TW_Industrial Book_Q3_2016_TJX

TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE BROKER COMMENTS
Oyo Sports West 100,000 Manufacturing Colliers
Signed a new lease on 63,800 SF at 111 Locke Drive, Marlborough.
American Foods West/South 95,000- 100,000 Industrial/ Warehouse Cresa
Currently at 983 Riverside Drive, Methuen/ 3PL in Woonsocket, RI. Deal on
NP Medical/ Nypro West 80,000-100,000 Manufacturing/Life Sciences NGKF hold.
Unicom Engineering South 80,000 Warehouse/ Manufacturing CBRE Any deal needs to be approved by Jabil; this could leak into 2017, or it might
TricorBraun South 80,000 Storage/ Distribution Cresa go away entirely.
Currently at 25 Dan Road., Canton. Focusing on properties they can purchase.
William B. Meyer West 80,000 Industrial/ Warehouse CBRE Currently located at 71 Hampden Road, Mansfield. Timing is January 2017.
Unidentified (likely Precision Product is glass and plastic storage containers. Focused on renewing.
Engineered Products Group) South 80,000 Manufacturing JLL
Source International Looking at land sites for 80,000 SF transportation facility. Timing is Q4 2016.
West 70,000-90,000 Office/ Warehouse Kelleher & Tenant may look at leasing in the short term while facility is built.
Neo Technology Solutions Sadowsky
Ethan Allen West 80,000 Industrial C&W Tenant is looking to consolidate Franklin and Hingham locations. Timing is
The Yanow Companies West 80,000 Distribution/ Warehouse R.W. Holmes Q4 2016, need 150 parking spaces.
Pure Hockey South 80,000 Office, R&D, Distribution CBRE
QuinetiQ North America West 80,000 Industrial Unidentified, coming out of Shrewsbury. Need 5,000-7,000 SF of office,
Unidentified South 70,000-80,000 Manufacturing/Warehouse Colliers balance open storage/assembly. Timing is January 2017.
West/North 70,000-80,000 Manufacturing/ Office JLL Currently located at 400 Research Drive, Wilmington. Timing is immediate.
AZZ, Inc. Trying to buy 125 Fisher Street, Westborough.
C&W Currently located at Ethan Allen Road in Newtown, CT. Deal on hold.
Resolution Solar Currently at 220 East Ashland Street, Brockton. Timing is fluid, they own
Supply New England West 70,000-80,000 Manufacturing/Warehouse C&W current building. Looking to purchase vs. lease.
Zea Biosciences Corporation
General Dynamics West 60,000- 80,000 Industrial R.W. Holmes Purchased 189 Cross Street, Holliston.
FedEx Home Delivery
West 60,000- 80,000 Industrial/ Warehouse JLL Currently at 329 2nd Avenue., Waltham. Timing is May 2017.
Undisclosed National Food West 70,000-80,000 Warehouse/ Lab O’Brien CMCL.
Distribution Co. South 75,000 Warehouse TBD Timing is July 2016. 90% production/10% admin. Geography is Devens to
West 70,000-80,000 Warehouse Fischer Hopkinton.
Currently located at 51 Alder Street, Medway. Timing is March 2017. Likely
South 70,000 Warehouse CBRE renewing.
Currently located at 40 Kenwood Circle, Franklin. Use is warehouse storage.
Evaluating 3PL. Requirement on hold.

Tenant renewed in place.

Currently at 120 Meadows Road, Medfield. Timing is January/February 2017.

Signed leases in Westwood and Dedham.

Tenant signed lease at 10 Otis Street, Westborough.

Undisclosed National food distribution company, similar to Costco/BJ’s.
Potential for requirement to grow to 100,000+ SF. Heavy parking req. and
only touring single Tenant buildings. Timing is Q4 2016.

