts. CBA members are an integral part of the Greater Boston Real Estate Board, the most powerful, unified voice of the real estate industry in Boston.

The CBA is committed to providing its members with superior, relevant educational programs; multiple networking events throughout each year; recognition to firms and to individuals for industry and professional excellence; mediation and arbitration services; and advocacy on behalf of the commercial brokerage industry on municipal and state regulatory and legislative issues.

Additionally, the CBA is committed to giving back to the community with its continued support of its designated charity, Caritas Communities, a non-profit provider of housing for the working poor. In total, CBA has donated $110,000 over the past four years and more recently has provided work crews made up of CBA members to help fix up specific Caritas properties. With 650 rooms, Caritas is greater Boston’s largest non-profit, non-sectarian owner of single room occupancy houses, providing affordable housing in Boston and ten suburban communities.

“I am pleased to be able to serve my fellow commercial brokers and look forward to working with the new CBA Board in 2009 and to continuing the fine work and exciting initiatives of my predecessor Mark Stevens, CBA’s outgoing President” said Flaherty.

BIND Biosciences Subleases 26,148 Square Feet at 64 Sidney Street in Cambridge
December 2, 2008

Boston, Massachusetts — BIND Biosciences, Inc., a privately held biopharmaceutical company developing an entirely new class of targeted therapeutics based on multifunctional nanoparticles, has subleased 26,148 square feet of laboratory and office space from Alkermes, Inc. at 64 Sidney Street located in University Park at MIT in Cambridge.

Colliers Meredith & Grew’s Joe Flaherty, Tucker Hansen and Ben Coffin represented Alkermes, Inc., the sublandlord, in the transaction. Jon Varholak and Eric Smith of Richard Barry Joyce & Partners represented BIND Biosciences. Specifics of the sublease transaction were not disclosed.

Peptimmune Subleases 13,596 Square Feet at 64 Sidney Street in Cambridge, Massachusetts
November 20, 2008

Boston, Massachusetts — Peptimmune, Inc. has executed a sublease for 13,395 square feet of laboratory and office space at 64 Sidney Street located in University Park at MIT in Cambridge. Colliers Meredith & Grew’s Joe Flaherty, Tucker Hansen and Ben Coffin represented both the subtenant, Peptimmune, and the sublandlord, Alkermes, Inc., in the transaction. Specifics of the sublease transaction were not disclosed.

Colliers Meredith & Grew Closes 77,177 SF of Signed Leases at Brickstone Square in Andover, Massachusetts
November 18, 2008

Boston, Massachusetts — Senior Vice President Matthew J. Daniels, Assistant Vice President Christopher E. Lawrence and Associate Brian L. Tisbert of Colliers Meredith & Grew have recently represented landlord, Transwestern Investment Company, in ten leases totaling 77,177 square feet at Brickstone Square in Andover, Massachusetts.

This most recent round of lease signings reinforces Transwestern’s commitment to a diverse range of companies at Brickstone Square. Ophthalmic Research Associates, a full-service contract and research firm for the ophthalmic and pharmaceutical industries, signed a new lease for 28,770 square feet and was represented by Gregory Klemmer of Klemmer Associates, LLC.

Targeting and custom data solutions firm, Genalytics, Inc., became a new tenant by executing a new 9,704-square-foot lease for its headquarters. Mitchell Jacoby of CresaPartners represented Genalytics in the transaction.

Broadcom Corporation, a global leader in the supply of semiconductor technology to the wireless and telecommunications industry, expanded its existing space within Brickstone Square by 9,683 square feet.

Autotrader.com, Inc., a premier website servicing the automotive sales industry, renewed its 8,412-square-foot lease and was represented by Jason Levendusky of C.B. Richard Ellis/New England.

Cairnstone, Inc., an underwriter for the medical stop loss industry, relocated to Brickstone Square by signing a new lease for 6,689 square feet. Cairnstone, Inc. was represented by Richard Ruggiero of Cushman & Wakefield.

Volcano Corporation, formerly Novelis, executed a new lease for 5,049 square feet to relocate to Brickstone Square from Methuen, MA. Volcano specializes in the development of ultrasonic visualization technology devices for minimally invasive medical procedures.

SaleStart, a recruiting firm specializing in the placement of top sales professionals, signed a new lease for 3,817 square feet.

Mitsubishi International Corporation renewed its lease for 2,954 square feet and was represented by Sean Lynch of Jones Lang LaSalle.

Global Business Dimensions Inc, a provider of software solutions and services to top firms and Fortune 500 companies, renewed its lease for 2,099 square feet.

Details of the specific leases were not disclosed.

“Transwestern speculatively renovated suites ranging in size to accommodate tenants with leases expiring in the short term, and much of this new activity has come in from these new ready-made suites,” said Daniels. “In addition to these transactions, we’ve seen considerable activity from other existing tenants at the park and from prospective tenants touring the market.”

“Given Transwestern’s continued commitment to providing a true Class A environment along Route 495 and Brickstone’s ability to provide tenants with flexibility and an outstanding amenity package, we feel we have a competitive advantage in the market,” noted Lawrence.

Brickstone Square is a signature suburban business center with three first-class office and R&D buildings, totaling approximately one million square feet, in an attractive campus setting. Amenities include a 3,000+ space parking facility, a 564-seat cafeteria, a fitness center, a Bright Horizons Family Solutions day care, 24/7 security, volleyball courts and on-site property management. Located near the Route 495 and 125 interchange in Andover, Massachusetts, Brickstone Square is easily accessible from Routes 114, 133 and 125. Its buildings are within minutes of Andover’s MBTA Commuter Rail Station and Andover Center.

Photo available upon request.

Colliers Meredith & Grew Represents Edwards Vacuum in 14,852-Square-Foot Lease
November 17, 2008

Boston, Massachusetts — Edwards Vacuum has executed a new 14,852-square-foot lease to relocate its office from 301 Ballardvale Street in Wilmington to 3 Highwood Drive in Tewksbury, Massachusetts. The move is planned for late Fall 2008.

Senior Vice President Matthew J. Daniels and Assistant Vice President Christopher E. Lawrence of Colliers Meredith & Grew represented Edwards Vacuum in the transaction. The landlord, BPG Properties, Ltd., was represented by Director Matthew S. Adams of Cushman & Wakefield. Specifics of the lease transaction were not disclosed.

3 Highwood Drive consists of 105,718 square feet of first-class office space. This two-story, multi-tenanted building is located within the campus setting of Highwood Office Park in Tewksbury, Massachusetts. Conveniently located at the intersections of Route 495 and Route 133, it offers easy access to Routes 93 and 3. Amenities include a fitness center, café and an on-site hotel with dining and conference facilities.

AVEO Pharmaceuticals Subleases 7,407 Square Feet at 64 Sidney Street in Cambridge
November 4, 2008

Boston, Massachusetts — AVEO Pharmaceuticals, a clinical-stage biopharmaceutical company focused on the discovery and development of novel, targeted cancer therapeutics, has executed a 7,407-square-foot sublease of office space at 64 Sidney Street located in University Park at MIT in Cambridge. The space will serve as expansion space for AVEO, which now occupies a total of 62,407 square feet in University Park.

The Colliers Meredith & Grew team of Joe Flaherty, Tucker Hansen and Ben Coffin represented Alkermes, Inc., the sublandlord, in the transaction. Jon Varholak and Eric Smith of Richard Barry Joyce & Partners represented AVEO Pharmaceuticals. Specifics of the sublease transaction were not disclosed.

Turbine, Inc. Signs 22,497-Square-Foot Lease at Dedham Executive Center
October 28, 2008

Boston, Massachusetts — Turbine, Inc., a premier creator and operator of massive, persistent online worlds that foster powerful social gaming communities, has executed a 22,497-square-foot lease for a new office location at Dedham Executive Center in Dedham, Massachusetts.

The Colliers Meredith & Grew team of Jim Elcock, Dave Goodhue and Bill Lynch represented the landlord, KS Partners, LLC, in the transaction. Turbine, Inc. was represented by Mark Mulvey and Tom Kent of DTZ FHO Partners. Specifics of the lease transaction were not disclosed.

Dedham Executive Center is an 180,000-square-foot, three-story, Class A office building located at 980-990 Washington Street in Dedham, Massachusetts, at the intersection of Routes 128 and 1. Three MBTA commuter rail stations and the University Avenue Amtrak Station are within a five-minute drive of the property. Amenities include an under-building parking garage, conferencing facility, food service and on-site management. There are also numerous area amenities including hotels, restaurants, banks, shopping centers and daycare facilities within a three-mile radius.

