TW_Industrial Book_Q4_2016_TA_Realty

TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE COMMENTS
Resolution Solar West 60,000-80,000 Currently located at 40 Kenwood Circle, Franklin. Use is warehouse storage.
Lake Pharma West 50,000-80,000 Industrial Evaluating 3PL. Requirement on hold.
ZeaBiosciences Corporation West 70,000-80,000 Currently based in California but acquired a Worcester company called
Undisclosed National Food Office/Warehouse/R&D and BlueSky. Timing is between 12 -24 months.
Distribution Co. bio/chemlab
Resh, Inc. Currently at 120 Meadows Road, Medfield. Timing is April/May 2017.
Jetmail Warehouse/ Lab
DN VanLines
Bethlehem Bible Church South 70,000 Warehouse Currently at 25 Kenwood Circle. Flexible Timing. Preference is to own.
AgiluxLaboratories West
West 60,000 –70,000 Flex/Warehouse Currently located at 71 Hampden Road, Mansfield. Timing is January 2017.
IDI Distributors West 60,000 Warehouse/Office Product is glass and plastic storage containers. Focused on renewing.
West 60,000 Industrial/Flex Renewed at 577 Main Street, Hudson.
Boston Baller & Hydraulics West User/buyer. Price sensitive. Have not transacted.
Phosphorex West 60,000 Warehouse Currently located at 307 Lancaster Street, West Boylston MA. Timing is
West flexible.
iAutomation West 60,000 Office/Lab/ Vivarium Currently located at the Worcester BioTechPark, one Innovation Drive,
South/ West 1245 Providence Worcester. Tenant restructured in place.
Spence & Co Highway Warehouse/ Distribution
South 50,000-60,000 Fulfillment & Distribution Currently located at 1245 Providence Highway Sharon. Timing is Q4 2016.
Association for Unmanned Vehicle Use
Systems International North 40,000-50,000 Warehouse/ Lab Currently located at 33 Boston Post Road, Marlborough & 30 Worcester Road,
Webster. Timing is ASAP. Prefer to purchase.
Planet Aid West 60,000 –70,000 90% R&D/ 10% Office Currently at 106 South Street, Hopkinton. Timing is April 2017. Large lab
West component, Class 100 and Class 1,000 lab space required.
Regency Transportation West 50,000 Industrial Currently located at 10 Larsen Way, North Attleboro. Timing is Q2 2017,
looking for a facility with full A/C.
Mueller Water, Inc. 50,000 Industrial
45,000 Industrial Currently located at 76 CampanelliIndustrial Park Drive, Brockton. Timing is
50,000 Warehouse 12-15 months from now. Prefer route 24 and public transportation is a plus.
5,000 Flex Usage is food packaging, storage and distribution. Focused in Brockton.

New private/public venture. 50,000 day one with expansion expectations. No
traction.

Located at 1 Cross Street, Holliston. Evaluating I-495 West options. Prefer to
own; non-profit tire kicker.

Currently located in multiple locations. Timing is ASAP.

Currently located at Leonora Drive, Middleborough. Need 500 SF of
electronics lab.

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TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE COMMENTS

Dana Films West 40,000-60,000 Warehouse Currently at 5 Otis Street in Westborough. Need overflow storage space.
Preference is to purchase vs. lease. Expansion on hold while Tenant re-
Fidelity Paper Products South 40,000-50,000 Industrial organizes internally.
Waters Corporation West/South 40,000 Warehouse
Worcester Air Industrial Located in Fall river. Tenant looking for very cheap deal. Renewal.
New England Chapel West 40,000 Office/Chapel
European Granite and Marble Warehouse/ Distribution Currently located at 34 Maple Street, Milford. Timing is July 2017.
South 40,000
Chiquita Brands West 30,000-50,000 Industrial Located at Pleasant Street in Ashland. Metal Fabrication company. Did a
short term deal in Ashland, will be back out in market in Q1/Q2 2017.
Mohawk Carpet West 25,000-30,000 Warehouse
Sullivan Tire Storage/ Distribution Tenant renewed in place at 40 Kenwood Circle, Franklin.
Canvys West 30,000 Flex
Innovive South 40,000 Warehouse/ Production/ Currently located in Salem NH. Timing is flexible.
West 30,000-50,000 Office
Massachusetts Beverage Alliance Warehouse/ Light Currently located at 31 Suffolk Road, Mansfield. Tenant is looking for new
Accudynamics South 50,000 Manufacturing construction for warehouse and distribution needs with temperature
FoxboroughTerminals Flex controls. Timing is Q1 2018.
South 40,000 Industrial
Giner, Inc. South 40,000 Currently at 15 Walpole Park South, Walpole. Timing is April 2017.
West 40,000-80,000 Office/R&D
Columbia Gas Signed lease at Crossroads Commerce Center.
Boston Power West 30,000-40,000 Office
Undisclosed Office/ Manufacturing Restructured at 753 Forest Street, Marlborough.
Lexington Lighting West/South 35,000 Warehouse
WisetekSolutions, Ltd. West 30,000 Warehouse Based out of San Diego, prefer 28’ clear with 10,000 sf of office. Prefer Rt.
South 25,000-30,000 Industrial 128 North.
Batesville Casket Company South 25,000-30,000
West 20,000-30,000 Industrial Currently at 89 Teed Drive, Randolph. Preference is to buy vs. lease, they own
Trio Wine Company current location and this is will be a secondary location. Timing is flexible.
West 20,000-30,000 Warehouse /Distrubution
Renewed at 240 Kenneth Welch Dr., Lakeville.
South 20,000-30,000
Currently at 208 North Street, Foxborough. Timing is flexible. Preference is
to own.