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TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE BROKER COMMENTS

Dennis K. Burke West/South 70,000 Office/ Warehouse/ Garage RW Holmes Currently located at 284 Eastern Ave, Chelsea. Timing is 12 months out.
Wesco Industrial Use is purely expansion. Looking for a BTS to own. Large Fluids/hazmat
Taylor Exhibition West 60,000-80,000 Warehouse Storage JLL component. Focused on the New England Ice Cream facility in Taunton.
LPC/ O’Brien Renewal in place at 35 Otis Street, Westborough.
Neotech South 60,000-80,000 Industrial CMCL. Currently at 10 Liberty Way, Franklin. Timing is Nov 2016. Tenant is
exploring short term solutions as well as a long term relocation. Focused on
Banzan West 60,000-70,000 Warehouse/ Manufacturing C&W in place renewal.
Jetmail Warehouse/ Office Currently located in Wilmington and Springfield. Two leases in play.
DN VanLines West/ 60,000-70,000 Industrial/Flex Stubblebine Co. Wilmington is 10/16 and Springfield is 10/17.
LFB Technologies Worcester Flex HQ in Shanghai, and looking to open a US manufacturing site. Building
Bethlehem Bible Church West 60,000 Warehouse Cresa length must be 500 ft. long to fit key manufacturing equipment. Timing is
Agilux Laboratories West 60,000 Office/Lab/ Vivarium Colliers Q1 2017.
IDI Distributors West 60,000 Warehouse/ Distribution JLL Renewing at 577 Main Street, Hudson.
Boston Baller & Hydraulics West 60,000 Fulfillment & Distribution Scott Goddard User/buyer. Price sensitive. Have not transacted.
GE Healthcare Use User/buyer. Timing is Q4 2016. Clean room intensive.
Phosphorex West 60,000 Warehouse CBRE Currently located at 307 Lancaster Street, West Boylston MA. Timing is
1245 Providence Warehouse/ Lab flexible.
Spence & Co West Highway CBRE Currently located at the Worcester BioTech Park, one Innovation Drive,
Streetwear 50,000-60,000 Industrial Worcester. Tenant restructured in place.
UMass Medical West 40,000-60,000 Office/ Warehouse RW Holmes
Association for Unmanned Vehicle West 40,000-50,000 Industrial CBRE Currently located at 1245 Providence Highway Sharon. Timing is Q4 2016.
Systems International West LPC
Planet Aid Industrial Currently located at 33 Boston Post Road, Marlborough & 30 Worcester
South 50,000 NAI Road, Webster. Timing is ASAP. Prefer to purchase.
Industrial Consolidating 3PL operations in Worcester and Franklin. Timing is ASAP.
West 50,000 RW Holmes Currently at 106 South Street, Hopkinton. Timing is April 2017. Large lab
West 50,000-60,000 JLL component, Class 100 and Class 1,000 lab space required.
Mass Tech Currently located at 76 Campanelli Industrial Park Drive, Brockton. Timing is
North 50,000 Leadership 12-15 months from now. Prefer route 24 and public transportation is a plus.
Council Usage is food packaging, storage and distribution.
West 45,000 GBCP Purchased 375 Hopping Brook Park, Holliston.
Looking at development opportunities for multiple building campus. Timing
is TBD.

New private/public venture. 50,000 SF 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.