“Dedham Executive Center is a great solution for Turbine’s growing real estate needs due to its proximity to their headquarters in Westwood and the abundant building and area amenities,” said Elcock.

BioEnergy International, LLC Expands at 42 West Cummings Park in Woburn, Massachusetts
October 9, 2008

Boston, Massachusetts — BioEnergy International, LLC, a science and technology leader in the development of multi-product biorefineries that produces biofuels and bio-based specialty chemicals, has expanded its lease by 7,008 square feet at 42 West Cummings Park In Woburn, Massachusetts. BioEnergy now occupies 17,760 square feet at the property.

The Colliers Meredith & Grew team of Executive Vice President James L. Elcock, Assistant Vice President David B. Goodhue and Associate William C. Lynch represented BioEnergy International in the transaction. The landlord, Cummings Properties, was represented in-house by Leasing/Property Manager Derek S. Russell. Specifics of these lease transaction was not disclosed.

“Cummings Properties provided BioEnergy International with the ability to expand seamlessly into a contiguous space,” said Goodhue. “This was truly a win-win situation for both parties.”

42 West Cummings Park is a single-story, 142,000-square-foot light manufacturing building located in Woburn, Massachusetts. The property offers easy access to Routes 128 and 93. On-site amenities and services include restaurants, dry cleaners, hair salons and daycare.

Hebrew SeniorLife Signs Lease at 300 First Avenue in Needham, Massachusetts
October 8, 2008

Boston, Massachusetts — Hebrew SeniorLife has executed a new 13,835-square-foot lease for its executive offices at 300 First Avenue in Needham, Massachusetts. The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Vice President Elias T. Demakes represented both Hebrew SeniorLife and the landlord, Three Hundred Realty Trust, in the transaction. Specifics of the lease transaction were not disclosed.

300 First Avenue is a three-story, 75,000-square-foot Class A office building located a quarter mile from Exit 19 off Route 128 in the heart of the New England Business Center in Needham, Massachusetts. Amenities include on-site ownership/management, structured parking and easy access to numerous shopping and restaurants located within walking distance.

Azimuth Systems, Inc. Expands Office at Nagog Office Park in Acton, Massachusetts
October 1, 2008

Boston, Massachusetts — Azimuth Systems, Inc. has extended its lease and expanded its corporate headquarters within the Nagog Office Park in Acton, Massachusetts. Azimuth Systems will occupy 16,545 square feet within the park when it moves from 31 Nagog Park to 35 Nagog Park in December 2008.

Colliers Meredith & Grew Senior Vice President Theodore A. Lee and Assistant Vice President Christopher E. Lawrence represented Azimuth Systems in the transaction. The landlord, KBS Realty Advisors, was represented by Partner Brian M. McKenzie and Associate Robert Byrne of Richards Barry Joyce & Partners. Specifics of the lease transaction were not disclosed.

Nagog Office Park is a 73-acre master planned development consisting of eight office buildings totaling approximately 400,000 square feet. The property is located directly off Route 2A and offers quick highway access to Route 495 and Route 2. The Acton Mall is located within the park, providing convenient access to restaurants and shops. The Rusty Scupper, four other restaurants, a bank and numerous specialty shops are all within walking distance.

Kristina J. Descoteaux Joins Colliers Meredith & Grew’s Property & Asset Management Services Group
September 25, 2008

Boston, Massachusetts — Kristina J. Descoteaux has joined Colliers Meredith & Grew’s Property & Asset Management Services Group as a Portfolio Manager and Assistant Vice President. Ms. Descoteaux will manage the Massachusetts Institute of Technology’s real estate investment portfolio, which includes approximately two million square feet of office, industrial and retail space in Cambridge, Massachusetts.

Prior to joining Colliers Meredith & Grew, she spent eight years at Jones Lang LaSalle (formerly Spaulding & Slye), most recently as a General Manager. Ms. Descoteaux was responsible for managing over one million square feet of Class A office and lab properties.

“Kristina is a great addition to our group. We are very fortunate to have her join Colliers Meredith & Grew,” said Dennis F. Callahan, Executive Vice President and head of the Property & Asset Management Services group.

Ms. Descoteaux earned a Juris Doctor from the Massachusetts School of Law, a M.B.A. from Regis University and a B.S. in Political Science from Boston College. She is a resident of Bradford, Massachusetts.

Ping Identity Corporation Subleases 7,500 Square Feet at 1000 Winter Street in Waltham, Massachusetts
September 24, 2008

Boston, Massachusetts — Ping Identity Corporation, a leader in federated identity management, has executed a new 7,500-square-foot office sublease at 1000 Winter Street in Waltham, Massachusetts.

The Colliers Meredith & Grew team of Elias T. Demakes, John A. Carroll III and John F. Dolan III represented Cambridge Healthtech Institute, the sublandlord, in the transaction. Greg Hoffmeister of T3 Advisors represented Ping Identity. Specifics of the sublease transaction were not disclosed.

Built in 1988, 1000 Winter Street is a four-story, 267,909-square-foot Class A office building located in the Bay Colony Corporate Center in Waltham, Massachusetts. Strategically located on Route 128 and overlooking the Cambridge Reservoir, the 58-acre complex is comprised of four office buildings totaling 980,000 square feet. Amenities include full-service cafeterias, conference facilities, fitness centers, day care and on-site property management.

Colliers Meredith & Grew Represents Semprus Biosciences in 9,681-Square-Foot Lease
September 10, 2008

Boston, Massachusetts — Semprus Biosciences has executed a new 9,681-square-foot lease to relocate and expand its headquarters to One Kendall Square, Building 1400 in Cambridge, Massachusetts. The move is planned for October 2008.

Colliers Meredith & Grew Vice President Tucker L. Hansen represented Semprus Biosciences in the transaction, working with Vice President Robert Doherty of The Beal Companies, LLP, the landlord. Mr. Doherty was assisted by Partner J. Duncan Gratton and Vice President Kimberly C. Roop of DTZ FHO Partners. Specifics of the lease transaction were not disclosed.

One Kendall Square, Building 1400 is a 133,077-square-foot, five-story, office & laboratory building. It is part of the One Kendall Square campus, which consists of nine buildings totaling more than 670,000 square feet of office, laboratory and retail space. The building is within walking distance of the MIT campus and the MBTA Red Line station at Kendall Square. On site amenities include a 1,500 car parking garage, six restaurants, Bright Horizons child care and the Kendall Square Cinema.

Koko Fitness, Inc. Signs Lease at 300 Ledgewood Place in Rockland, Massachusetts
September 9, 2008

Boston, Massachusetts — Koko Fitness, Inc., a developer of interactive software and hardware for the fitness and wellness industry, has executed a new 5,138-square-foot office lease to relocate its headquarters from 136 Longwater Drive in Norwell to 300 Ledgewood Place in Rockland, Massachusetts. The move is planned for October 2008.

The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Assistant Vice President David B. Goodhue represented the landlord, F.P. Giglio Enterprises, in the transaction. Koko Fitness was represented by Partner Thomas J. Kent of DTZ FHO Partners. Specifics of the lease transaction were not disclosed.

Built in 2007, 300 Ledgewood Place consists of 39,000 square feet of first-class office space. This three-story, multi-tenant building, located within the campus setting of Ledgewood Office Park, provides office suites ranging in size from 1,500 square feet to 8,000 square feet. Building amenities include a dramatic two-story atrium, on-site ownership and management, ample parking, public transportation, convenient highway access, all in a beautifully landscaped campus setting. There are also numerous amenities nearby, including restaurants, shopping centers, banking, and public transportation.

Colliers Meredith & Grew Represents Boathouse Group, Inc. in 14,237-Square-Foot Lease at 48 Woerd Avenue in Waltham
September 8, 2008

Boston, Massachusetts — Boathouse Group, Inc. has executed a new 14,237-square-foot office lease for its headquarters at 48 Woerd Avenue in Waltham, Massachusetts.

The Colliers Meredith & Grew team of John A. Carroll III, Elias T. Demakes and John F. Dolan III represented Boathouse Group in the transaction. The landlord, Intercontinental Real Estate Corporation, was represented in-house by Scott Kelly. Specifics of the lease transaction were not disclosed.