Currently at 89 Rumford Avenue, Newton. Use if office/high-erbay “16’-22’,
tile floor R&D space. Power need is 1200 Amps, Min 1 loading dock, slab on
grade preferred. Deal is on hold.

Tenant is focused on BTS and purchasing 12-15 acres for training facility.

Currently located 2200 West Park Drive, Westborough. Signed a 2 year
extension, requirement on hold.

Undisclosed group looking for warehouse storage space.

Currently at 645 Myles Standish Boulevard, Taunton.

Currently located at 122 Grove Street, Franklin MA. Timing is fluid, contract
driven requirement.

Currently located at 718 Park E Drive, Woonsocket, RI. Requirement is on
hold.

Currently at 71 Steve Street, East Taunton. Timing is fluid, Q3 2016. Forced
relocation due to the planned casino.

Q4 2016 GREATER BOSTON INDUSTRIAL MARKET SNAPSHOT

TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE COMMENTS
PPI Time Zero Warehouse
South 20,000-25,000 Currently located at 257 Pleasant Street, Attleboro. Timing is immediate,
1,000 AMPS of power minimum required. Electronics assembly.
Acumetrics West 20,000 Industrial Currently located at 20 Southwest Park, Westwood. Use will be 10,000
SF office and 10,000 SF tile floor manufacturing. Power need, 800-1,000
Arca, Inc. (Appliance Recycling Centers South 17,000-20,000 Ind./Flex AMPS. HVAC full throughout entire 20,000 SF. Min 2 tailboard height docks.
of America) Focused Rt. 128 South.
West 15,000-40,000 Industrial Currently HQ in Minneapolis, MN and are looking to open a MA location.
Saint-Gobain West 15,000-20,000 Office & Manufacturing Contract Driv. Tenant is focused on taking over a competitors space/business
Unidentified South 15,000-20,000 Industrial in Franklin.
Koso America West 15,000-20,000 Office/Lab/Storage Currently located at 9 Goddard Road, Northborough MA.
Proveris Scientific 15,000-17,000 Lab/Office Timing is immediate. Need office as well as metal fabrication and testing.
West Evaluating 15,000 SF options –1/3 office and 2/3 manufacturing.
Option Care 15,000 Lab/ Warehouse
15,000 Industrial Currently located 290 Donald Lynch Blvd., Marlborough. Timing is Q3 2018.
Holographix West 15,000 Manufacturing
East Coast Hydroponic West 15,000 Industrial Tenant is 49% owned by Walgreens, ½ office, ½ clean room/pharmacy.
Centerline Technologies West Focused on two other buildings right now.
Fleetserve, Inc. South 13,000 Flex
Currently at 577 Main Street. Timing is Q3 2017. Have heavy lab/clean room
MedTech South build out.
Currently in Rhode Island. Timing is ASAP.
Neff Group Distributors, Inc. South 10,000-15,000 Industrial Currently located at 577 Main Street, Hudson MA.. Looking for 80%
manufacturing, 20% office.
Hoshizaki South 10,000-12,000 Industrial/
Datel, Inc. South 10,000-13,000 Warehouse Locations in Norfolk and Atleborough. Timing is ASAP.
NortechEngineering South 7,500-10,000 Warehouse/ Office
South 8,000-10,000 Office/ Warehouse Currently located at 22 Pleasant St., West Bridgewater. Looking for 7-10 year
Apria Healthcare South 8,000-9,000 term and 8/1,000 SF parking.
BBP Re-Manufacturing West 5,000 Office/ Warehouse
Premier Laboratory / A Office/ Warehouse Out of state, looking to establish NE Regional HQ. 2,000 SF office, the
MicrobacCompany Office/Lab balance open to the deck manufacturing and warehouse space. Timing is
immediate.

Currently located at 40 Kenwood. Need more space, evaluating other options.
Timing is fluid, contingent on corporate’s approval.

Currently at 11 Cabot Boulevard, Mansfield. Timing Q4 2016.
Currently at 1 O’Connell Way, East Taunton. Timing is ASAP, subject to Tenant’s
ability to terminate with the Wampanoag’s.
Currently have locations in Norwood and Providence. Timing is Q4 2016 and
need to consolidate to Norton/Taunton.

Currently at 300 Myles Standish Boulevard, Taunton. Timing is January 2017.