Q3 2016 GREATER BOSTON INDUSTRIAL MARKET SNAPSHOT

TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE BROKER COMMENTS
Regency Transportation West 50,000 Warehouse
Thompson Currently located in multiple locations. Timing is ASAP.
Dana Films Partners
Currently at 5 Otis Street in Westborough. Need overflow storage space.
Fidelity Paper Products West 40,000-60,000 Warehouse RW Holmes Preference is to purchase vs. lease. Expansion on hold while Tenant re-
Worcester Air organizes internally.
South 40,000-50,000 Industrial Warren Brown Located in Fall river. Tenant looking for very cheap deal. Renewal.
New England Chapel West 40,000 Industrial NGKF Located at Pleasant Street in Ashland. Metal Fabrication company. Did a short
European Granite and Marble term deal in Ashland, will be back out in market in Q1/Q2 2017.
South 40,000 Office/Chapel RW Holmes Currently at 40 Kenwood Circle, Franklin. Timing is Q4 2016. 40% office,
Chiquita Brands West 30,000-50,000 Warehouse/ Distribution NGKF balance will be chapel.
Currently located in Salem NH. Timing is flexible/ deal is on hold.
Sullivan Tire West 25,000-30,000 Industrial Colliers Currently located at 31 Suffolk Road, Mansfield. Tenant is looking for new
Canvys construction for warehouse and distribution needs with temperature controls.
Innovive South 40,000 Storage/ Distribution Donahue Timing is Q1 2018.
OMNIlife Science West 30,000-50,000 Flex Colliers
Massachusetts Beverage Alliance South 50,000 Warehouse/ Production/ JLL Signed lease at Crossroads Commerce Center.
Accudynamics South 40,000 Office CBRE
Boston Lawnmower Company South 40,000 Industrial/office/warehouse JLL Restructured at 753 Forest Street, Marlborough.
IDI Distributors South 40,000 Warehouse/ Light
West 40,000 Manufacturing NGKF Based out of San Diego, prefer 28’ clear with 10,000 SF of office. Prefer Rt.
Foxborough Terminals West 50,000-60,000 Flex RW Holmes 128 North.
Signed a deal at Paramount Drive in Raynham.
Giner, Inc. West 40,000-80,000 Warehouse, no office CBRE Currently at 89 Teed Drive, Randolph. Preference is to buy vs. lease, they own
current location and this is will be a secondary location. Timing is flexible.
Columbia Gas Warehouse / Distribution
Boston Power Renewed at 240 Kenneth Welch Dr., Lakeville.
Vision-Sciences/ Cogentix Medical Industrial C&W
Undisclosed Currently located at 41 Lyman Street, Northborough. On hold.
West 30,000-40,000 Office/R&D Cresa
Currently located at 1245 Providence Highway, Sharon. Want easy access to
West/South 35,000 Office NGKF 95/495 for their trucks, preference is to purchase. Timing is Q4 2017.
West 30,000 Office/ Manufacturing Colliers
West 24,000 Flex NGKF Currently at 208 North Street, Foxborough. Timing is flexible. Preference is to
South 25,000-30,000 Ind. CBRE own.

Currently at 89 Rumford Avenue, Newton. Use if office/high-er bay “16’-22’,
tile floor R&D space. Timing is Q4 2016. Power need is 1200 Amps, Minimum
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.

Signed at 10 year deal at 135 Flanders Road, Westborough.

Undisclosed group looking for warehouse storage space.

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TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE BROKER COMMENTS
Lexington Lighting Warehouse Colliers Currently at 645 Myles Standish Boulevard, Taunton. Deal on hold.
South 25,000-30,000 Light Manufacturing/
AdvancedCath Technologies Warehouse
West 25,000-30,000 Industrial CBRE Currently located at 650 Pleasant Street, Watertown. Tenant renewed in place.

Wisetek Solutions, Ltd. West 20,000-30,000 Industrial C&W Currently located at 122 Grove Street, Franklin MA. Timing is fluid, contract
driven requirement.
Batesville Casket Company West 20,000-30,000 Warehouse /Distrubution CBRE
Currently located at 718 Park E Drive, Woonsocket, RI. Requirement is on
Trio Wine Company South 20,000-30,000 Warehouse Equitable hold.

PPI Time Zero South 20,000-25,000 Office/ Warehouse Cresa Currently at 71 Steve Street, East Taunton. Timing is fluid, Q4 2016. Forced
Studly/McCall & relocation due to the planned casino.
Partners of Massachusetts, LLC West 20,000-25,000 Warehouse/ Distribution Almy
TW|RBJ Currently located at 257 Pleasant Street, Attleboro. Timing is immediate,
Interstate Batteries of Greater Boston West/South 20,000-25,000 1,000 Amps of power Minimum required. Electronics assembly.
C&W
Acumetrics West 20,000 Industrial Expanded by an additional 20,000 SF at 165-181 Cedar Hill Street.
Colliers
Arca, Inc. (Appliance Recycling Centers South 17,000-20,000 SF Ind./Flex Currently located at 95 Shawmut Road, Canton. Focused on purchasing a
of America) Colliers building in Milford.
West 15,000-40,000 Industrial JLL
Saint-Gobain West 15,000-20,000 Office & Manufacturing TW RBJ Currently located at 20 Southwest Park, Westwood. Use will be 10,000 SF
Unidentified South 15,000-20,000 Warehouse RW Holmes office and 10,000 SF tile floor manufacturing. Power need, 800-1,000 Amps.
W.J. Donovan Enterprises West 20,000 Industrial JLL HVAC full throughout entire 20,000 SF. Minimum 2 tailboard height docks.
Electri-Cord CBRE Focused Route 128 South.
South 15,000-20,000 Warehouse LPC
NOAA Lee & Associates Currently HQ in Minneapolis, MN and are looking to open a MA location.
South 15,000-20,000 Industrial CBRE Timing is ASAP. Tenant is focused on taking over a competitors space/
Koso America West 15,000-20,000 Flex business in Franklin.
CTS
West 15,000-17,000 Lab/Office Currently located at 9 Goddard Road, Northborough MA.
Option Care
South 15,000 Industrial Timing is immediate. Need office as well as metal fabrication and testing.
Penske
Tenant signed new lease at 20 Liberty Way, Franklin.