Built in 1950 and renovated in 2000, 48 Woerd Avenue is a one-story, 127,000-square-foot office building in Waltham, Massachusetts. The building offers convenient access to Routes 128 and 117.

“Boathouse Group was pleased to be able to negotiate a direct lease with Intercontinental following the expiration of a sublease to maintain its headquarters at 48 Woerd Avenue,” said Carroll.

Colliers Meredith & Grew Represents H&R Block Inc. in 16,901-Square-Foot Lease
September 8, 2008

Boston, Massachusetts — H&R Block Inc. has executed a new 16,901-square-foot lease to relocate its office from 10 Fawcett Street in Cambridge to 170 Lexington Road in Billerica, Massachusetts. The move is planned for early Fall 2008.

The Colliers Meredith & Grew team of Matthew J. Daniels, Christopher E. Lawrence and Andrew J. Whipple represented both H&R Block and CrossHarbor Capital Partners LLC, the landlord, in the transaction. Specifics of the lease transaction were not disclosed.

170 Lexington Road is conveniently located one mile from Route 3 and minutes from Routes 95 and 495. Constructed in 1997, the property is situated on approximately 4.95 acres of land and consists of a two-story, 33,802-square-foot office building with 127 parking spaces. The property is currently 50% leased.

Colliers Meredith & Grew Represents DynamicOps in New Sublease
September 4, 2008

Boston, Massachusetts — Start-up DynamicOps, a venture-funded spinout of Credit Suisse, has executed a new 3,281-square-foot office sublease for its headquarters at 20 Burlington Mall Road in Burlington, Massachusetts.

The Colliers Meredith & Grew team of John A. Carroll III, Elias T. Demakes and John F. Dolan III represented DynamicOps in the transaction, working directly with the sublandlord, First American Title Insurance. Specifics of the transaction were not disclosed.

Owned by Boston Properties, Inc., 20 Burlington Mall Road is a four-story, 100,000-square-foot building featuring a dramatic light-filled atrium lobby with a spiral stairway connecting to all levels, a cafeteria and conference center. The property is positioned at the intersection of Route 128 and Route 3A and offers quick highway access to Route 3 and Route 93. There are also numerous amenities nearby, including restaurants, shopping centers, banking, and public transportation.

“Colliers Meredith & Grew is happy to have helped start-up DynamicOps find its first home,” said Carroll. “The flexible sublease satisfies its immediate needs and will accommodate future growth, while the strategic location will help attract employees.”

Dana W. McNally Joins Colliers Meredith & Grew as Associate in Boston Brokerage Group
September 4, 2008

Boston, Massachusetts — Dana W. McNally has joined Colliers Meredith & Grew as an Associate in the Boston Brokerage Group, focusing on the Boston office market where he is responsible for the generation of new business, leasing, financial analysis, lease negotiations, client presentations and market research.

“We are very pleased to have Dana join our team,” said Ronald K. Perry, Executive Vice President and Head of the Brokerage Group. “He has been our summer intern for the past three years and has a proven work ethic and determination. He will be a contributing factor to the firm’s continued success.”

Mr. McNally earned a B.A. degree in History from Colby College in Waterville, Maine and is a licensed Massachusetts Real Estate Salesperson.

Colliers Meredith & Grew Represents Altra Industrial Motion, Inc. in 13,804-Square-Foot Lease at 300 Granite Street in Braintree
September 4, 2008

Boston, Massachusetts — Altra Industrial Motion, Inc. has executive a new 13,804-square-foot office lease to relocate its headquarters from Quincy to 300 Granite Street in Braintree, Massachusetts. The move is planned for November 2008.

The Colliers Meredith & Grew team of John A. Carroll III, David B. Goodhue and John F. Dolan III represented Altra Industrial Motion in the transaction. The landlord, Sun Life Assurance Company of Canada, was represented by J.P. Plunkett of Cushman & Wakefield. Specifics of the lease transaction were not disclosed.

Built in 1985, 300 Granite Street is a four-story 89,466-square-foot, Class A office building located at the intersection of Route 128/93 and 3, adjacent to the South Shore Plaza in Braintree, Massachusetts. The location provides convenient access to numerous restaurants, hotels, and retail amenities.

"Colliers Meredith & Grew is pleased to have helped Altra Industrial Motion find a new headquarters location," said Dolan. "300 Granite Street provides Altra the ability to update its facilities to this Class A asset and serve its employees well with terrific highway access and a solid amenity base."

Atlas Ventures Renews 18,506 Square-Foot Lease at 890 Winter Street in Waltham, Massachusetts
August 18, 2008

Boston, Massachusetts — Atlas Ventures has renewed its 18,506-square-foot lease at 890 Winter Street in Waltham, Massachusetts. The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Associate John F. Dolan III represented Atlas Ventures in the transaction. Partner Michael R. Frisoli and Vice President Jay Nugent of Richards Barry Joyce & Partners represented ING Clarion, the landlord. Specifics of the lease transaction were not disclosed.

Built in 1999, 890 Winter Street is a three-story, 173,070-square-foot Class A office building located in the Waltham Woods Corporate Center in Waltham, Massachusetts. Strategically located at the intersection of Route 128 and Winter Street, 890 Winter Street offers easy access to Route 2 and the Massachusetts Turnpike. Amenities include full-service cafeterias, conference facilities, fitness centers, a basketball court, putting greens and on-site property management.

Colliers USA Q2 2008 Industrial Press Release
August 4, 2008

Download a PDF.

Caritas Norwood Hospital Leases 12,000 Square Feet at The Campus at Chestnut Green in Foxborough, Massachusetts
August 4, 2008

Boston, Massachusetts — Caritas Norwood Hospital has executed a new 12,000-square-foot medical/office lease at The Campus at Chestnut Green in Foxborough, Massachusetts. Colliers Meredith & Grew Senior Vice President Robert E. Cronin and Associate William C. Lynch represented Caritas Norwood Hospital in the transaction. Associate Cal Hudak of Richards Barry Joyce & Partners represented the landlord VinCo Properties, Inc. Specifics of the lease transaction were not disclosed.

The Campus at Chestnut Green, the 93-acre redevelopment of the former Foxborough State Hospital, will include over 100,000 square feet of office space, 60,000 square feet of retail and over 200 housing units when complete.

"With Chestnut Green's strategic location within Caritas Norwood Hospital's target service area, moving to Chestnut Green is a real 'win-win' situation for both Caritas and the developer of the project, VinCo Properties," said Cronin. "As a new, state-of-the art mixed-use development featuring offices, retail, multi-family, single-family housing and a number of new recreational amenities, Chestnut Green offers Caritas and their affiliated medical practices an outstanding expansion opportunity."

Resolve Technology Signs Lease at 300 First Avenue in Needham, Massachusetts
July 31, 2008

Boston, Massachusetts — Resolve Technology has executed a new 6,979-square-foot lease to relocate its headquarters from Boston, Massachusetts to 300 First Avenue in Needham, Massachusetts.

The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Vice President Elias T. Demakes represented the landlord, Three Hundred Realty Trust, in the transaction. Resolve Technology was represented by Senior Associate Michael R. O'Leary of DTZ FHO Partners. Specifics of the lease transaction were not disclosed.

300 First Avenue is a three-story, 75,000-square-foot Class A office building located a quarter mile from Exit 19 off Route 128 in the heart of the New England Business Center in Needham, Massachusetts. Amenities include on-site ownership/management, structured parking and easy access to numerous shopping and restaurants located within walking distance.

Beth Israel Deaconess Physician Organization, LLC Leases 8,442 Square Feet at 400 Blue Hill Drive in Westwood, Massachusetts
July 21, 2008

Boston, Massachusetts — Beth Israel Deaconess Physician Organization, LLC (BIDPO) has executed an 8,442-square-foot lease at 400 Blue Hill Drive in Westwood, Massachusetts, relocating from Renaissance Park in Boston. Senior Vice President Kristin E. Blount and Associate William C. Lynch of Colliers Meredith & Grew represented BIDPO in the transaction. First Vice President Nathanael G. Kessler of CB Richard Ellis - New England represented the landlord Cornerstone Corporation. Specifics of the lease transaction were not disclosed.