Currently in Worcester. HQ in CT. Timing is Q4 2016. 5-10 year term

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DEALS COMPLETED

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE COMMENTS
Acquired 115 Acres in Myles Standish Industrial Park for purposes of
Martignetti Companies South 1,000,000 Warehouse developing 1.3 MSF of warehouse space ($11.5M).

Potpourri Group, Inc. North 300,000- Industrial BTS lease executed at Littleton Distribution Center.
450,000
Victory Packaging Acquired 56.52 Acres in Bellingham ($2.3M). BTS lease with Reinhart for
West/South 250,000-350,000 Industrial 240,000 sf.
Cold Chain Technologies Signed lease at 135 Constitution Boulevard for 227,000 sf.
West 220,000 Industrial Signed lease at 18 Independence Drive, Devens and are in the process of
SMC Industrial/ acquiring the building.
West/North 193,000 Manufacturing Signed a 163,000 SF lease at 12 Industrial Road, Milford.
Amazon Warehouse
South 150,000 Purchased 350 Hopping Brook Road, Holliston.
Atlantic Importing Company 150,000 – Distribution/ Warehouse
West 200,000 Signed short term (6 month) contract at 125 Fisher to store overflow product.
Kens Foods 100,000 Warehouse Renewed lease at 17 Forge Parkway, Franklin.
Keebler South /West 130,000 Office/ Distribution Lease signed at Littleton Distribution Center.
1A Auto West/South 100,000-150,000 Industrial/ Distribution Acquired land at 20 Commerce Way, Norton to accommodate a 200,0000 sf
West/South world class manufacturing facility.
Alnylam Signed lease with Campanelli at Upland Woods, Norwood.
West/South 200,000 Industrial /Manufacturing Signed a new lease on 63,800 SF at 111 Locke Drive, Marlborough.
Moderna Therapeutics Tenant renewed in place at 71 Hampden Road.
Oyo Sports West 100,000-120,000 Manufacturing Subleasing 117,000 SF at 17 Gilmore Drive in Sutton for 12 year deal, this is
TricorBraun West 100,000 Manufacturing former CarQuest / Advance Auto facility.
South 80,000 Storage/ Distribution Tenant acquired 125 Fisher St, Westborough.
Source International Purchased 189 Cross Street, Holliston.
West 70,000-90,000 Office/ Warehouse Tenant renewed in place at 51 Alder Street, Medway.
Neo Technology Solutions Tenant renewed in place.
Pure Hockey West 80,000 Industrial Signed leases in Westwood and Dedham.
AZZ, Inc. West 80,000 Industrial Tenant signed lease at 10 Otis Street, Westborough.
Supply New England West 70,000-80,000 Manufacturing/Warehouse Currently located at 284 Eastern Ave, Chelsea. Tenant purchased a building
General Dynamics West 60,000-80,000 Industrial/ Warehouse in Providence area.
FedEx Home Delivery South 75,000 Warehouse Renewed in place at 35 Otis Street, Westborough.
West 70,000-80,000 Warehouse Tenant renewed in place at 10 Liberty Way, Franklin.
Dennis K. Burke
West/South 70,000 Office/ Warehouse/ Garage
Wesco
Taylor Exhibition West 60,000-80,000 Industrial
South 60,000- 80,000 Warehouse Storage

Q4 2016 GREATER BOSTON INDUSTRIAL MARKET SNAPSHOT

DEALS COMPLETED

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE COMMENTS
DHL West 60,000 Signed lease at 1-5 Sassacus in Westborough.
LFB Technologies West 60,000 Warehouse Purchased land in Marlborough.
Vision-Sciences/ Cogentix Medical West 24,000 Flex Signed at 10 year deal at 135 Flanders Road, Westborough.
Flex
AdvancedCath Technologies West 25,000-30,000 Light Manufacturing/ Tenant renewed at 650 Pleasant Street, Watertown.
Warehouse
W.J. Donovan Enterprises South 15,000-20,000 Warehouse Tenant signed new lease at 20 Liberty Way, Franklin.
Electri-Cord West 20,000 Industrial Renewed at 71 Lyman Street, Northborough.
NOAA South 15,000-20,000 Warehouse GSA requirement, Tenant is doing BTS at Norton Commerce Center.
GE Healthcare West 40,000-60,000 Warehouse Leased space at 191 Flanders Rd, Westborough.
Streetwear West 50,000 Office/ Warehouse Purchased 375 Hopping Brook Park, Holliston.
Dorel South 50,000 Flex/Office Renewed in place at 25 Forbes Blvd, Foxborough.
OMNIlife Science South 40,000 Industrial/office/warehouse Signed a deal at Paramount Drive in Raynham.
Murata Power Solutions West 30,000 Office/Flex Signed Lease at 129 Flanders Rd, Westborough.
Penske South 15,000 Industrial Purchased land and constructed a BTS at Norton Commerce Center.
The Purple Carrot West 15,000 Industrial Signed lease at 460 Hillside Ave, Needham.
Electrochem South 13,000-15,000 Flex/ Warehouse Tenant signed lease at Crossroads Commerce Center.
Ingersol Rand West 10,000-15,000 Flex Renewed at 362 Elm Street, Marlborough.

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