Renewed at 71 Lyman Street, Northborough.

GSA requirement, Tenant is considering relocation from Myles Standish
Boulevard.

Evaluating 15,000 SF options – 1/3 office and 2/3 manufacturing.

Restructured.

Tenant is 49% owned by Walgreens, ½ office, ½ clean room/pharmacy.
Timing is Q1 2017.

Purchased land and constructed a BTS at Norton Commerce Center.

Q3 2016 GREATER BOSTON INDUSTRIAL MARKET SNAPSHOT

TENANTS IN THE MARKET

COMPANY TARGET MARKET SF REQUIRED PRODUCT TYPE BROKER COMMENTS
DHL West 15,000 Warehouse Currently located at E Street in Boston. DHL is looking to establish a metro
C&W West outpost. Office (1,500 SF) & warehouse (13,500 SF). Signed lease at 1-5
Holographix West 15,000 Lab/ Warehouse Sassacus in Westborough.
Centerline Technologies West 15,000 Manufacturing LPC Currently at 577 Main Street. Timing is Q3 2017. Have heavy lab/clean room
Fleetserve, Inc. South 15,000 Industrial build out.
The Purple Carrot West 15,000 Industrial CRESA Currently located at 577 Main Street, Hudson MA.. Looking for 80%
MedTech South 13,000 Flex Retail Real manufacturing, 20% office.
Electrochem South 13,000-15,000 Flex/ Warehouse Estate
CBRE Locations in Norfolk and Atleborough. Timing is ASAP.
Neff Group Distributors, Inc. South 10,000-15,000 Industrial C&W
Equitable Real Signed lease at 460 Hillside Ave, Needham.
Ingersol Rand West 10,000-15,000 Flex Estate Solutions Currently located at 22 Pleasant St., West Bridgewater. Looking for 7-10 year
Hoshizaki South 10,000-12,000 Industrial/ Warehouse term and 8.0/1,000 SF parking.
Datel, Inc. South 10,000-13,000 Warehouse/ Office JLL
Nortech Engineering South 7,500-10,000 Office/ Warehouse Tenant signed lease at Crossroads Commerce Center.
Apria Healthcare South 8,000-10,000 Office/ Warehouse Colliers
BBP Re-Manufacturing South 8,000-9,000 Office/ Warehouse Out of state, looking to establish NE Regional HQ. 2,000 SF office, the
Premier Laboratory / A Microbac West 5,000 Office/Lab RW Holmes balance open to the deck manufacturing and warehouse space. Timing is
Company West 5,000 Flex CBRE immediate.
Mueller Water, Inc. Colliers Currently located 362 Elm Street, Marlborough. Timing is Q4 2016. Use
office, assembly, and storage.
CRA – Sapunor Currently located at 40 Kenwood. Need more space, evaluating other
options. Timing is fluid, contingent on corporate’s approval.
Colliers Currently at 11 Cabot Boulevard, Mansfield. Timing is Q4 2016.
R.W. Holmes/ Currently at 1 O’Connell Way, East Taunton. Timing is ASAP, subject to Tenant’s
C&W ability to terminate with the Wampanoag's.
NGKF 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 November
2016.

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

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

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