Built in 1980, 400 Blue Hill Drive is a three-story, 100,000-square-foot office building located at the Westwood Office Park in Westwood, Massachusetts. The building is within walking distance to the University Avenue Commuter Rail Station and is located near the University Avenue/Route 128 interchange, providing easy access to I-95, Route 24 and Route 93. Amenities include on-site management and food service, and a parking ratio of 3.15 spaces per 1,000 square feet.

"After reviewing various Boston and suburban options, 400 Blue Hill Drive was the best solution for BIDPO due to the building's close proximity to the commuter rail, the area's various amenities, as well as the proximity to the physician practices served by BIDPO," said Lynch.

Fishman Transducers, Inc. Leases 32,978 Square Feet at 6 Riverside Drive in Andover, Massachusetts
July 17, 2008

Boston, Massachusetts — Fishman Transducers, Inc. has executed a 32,978-square-foot lease at 6 Riverside Drive in Andover, Massachusetts for its headquarters. The tenant is will be relocating from 340 Fordham Road in Wilmington, Massachusetts in the fall of 2008.

Colliers Meredith & Grew Senior Vice President Matthew J. Daniels and Assistant Vice President Christopher E. Lawrence represented Fishman Transducers in the transaction. Partner Brian M. McKenzie of Richard Barry Joyce & Partners represented the landlord CrossHarbor Capital Partners LLC. Specifics of the lease transaction were not disclosed.

Built in 1989, 6 Riverside Drive is a two-story, 77,048-square-foot R&D building located within the Andover Research Park in Andover, Massachusetts.

Buckingham Browne & Nichols Leases 27,000 Square Feet at 40 Belmont Street in Watertown, Massachusetts
July 10, 2008

Boston, Massachusetts — Buckingham Browne & Nichols, a coeducational day school established in 1974, has executed a 27,000-square-foot lease for administrative and classroom space at 40 Belmont Street in Watertown, Massachusetts. The lease represents 100% of the premises formerly occupied by the New England School of Acupuncture.

Executive Vice President James L. Elcock of Colliers Meredith & Grew represented the landlord, the Archdiocese of Boston, in the transaction. Buckingham Browne & Nichols was represented by Senior Associate Ellie Fantini and Advisor Jennifer Nicholson of Grubb & Ellis. Specifics of the lease transaction were not disclosed.

40 Belmont Street is a three-story, 27,000-square-foot school building with frontage on both Belmont and Mount Auburn Streets in Watertown, Massachusetts.

"Given the property's location on the Cambridge/Watertown line, its immediate access to public transportation and ample parking, the property has always had very good activity," said Elcock. "The Archdiocese is very pleased to have leased the property to Buckingham Browne & Nichols."

Colliers Meredith & Grew Represents Acceleron Pharma for 74,816 Square Feet
July 7, 2008

Boston, Massachusetts — Acceleron Pharma, Inc. has doubled its space in Cambridge, Massachusetts. Joe Flaherty and Tucker Hansen of Colliers Meredith & Grew recently represented Acceleron in two leases totaling 74,816 square feet. Acceleron is a biopharmaceutical company developing novel therapeutics that modulate the growth of tissues including bone and muscle.

In a new transaction, Acceleron leased the entire 37,700-square-foot 128 Sidney Street building in Cambridge. Acceleron also agreed to a long-term lease extension on its existing 37,116-square-foot building located at 149 Sidney Street. The expansion doubles Acceleron's administrative, laboratory and manufacturing space in Cambridge. The landlord, Massachusetts Institute of Technology, was represented in-house by John McQuaid and Patrick Rowe. Specifics of the lease transactions were not disclosed.

According to Nancy Sullivan, Acceleron's Senior Director of Operations, "the 128 Sidney Street building enables Acceleron to take advantage of the building's existing high quality laboratory spaces while the building's flexible footprint and configuration allows us to economically and efficiently construct our second GMP manufacturing facility to support the company's rapid growth."

Spinnaker Management Group, LLC Subleases 60,000 Square Feet at 148 Ward Hill Avenue in Haverhill, Massachusetts
July 1, 2008

Boston, Massachusetts — Spinnaker Management Group, LLC has executed a 60,000-square-foot sublease at 148 Ward Hill Avenue in Haverhill, Massachusetts. Colliers Meredith & Grew Senior Vice President Matthew J. Daniels and Assistant Vice President Christopher E. Lawrence represented Spinnaker Management in the transaction. Senior Director Richard Ruggiero of Cushman & Wakefield represented GlobalWare Solutions, Inc., the sublandlord. Specifics of the lease transaction were not disclosed.

Built in 2000, 148 Ward Hill Avenue is a single-story, 86,600-square foot industrial warehouse building located within the Ward Hill Industrial Park in Haverhill, Massachusetts.

Colliers Meredith & Grew Arranges Two Leases Totaling 19,602 SF at Riverside Technology Center in Cambridge, Massachusetts
June 9, 2008

Boston, Massachusetts — The Colliers Meredith & Grew team of Tucker Hansen, Ben Coffin and Joe Flaherty recently represented The Abbey Group in two leases totaling 19,602 square feet at Riverside Technology Center in Cambridge, Massachusetts.

Seaside Therapeutics and EpiZyme executed 10,202-square-foot and 9,400-square-foot leases, respectively. Greg Lucas of CB Richard Ellis/New England represented Seaside Therapeutics in the transaction and Eric Smith and Jon Varholak of Richards Barry Joyce & Partners represented EpiZyme. Specifics of the lease transactions were not disclosed.

Located at 840 Memorial Drive, Riverside Technology Center is a 130,000-square-foot laboratory building located between M.I.T. and Harvard University, in close proximity to numerous biotech industry leaders. Amenities include a full-service cafeteria, on-site parking garage, easy access to Storrow Drive and the Massachusetts Turnpike, expansive views of the Charles River and adjacent access to Riverside Press Park.

Matthew J. Powers Joins Colliers Meredith & Grew's Development & Advisory Services Group
June 5, 2008

Boston, Massachusetts — Matthew J. Powers has joined Colliers Meredith & Grew as a Senior Vice President in the Development & Advisory Services group, focusing on life sciences and related industry sectors.

Mr. Powers has over 15 years of operations and project management experience in the life science industry. He has managed and developed over two million square feet of renovation and new construction projects for biology and chemistry laboratories, high-throughput screening laboratories, pre-clinical laboratory space, scale-up space, vivarium space, development and QC facilities, as well as biological and pharmaceutical commercial manufacturing and fill-finish facilities.

Prior to joining the firm, Mr. Powers was Vice President of Life Sciences for Murphy & McManus, LLC, which acquired Chimera Management and Research Institute, a company founded by Mr. Powers. He also gained extensive experience in strategic and facilities planning during his tenure at Wyeth Pharmaceuticals as the Director of Operations. Mr. Powers was responsible for all site activities at the 600,000-square-foot Wyeth Research campus in Cambridge, Massachusetts as well as developing the strategic facilities operations and capital management programs for the entire Wyeth Research and Development organization in North America.

Mr. Powers was appointed to the Economic Development Sub-Committee of the Massachusetts Biotechnology Council in 2007 and was the 2005 recipient of the Cambridge Chamber of Commerce Annual Excellence in Business Award for Leadership in Technology. He is a frequent guest speaker at Life Science industry conferences and has published articles in several industry trade journals.

"In Massachusetts the life sciences industry and related activities in the clinical, educational and research sectors are too significant to us not to have people like Matthew on our team," said Daniel R. Quinn, Executive Vice President and head of the Development & Advisory Services group. "We are thrilled to have someone with his background to help us serve our clients better in these important and growing fields."

Mr. Powers earned a M.S. in Pharmaceutical Quality Assurance/Regulatory Affairs from Temple University and a B.S. and A.S. degree in Facilities Management and Planning and Architectural Engineering Technology from Wentworth Institute of Technology, respectively. He also has an A.S. degree in Civil Engineering Technology from Syracuse University.

Colliers Meredith & Grew Secures $12.6 Million B-Note for One Wayside Road in Burlington, Massachusetts
June 2, 2008

Boston, Massachusetts — Colliers Meredith & Grew's Capital Markets group has secured a $12.6 million B-Note for an 80,000-square-foot expansion at One Wayside Road in Burlington, Massachusetts. The secondary financing was placed with the existing lender, State Farm, who has been the lender on the property since 2005. One Wayside Road is a 200,000+ square-foot Class A suburban office building, fully leased to Nuance Communications, Inc. The building is conveniently located in Burlington Office Park just off I-95 in Burlington, Massachusetts. Amenities include a fitness center, food service, on-site management, ample parking and highway access, all in a beautifully landscaped campus setting. There are also numerous amenities nearby, including restaurants, shopping centers, banking, and public transportation.

