High-Profile: Corporate
January 2014
Campanelli Sells Buildings for $7.1M
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Integrated Builders Begins IEP HQ
700 Technology Drive Braintree, MA - Campanelli announced it has sold 700 and 900 Technology Park Drive in Billerica to Grander Capital Partners (GCP) for $7.1 million. The two buildings, totaling 87,000sf situated in a mature park setting, are directly off Route 3, within six miles of both Interstate 495 and Route 128. The Transwestern I RBJ Capital Markets group of Chris Skeffington and Roy Sandeman represented both the buyer and seller in collaboration with the firm’s leasing team of Brian McKenzie, John Wilson, and James Lipscomb.
Commercial
Retail
Renovation of the two Billerica properties included refurbishing the lobbies, new ceilings, new floors, new lighting in common areas, and significant upgrades to the fitness center. Additional improvements were also made to the parking lots, HVAC efficiency, and landscaping. The buildings are located in a prestigious office park home to well-known companies such as Avaya, GE, Luminus Devices, Inc., and Raytheon. The park also features a full-service cafeteria serving breakfast and lunch, a daycare, and a hotel.
Educational
Historic
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IEP Technologies Rockland, MA - Integrated Builders Inc. began construction on a new headquarters for IEP Technologies. The project, located at 417 South Street in Marlborough, will focus on the build out of 34,000sf of interior space in the 140,000sf building. CI Design, Inc. and Engineered Systems, Inc. will collaborate with Integrated Builders to complete the project by February 2014. In 2011, Integrated Builders worked with the ownership, Calare Properties, on the exterior of the building, and completed site utilities,
Healthcare
Municipal
Manufacturing
grading, drainage, paving, landscaping, and construction of exterior doors and loading docks. The new office space will serve as the corporate headquarters for IEP Technologies. It will be divided into 15,000sf of office space and 19,000sf of production and assembly space. The production space is a heavy electrical, mechanical, and process piping operation, which includes bus duct, exhaust systems, compressed air, hydrogen, and nitrogen gas piping.
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