Colliers Meredith & Grew President Kevin C. Phelan and Vice President John J. Broderick represented the borrower, The Gutierrez Company, in the transaction. The two also did the original financing for the property in 2005. The new B-note is a seven-year, fixed-rate loan that is co-terminus with the original financing.

"We spent a lot of time upfront on the original financing contemplating the possible expansion of the building, so when the time came to expand, all parties were aware of what needed to happen." said Broderick. "State Farm did a terrific job in delivering a very attractive deal in a time of very unsettled markets."

Colliers Meredith & Grew Represents VisEn Medical in 23,000-Square-Foot Lease at 45-47 Wiggins Avenue in Bedford, Massachusetts
May 29, 2008

Boston, Massachusetts — VisEn Medical, Inc., a leading Massachusetts life science company in the field of molecular imaging, has executed a new 23,000-square-foot lease at 45-47 Wiggins Avenue in Bedford, Massachusetts. VisEn Medical will relocate from the 11,000 square feet it now occupies at 12 Cabot Road in Woburn, Massachusetts to 45-47 Wiggins Avenue in August 2008.

Joe Flaherty and Tucker Hansen of Colliers Meredith & Grew represented VisEn Medical in the transaction. Dan Cordeau of Jones Lang LaSalle represented Alexandria Real Estate Equities, Inc., the landlord. Specifics of the lease transaction were not disclosed.

45-47 Wiggins Avenue is a 38,000-square-foot, single-story flex building that has been fully renovated by Alexandria into a first class biotech laboratory facility.

"VisEn was attracted to 45-47 Wiggins Avenue by the opportunity to design and move into new state-of-the-art laboratory space in a building owned and operated by Alexandria, one of the premier developers and operators of life science properties in the region," said Flaherty.

Colliers Meredith & Grew Brokers $90.5 Million Life Science Portfolio in Cambridge
May 29, 2008

Boston, Massachusetts — Colliers Meredith & Grew has successfully brokered the sale of a 148,116-square-foot portfolio of life science properties on behalf of a private family trust to the Massachusetts Institute of Technology (MIT) for $90.5 million. The transaction closed on May 2, 2008.

The Colliers Meredith & Grew team of Lisa Campoli, Joe Flaherty, Tom Hynes and Nick Herz represented the owner and procured the buyer.

The portfolio consists of four biotechnology properties: 185 Albany Street (48,000 SF), 195 Albany Street (48,000 SF), 148 Sidney Street (15,000 SF) and 149 Sidney Street (37,116 SF) in one of the nation's strongest life science markets.

The properties are 100% leased to four tenants including MIT, Cubist Pharmaceuticals, Shire Pharmaceuticals and Acceleron Pharma and are located in Cambridgeport.

"This sale demonstrates that despite today's constrained capital markets, liquidity still exists for well-located assets in strong submarkets," said Campoli.

"With this acquisition, MIT recognized the attractiveness of this investment opportunity given the portfolio's diverse rent roll of dynamic life science tenants," added Flaherty.

Allurent, Inc. Signs 15,000-Square-Foot Lease at The American Twine Building in Cambridge, Massachusetts
May 14, 2008

Boston, Massachusetts — Allurent, Inc. has executed a new 15,000-square-foot lease to relocate and expand its headquarters at The American Twine Building located at 222 Third Street in Cambridge, Massachusetts.

Colliers Meredith & Grew Senior Vice President Theodore A. Lee represented both Allurent and the landlord, Transatlantic Investment Management, Inc., in the lease transaction. Specifics were not disclosed.

Built in 1875, The American Twine Building is a four-story, 114,364-square-foot office building located in Kendall Square in Cambridge, Massachusetts. The convenient location provides easy access to public transportation, shops, restaurants, hotels, downtown Boston and Logan Airport.

"Colliers, Meredith and Grew has been a valued resource to us over the years, assisting us in each transitional phase," said Joe Chung, co-founder and CEO of Allurent. "Once again, they succeeded in making our move as painless as possible - finding us an ideal location in record time."

Colliers Meredith & Grew Arranges Eight Leases Totaling 94,802 SF at Brickstone Square in Andover, Massachusetts
May 8, 2008

Boston, Massachusetts — Senior Vice President Matthew J. Daniels and Assistant Vice President Christopher E. Lawrence of Colliers Meredith & Grew has recently represented landlord, Transwestern Investment Company, in eight leases totaling 94,802 square feet at Brickstone Square in Andover, Massachusetts.

Unicare renewed its 57,649-square-foot lease and was represented by Vice President Flory McCarthy of Jones Lang LaSalle.

Devine, Millimet & Branch expanded by 4,151 square feet and now occupies 17,496 square feet.

Helium, Inc. expanded by 4,411 square feet and moved to a new 9,182-square-foot location in the park.

Constitution Capital executed a new lease for 7,340 square feet and was represented by Vice President Gian Starita of Lincoln Property Company in the transaction.

Capsule Technologie signed a new lease for 5,592 square feet and was represented by Managing Director Mark Cote of T3 Realty Advisors, LLC.

Spirit Foodservice Products, Inc. renewed its 4,555-square-foot lease.

Standard Capital Corporation executed a new 3,873-square-foot lease.

OneVision Software AG renewed its 2,460-square-foot lease.

Details of the specific leases were not disclosed.

"In addition to these transactions, we've seen substantial activity at the park from existing tenants, but more importantly, from active prospects touring in the market," said Daniels. "Transwestern continues to show its commitment to Brickstone Square by providing a true, Class A environment along Route 495. It recently completed a $4 million capital improvement campaign to enhance common areas, build-out full floors on a speculative basis and upgrade signage to the park."

"We feel we have a competitive advantage in the market due to Brickstone's ability to provide tenants with flexibility in their growth plans, immediate access to Routes 495 and 93 and an outstanding amenity package," added Lawrence.

Brickstone Square is a signature suburban business center with three first-class office and R&D buildings, totaling approximately one million square feet, in an attractive campus setting. Amenities include a 3,000+ space parking facility, a 564-seat cafeteria, a fitness center, a Bright Horizons Family Solutions day care, 24/7 security, volleyball courts and on-site property management. Located near the Route 495 and 125 interchange in Andover, Massachusetts, Brickstone Square is easily accessible from Routes 114, 133 and 125. Its buildings are within minutes of Andover's MBTA Commuter Rail Station and Andover Center.

Colliers Meredith & Grew Announces Promotions
May 6, 2008

Boston, Massachusetts — Colliers Meredith & Grew is pleased to announce the appointment of two new shareholders in the firm.

Robert E. Cronin, Senior Vice President, Brokerage Group
Mr. Cronin joined the firm in 1998 and is a broker in the Suburban Brokerage group. He is a graduate of Boston College.

Neil J. Hurley, Senior Vice President, Development & Advisory Services
Mr. Hurley joined the firm in 2000 and is a senior member of the Development & Advisory Services group. He is a graduate of Harvard University and Boston University.

"We congratulate our new shareholders," said Thomas J. Hynes, Jr., Chairman. "Their work ethic and determination is a driving factor in our firm's continued success."

Additionally, the company approved and announced the following promotions:

Theodore A. Lee, Senior Vice President, Brokerage Group
Patrick M. Buckley, Vice President, Brokerage Group
Elias T. Demakes, Vice President, Brokerage Group
Jeffrey H. Gates, Vice President, Brokerage Group
Jacquelynn E. Henke, Vice President, Development & Advisory Services
Christopher G. Zanni, Vice President, Development & Advisory Services
Suzanne M. Dowd, Assistant Vice President, Asset & Property Management
David B. Goodhue, Assistant Vice President, Brokerage Group
Christopher E. Lawrence, Assistant Vice President, Brokerage Group
Jonathan Z. Martin, Assistant Vice President, Brokerage Group
Michael J. McElaney, Assistant Vice President, Brokerage Group
Valerie A. Reid, Assistant Vice President, Asset & Property Management Services
Steven J. Rizzuto, Assistant Vice President, Asset & Property Management Services
Jessica L. Sawyer, Assistant Vice President, Development & Advisory Services
William C. Smith, Assistant Vice President, Asset & Property Management Services
Andrew C. Weesner, Assistant Vice President, Development & Advisory Services

"All of these individuals are proven leaders who have made significant contributions to Colliers Meredith & Grew. We are pleased to recognize their hard work and efforts," said Kevin C. Phelan, President.

KlingStubbins Renews and Expands Lease at 1030 Massachusetts Avenue in Cambridge, Massachusetts
April 15, 2008

Boston, Massachusetts — KlingStubbins has renewed and expanded at 1030 Massachusetts Avenue in Cambridge, leasing a total of 21,388 square feet. Joe Flaherty and Tucker Hansen of Colliers Meredith & Grew represented KlingStubbins in the transaction. The landlord, Paradigm Properties, was represented in-house by John Caldwell. Specifics of the lease transaction were not disclosed.

Built in 1986, 1030 Massachusetts Avenue is a four-story, 65,942-square-foot Class A building located near Harvard Square in Cambridge, Massachusetts. The building is easily accessible by public transportation via the MBTA Red Line and buses and is within walking distance of restaurants, shops and hotels.

Brian L. Tisbert Joins Colliers Meredith & Grew as an Associate in Suburban Brokerage Group
April 4, 2008

Boston, Massachusetts — Brian L. Tisbert has joined Colliers Meredith & Grew as an Associate in the Suburban Brokerage Group, focusing on brokerage activities in the Route 128 and 495 markets, working closely with Senior Vice President Matthew J. Daniels.

Prior to joining the firm, Mr. Tisbert spent seven years at Brookwood Financial Partners, LP, a Beverly, Massachusetts-based private equity firm that invests in real estate and corporate securities, where he was consistently the top producer.

"Brian brings a great real estate background and experience to Colliers Meredith & Grew," said James L. Elcock, Executive Vice President and Co-head of the Suburban Brokerage group. "He is a great fit and we are very pleased to have someone with his reputation and real estate aptitude on our team."

Mr. Tisbert earned a B.A. degree in Communication Science from the University of Connecticut in Storrs, Connecticut. He is a resident of North Andover, Massachusetts.

Northstar Insurance Services, Inc. Signs Lease at 300 First Avenue in Needham, Massachusetts
April 1, 2008

Boston, Massachusetts — Northstar Insurance Services, Inc. has executed a new 7,901-square-foot lease to relocate its headquarters from Wellesley, Massachusetts to 300 First Avenue in Needham, Massachusetts.

The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Assistant Vice President Elias T. Demakes represented the landlord, The Interface Group, in the transaction. Northstar Insurance was represented by President & Founder Paul A. Simard, Jr., of The Simard Company, LLC. Specifics of the lease transaction were not disclosed.

300 First Avenue is a three-story, 75,000-square-foot Class A office building located a quarter mile from Exit 19 off Route 128 in the heart of the New England Business Center in Needham, Massachusetts. Amenities include on-site ownership/management, structured parking and easy access to numerous shopping and restaurants located within walking distance.

Robert R. Brace Joins Colliers Meredith & Grew as Chief Financial Officer
April 1, 2008

Boston, Massachusetts — Robert R. Brace has joined Colliers Meredith & Grew as its new Chief Financial Officer and Senior Vice President, Administration. In his role as CFO, Mr. Brace has overall responsibility for the day-to-day operations of the firm and direct responsibility for the corporate and property accounting, legal, risk management, human resource, office management and IT areas.

Mr. Brace has over twenty-five years of financial and operations management experience in technology, insurance and banking industries. Prior to joining Colliers Meredith & Grew, Mr. Brace spent eight years as the CFO for CBE Technologies, Inc. and Odione Technology Group (which was merged into CBE Technologies in 2001), both Boston-based providers of information technology services.

Mr. Brace has a B.A. in Economics and Environmental Studies from Dartmouth College, and he and his family currently reside in Westwood, Massachusetts.

"Rob brings tremendous depth and experience to his role as Chief Financial Officer and will be a very important resource to our clients and staff. We are very fortunate to have Rob join us," said Thomas J. Hynes, Jr., Chairman of Colliers Meredith & Grew.

RedTail Solutions, Inc. Signs Least at 69 Milk Street in Westborough, Massachusetts
March 27, 2008

Boston, Massachusetts — RedTail Solutions, Inc. has executed a 3,884-square-foot lease for its headquarters at 69 Milk Street in Westborough, Massachusetts. The Colliers Meredith & Grew team of Executive Vice President James L. Elcock and Associates William C. Lynch and Timothy P. O'Brien represented the landlord Eastport Real Estate Services, Inc. in the transaction. RedTail Solutions was represented by Vice President Mike Shreve of T3 Realty Advisors. Specifics of the lease transaction were not disclosed.

Known as Westborough Mill, 69 Milk Street is a three-story, 49,000-square-foot office building located one mile directly off Route 9 in Westborough, Massachusetts. Amenities include common conference room for all tenants, garden seating area, unique architectural brick and beam design, 12'-14' ceilings and easy access to local shops and restaurants in downtown Westborough.

"With so many space options available in the 'boroughs', we are extremely pleased that RedTail chose to lease space at 69 Milk Street," said Robert M. Bowen, President of Eastport Real Estate Services. "With the character attributes and period details of a mill building, 69 Milk Street is a great alternative to the typical office space in this market."

Colliers Meredith & Grew Brokers Sale of 102 Otis Street in Northborough, Massachusetts
March 4, 2008

Boston, Massachusetts — Colliers Meredith & Grew has successfully brokered the sale of 102 Otis Street in Northborough, Massachusetts for $1.975 million to Otis Street Properties, LLC. The transaction closed on February 14, 2008. Executive Vice President James L. Elcock and Associates William C. Lynch and Timothy P. O'Brien of Colliers Meredith & Grew represented the seller, the 1986 Vincent D. Barletta Trust. President Eric O'Brien of O'Brien Commercial Properties, Inc. represented the buyer, Otis Street Properties, LLC.

Built in 1987, 102 Otis Street consists of 34,140 square feet of warehouse and office space situated on an 8.95-acre site in Northborough, Massachusetts. It is minutes from amenity rich Routes 9 and 495 providing access to local hotels, restaurants and shops.

"This was a great opportunity for the Vincent D. Barletta Trust and a well suited asset for the buyer to grow their operations," said Elcock.

"I believe that Jim, Bill and Tim really went the extra mile and made this deal happen on beneficial terms for the Trust," added Trustee John Bulman of Vincent D. Barletta Trust. "I am very pleased with our representation by the professionals at Colliers Meredith & Grew."

Peptimmune, Inc. Renews 4,335-Square-Foot Sublease at 64 Sidney Street in Cambridge, Massachusetts
March 4, 2008

Boston, Massachusetts — Peptimmune, Inc. has renewed its 4,335-square-foot sublease at 64 Sidney Street in Cambridge, Massachusetts. Colliers Meredith & Grew's Joe Flaherty and Tucker Hansen represented Peptimmune and the sublandlord, Alkermes, Inc., in the transaction. Specifics of the lease transaction were not disclosed.

Built in 1990, 64 Sidney Street is a 125,000-square-foot, five-story, Class A biotech building built by Forest City Development. The building is part of Forest City's University Park at MIT complex, a 2.3- million-square-foot, mixed-use project built on 27 acres of land adjacent to the MIT campus in Cambridge. Park amenities include a hotel, conference center, restaurants, day care, parking, banking, and comprehensive park and building security.

Colliers Meredith & Grew Arranges Four Leases Totaling 25,796 Square Feet at New England Executive Park in Burlington, Massachusetts
February 27, 2008

Boston, Massachusetts — Representing landlord Equity Office, the Colliers Meredith & Grew team of John Carroll III, Matthew Daniels, Elias Demakes and Michael Zieja has negotiated four leases totaling 25,796 square feet at New England Executive Park in Burlington, Massachusetts.

TD Banknorth renewed its 7,286-square-foot lease at 7 New England Executive Park and was represented by Richard Sahakian of CB Richard Ellis/New England. Expressor Software Corporation signed a 7,269-square-foot lease for its headquarters at 1 New England Executive Park and was represented by David Campbell of The Codman Company. Xinnovation, Inc. and Kelly Services, Inc. also executed leases at 1 New England Executive Park for 6,313 and 4,923 square feet, respectively. Xinnovation was represented by James Halepis of UGL Equis and Kelly Services was represented by Debra Stevens of The Stevens Group. Specifics of the lease transactions were not disclosed.

New England Executive Park is a 10-building master-planned office park on 56 acres totaling more than one million square feet of Class A office space in Burlington, Massachusetts. Conveniently located, the property is 12 miles from downtown Boston and offers easy access to Routes 128, 3 and 93. Amenities include fitness facilities, food service, day care and on-site management. There are also numerous nearby amenities including restaurants, shopping centers, banking, and hotels.

Partnerwise Group Signs Lease at 890 Winter Street in Waltham, Massachusetts
February 27, 2008

Boston, Massachusetts — Partnerwise Group has executed a new 3,686-square-foot lease to relocate and expands its headquarters from Newton, Massachusetts to 890 Winter Street in Waltham, Massachusetts. Assistant Vice President Elias T. Demakes of Colliers Meredith & Grew represented Partnerwise Group in the transaction, working with Vice President Jay Nugent of Richard Barry Joyce & Partners who represented the landlord, ING Clarion. Specifics of the lease transaction were not disclosed.

Built in 1999, 890 Winter Street is a three-story, 173,070-square-foot Class A office building located in the Waltham Woods Corporate Center in Waltham, Massachusetts. Strategically located at the intersection of Route 128 and Winter Street, 890 Winter Street offers easy access to Route 2 and the Massachusetts Turnpike. Amenities include full-service cafeterias, conference facilities, fitness centers, a basketball court, putting greens and on-site property management.

Todd S. Alexander Joins Colliers Meredith & Grew as Vice President on Retail Brokerage Team
February 22, 2008

Boston, Massachusetts — Todd S. Alexander has joined Colliers Meredith & Grew as a Vice President, focusing on retail brokerage activities. Prior to joining the firm, Mr. Alexander was a Senior Property Manager for Carruth Capital in Westborough, Massachusetts.

"Todd brings a great background and experience to Colliers Meredith & Grew and is a great compliment to our existing retail team," said Theodore J. Chryssicas, Senior Vice President and Head of the Retail Brokerage group. "He is a great addition to our group and we are very fortunate to have him join the firm."

Mr. Alexander received his M.B.A. and B.S. in Business Administration from Northeastern University. He is a resident of Franklin, Massachusetts.

Colliers Meredith & Grew Represents Telephone Workers' Credit Union in Downtown and Suburban Leases
February 21, 2008

Boston, Massachusetts — The Colliers Meredith & Grew team of Jim Elcock, Ted Chryssicas, Dave Goodhue and Jon Martin have negotiated two leases totaling 31,965 square feet on behalf of the Telephone Workers' Credit Union.

Telephone Workers' Credit Union signed a 24,097-square-foot lease at Granite Woods Corporate Center located at 350 Granite Street in Braintree, Massachusetts to relocate its headquarters, including back-office operations and administration, from downtown Boston. Telephone Workers' Credit Union will also relocate its retail branch from its current South Shore Plaza location in Braintree to Granite Woods, where a separate retail entrance will be designed. Tom Kent, Sean Teague and Leeanne Rizzo of DTZ FHO Partners represented the landlord, Campanelli Companies, working with Peter Brown in the transaction.

"This assignment was over two years in the making, beginning as a build-to-suit project that turned into a broader site search prepared for the client by our Development & Advisory Services group," said Elcock. "The challenge was the need to combine first-class office space along with a strong retail location with drive-up capabilities. Granite Woods was a perfect fit and Campanelli Companies was excellent to work with in finalizing this complex deal with multiple moving parts ranging from construction, zoning, security and even banking commission approval."

Granite Woods Corporate Center consists of two first-class office buildings totaling 166,587 square feet located at the intersection of Route 128/93 and 3, adjacent to the South Shore Plaza in Braintree, Massachusetts. The location provides convenient access to numerous restaurants, hotels, and retail amenities.

In addition to and contingent upon the Braintree deal, Telephone Workers' Credit Union executed a 7,868-square-foot lease to relocate its downtown branch in Boston, Massachusetts from 150 Federal Street to 125 High Street. The Colliers Meredith & Grew Retail Brokerage team of Ted Chryssicas and Jon Martin negotiated on behalf of the tenant with Thomas Garden and Katherine Munroe from Tishman Speyer, the landlord, on this transaction.

125 High Street is a 1.5-million-square-foot complex, bounded by High, Oliver, Purchase and Pearl Streets in the heart of Boston's Financial District. With a footprint of 2.5 acres, the complex is composed of two office towers and a renovated 19th Century building, connected by an 11-story glass atrium. The Oliver Street Tower is comprised of approximately 504,000 square feet distributed on 21 floors, while the High Street Tower rises 30 floors for a total of 920,832 square feet. The complex is further complemented by 131 Oliver Street, a six-story 40,000 square foot building. Although the three structures are connected, each features its own entrance and lobby.

"With the need to relocate and most of its membership within a two block area of its current location, the potential retail opportunities for relocation were scarce," said Martin. "The opportunity with Tishman Speyer worked well, and Telephone Workers' Credit Union's ATMs will occupy the former UPS space on the corner of Pearl and High Streets and the new branch will be on the opposite side of the building at 131 Oliver Street with a highly visible presence along the Rose Kennedy Greenway."

Once both leases were executed and all contingencies passed, Neil Hurley and Andrew Weesner of Colliers Meredith & Grew's Development & Advisory Services group were hired as project managers by Telephone Workers' Credit Union for its tenant buildout. Occupancy is scheduled for June 2008 in Boston and July 2008 for the Braintree location.

"We were happy to work with Colliers Meredith & Grew on this time-consuming and difficult transaction," said Ken Dyer, President & CEO of Telephone Workers' Credit Union. "The team addressed a wide spectrum of complex needs from timing to permitting and helped us find a suitable location for our new branch and office locations."

Colliers Meredith & Grew Announces New Shareholders
February 13, 2008

Boston, Massachusetts — Colliers Meredith & Grew is pleased to announce the following new shareholder appointments.

Roger W. Breslin, Vice President, Brokerage
John J. Broderick, Vice President, Capital Markets Group
Michael S. Edward, Senior Vice President, Brokerage
Lawrence T. Epstein, Vice President, Brokerage
Tucker L. Hansen, Vice President, Brokerage
Mary Sullivan Kelly, Chief Research Officer, Marketing & Research
Theodore A. Lee, Vice President, Brokerage
Edward J. Lowney, Senior Vice President, Property & Asset Management Services
Patrick J. Paladino, Senior Vice President, Brokerage
Seth I. Rosen, Vice President, Capital Markets
John F. Sullivan, Senior Vice President, Property & Asset Management Services
Thomas F. Welch, Senior Vice President, Capital Markets

"These proven leaders have made significant contributions to Colliers Meredith & Grew. We are pleased to recognize and reward their hard work and efforts," said Thomas J. Hynes, Jr., Chairman.

"We congratulate our new shareholders," said Colliers Meredith & Grew President Kevin C. Phelan. "Their work ethic and determination will be a driving factor in our firm's continued success."

Colliers Meredith & Grew Represents Colonial Systems in 57,600-Square-Foot Lease in Wilmington, Massachusetts
February 11, 2008

Boston, Massachusetts — Colonial Systems, Inc. has executed a new 57,600-square-foot lease to relocate its headquarters from Woburn, Massachusetts to 326 Ballardvale Street, Building 2 in Wilmington, Massachusetts. Associate Christopher E. Lawrence of Colliers Meredith & Grew represented Colonial Systems in the transaction, working with Vice President Thomas M. Aitken of NAI Hunneman who represented the landlord, RREEF. Specifics of the lease transaction were not disclosed.

Built in 1974, 326 Ballardvale Street, Building 2 is a single-story, 99,453-square-foot industrial warehouse located at the Route 125 interchange just off Interstate 93 in Wilmington, Massachusetts.

QC Solutions and Aushon Biosystems Execute Leases in Billerica, Massachusetts
February 7, 2008

Boston, Massachusetts — The Colliers Colliers Meredith & Grew team of Matthew Daniels, Tad Lee and Christopher Lawrence has negotiated two leases totaling 41,500 square feet representing QC Solutions and Aushon Biosystems in Billerica, Massachusetts.

QC Solutions has signed a 20,000-square-foot lease for its global headquarters at 29 Dunham Road in Billerica; a single-story, 70,000-square-foot light manufacturing building built in 1985.

Aushon BioSystems has executed a 21,500-square-foot lease to relocate its headquarters from Burlington, Massachusetts to 43 Manning Road in Billerica. Built in 1984, 43 Manning Road is a two-story, 43,228-square-foot light manufacturing building.

Jason Levendusky of CB Richard Ellis/New England represented the landlord, RREEF, in both transactions. Specifics of the leases were not disclosed.

1-800-PACK-RAT, LLC Leases 32,000 Square Feet at 10 Panas Road in Foxborough, Massachusetts
February 6, 2008

Boston, Massachusetts — 1-800-PACK-RAT, LLC a service leader in portable storage and moving solutions for residential and business customers, has executed a new 32,000-square-foot lease for its first New England location at 10 Panas Road in Foxborough, Massachusetts.

Working with 1-800-PACK-RAT's national broker, Associate Director Connor Faught of GVA Advantis in Washington, D.C., Colliers Colliers Meredith & Grew Executive Vice President James L. Elcock and Associates William C. Lynch and David B. Goodhue represented 1-800-PACK-RAT in the transaction at 10 Panas Road. Commercial Broker Taber Keally of M. Donahue Associates, Inc. represented the landlord, Hercules Realty Trust. Specifics of the lease transaction were not disclosed.

Built in 2002, 10 Panas Road is a single-story, 71,500-square-foot warehouse building located within a one half mile of Route 1 in Foxborough, Massachusetts.

"Due to its location and outdoor storage capabilities, this high bay warehouse provided a great solution for 1-800-PACK-RAT," said Elcock.

Colliers Colliers Meredith & Grew Brokers Sale of 40 Bearfoot Road in Northborough, Massachusetts to Campanelli Companies
February 4, 2008

Boston, Massachusetts — Colliers Colliers Meredith & Grew recently completed a sale/leaseback transaction for the Peterson Spring Regional Manufacturing Facility located at 40 Bearfoot Road in Northborough, Massachusetts to Campanelli Companies.

Colliers Colliers Meredith & Grew Senior Vice President Robert E. Cronin represented the seller Peterson American Corp. in the transaction, working with Principal of Acquisitions Stephen J.T. Murphy of Campanelli Companies, the buyer. The property sold for $4,000,000 and the seller entered into a leaseback of the entire facility with the buyer. The transaction closed on December 21, 2007.

Built in 1980, 40 Bearfoot Road is a single-story, 62,500-square-foot industrial building with major visibility on Route 290 in Northborough, Massachusetts.

"This is a "win-win" transaction whereby Peterson American gets to recapture the equity it has in the property via a sale/leaseback transaction and Campanelli receives immediate cash-flow with a potential future "value-added" redevelopment opportunity on a site that offers major visibility and identity on a major highway in Metro West," said Cronin.

Murphy of Campanelli stated, "The location and redevelopment potential along with an opportunity to incorporate Peterson American into our tenant roster helps us put all of our core real estate competencies to work in Northborough.

Colliers Meredith & Grew Joins Colliers International
February 1, 2008

Boston, Massachusetts — Today Boston-based Colliers Meredith & Grew, one of the top commercial real estate services providers in New England, joins Colliers International USA.

Established in 1875, Colliers Meredith & Grew brings leading market expertise in the areas of brokerage, capital markets, investment sales, advisory services, appraisal, management and research to Colliers. Colliers International is the second largest real estate firm in the world and has revenues in excess of $1.6 billion, currently operating in 95 cities in U.S. and more than 267 cities worldwide. The addition of Colliers Meredith & Grew meets one of Colliers' key strategic objectives to broaden its reach into the Northeast region of the U.S.

"Colliers Meredith & Grew has been a leader in the Boston real estate market for many years," says Rick Chichester, President of North America for Colliers International. "We are pleased to have a firm of this status join Colliers and look forward to a rewarding partnership of serving our mutual clients, as well as leveraging our global resources to grow our customer base in the Northeast."

Colliers Meredith & Grew will transition to the Colliers brand and be known as Colliers Colliers Meredith & Grew. Hynes will remain as Chairman, along with Kevin Phelan as President and Executive Vice President Ron Perry as Head of Brokerage.

"We are pleased to become a part of Colliers International," said Tom Hynes, Chairman of Colliers Meredith & Grew. "Colliers has a strong reputation both in the U.S. and globally and is well known for its client-centric business model. We are happy that we can continue to provide superior real estate services to our clients and the New England market with the full weight of our first-rate global Colliers partners behind us."

"Tom, Ron and I, along with our colleagues on our Executive Committee - Lisa Campoli, David Douvadjian, Jim Elcock and Joe Flaherty - are dedicated to the company's continued growth and success. Colliers Meredith & Grew's entrepreneurial spirit and strong leadership team remains", added Phelan.

"This is a great opportunity for Colliers Meredith & Grew to have the advantages of a global platform to enhance our long-standing relationships in Boston", said Perry.

Incipient, Inc. Subleases 13,882 Square Feet from BuyerZone.com at 404 Wyman Street in Waltham, Massachusetts
January 22, 2008

Boston, Massachusetts — Incipient, Inc. has subleased 13,882 square feet from BuyerZone.com at 404 Wyman Street in Waltham, Massachusetts. Executive Vice President James L. Elcock, Senior Vice President John A. Carroll III, Assistant Vice President Elias T. Demakes and Associate John F. Dolan III represented both Incipient and BuyerZone.com in the transaction. Specifics of the lease were not disclosed.

Built in 1990 and renovated in 2005, 404 Wyman Street is a 449,900-square-foot, three-story, Class A office building located adjacent to Route 128 within the Hobbs Brook Office Park in Waltham, Massachusetts. Amenities include on-site management, a fitness center and food service.

Colliers Meredith & Grew Represents CGL Electronic Security, Inc. in a 8,500-Square-Foot Lease in Norwood, Massachusetts
January 10, 2008

Boston, Massachusetts — CGL Electronic Security, Inc., the premier leader in security management systems integration, has executed an 8,500-square-foot lease for its headquarters at 1400 Providence Highway in Norwood, Massachusetts. Colliers Meredith & Grew Executive Vice President James L. Elcock and Associates David B. Goodhue and William C. Lynch represented both CGL Electronic Security and KS Partners, the landlord, in the transaction working with KS Partners' Chief Operating Officer Robert Macnamara and Vice President of Leasing James Grady. Specifics of the lease transaction were not disclosed.

Norwood Business Center located at 1400 Providence Highway is a three-building business park consisting of 23,000 square feet of office space and 133,000 square feet of single-story R&D space. The park is located approximately three miles south of the Route 128/ Route 1 interchange, and one mile from Route 95 in Walpole. The convenient location provides easy access to numerous restaurants, hotels, and retail amenities.

"CGL is experiencing rapid growth, and this facility offers us a dynamic base of operations to continue that growth into the future," said Ron Ludvigsen, President of CGL Electronic Security. "Colliers Meredith & Grew was very effective in understanding our needs, and helping us to analyze the options. It was a great pleasure working with them."

Fiduciary Trust Company Renews Lease at 175 Federal Street in Boston, Massachusetts
January 7, 2008

Boston, Massachusetts — Fiduciary Trust Company has renewed its 44,982-square-foot lease for its office at 175 Federal Street in Boston, Massachusetts. Executive Vice President Ronald K. Perry and Vice President Lawrence T. Epstein of Colliers Meredith & Grew's Boston Brokerage group represented Fiduciary Trust Company in the transaction, working with Managing Director Andrew Maher and Ryan Enright of Equity Office, the owner and manager of 175 Federal Street. Specifics of the lease transaction were not disclosed.

Built in 1977, 175 Federal Street, also known as the Fiduciary Trust Building, is a 17-story, 208,000-square-foot office building located at the corner of Federal and Summer Streets in downtown Boston. With its central location, 175 Federal Street offers easy access to I-93, the Massachusetts Turnpike and all major Massachusetts Bay Transportation Authority lines via South Station. Amenities include 24-hour security, food service and on-site management.

"Fiduciary Trust is a terrific tenant," said Andrew Maher, Managing Director of Leasing for Equity Office. "With the various alternatives available to them, we are thrilled they have made a long-term commitment to our building."

"We are delighted to be renewing our lease at 175 Federal Street, our home for the past 30 years," said Douglas R. Smith-Petersen, President and CEO of Fiduciary Trust Company. "Our clients, our employees, and our professional partners have all been well served by this convenient location in the heart of Boston's financial district."