{"id":1004153711,"date":"2016-09-27T23:09:56","date_gmt":"2016-09-28T07:09:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004153711"},"modified":"2020-05-13T00:08:45","modified_gmt":"2020-05-13T08:08:45","slug":"home-depot-renews-218-ksf-boston-area-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/home-depot-renews-218-ksf-boston-area-lease\/","title":{"rendered":"Home Depot Renews 218 KSF Boston-Area Lease"},"content":{"rendered":"

by Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"615<\/a>

615 & 625 University Ave., Norwood, Mass.<\/p><\/div>\n

Boston<\/strong>\u2014Los Angeles-based Hackman Capital Partners<\/a> and Hudson, Mass.-headquartered Calare Properties<\/a> recently announced the closing of a long-term lease renewal with Home Depot at 625 University Ave. in Norwood, Mass.<\/p>\n

Cathy Minnerly and Ovar Osvold of NAI Hunneman<\/a> represented the landlord, while Bob Gibson and Tony Kepano in CBRE\u2019s Atlanta office represented Home Depot. The building is owned by a joint venture that includes Hackman Capital, Calare and KBS REIT. PMRG is the property manager.<\/p>\n

Home Depot signed once more for roughly 218,000 square feet at the 439,8630-square-foot property, which also houses PODS and ASD Lighting. The building sitting on a 2.5-acre plot is currently 100 percent occupied by the three tenants.<\/p>\n

\u201cHome Depot has been a valued tenant at 625 University Ave. over the years. Their space offers ideal ceiling heights, extensive paved outside storage, ample loading, 4 CSX rail spurs, and a central location with easy access\u2013a very unique and rare opportunity,\u201d said Minnerly in prepared remarks. The industrial building<\/a> features 28 dock doors, 324 trailer parking spots, 209 car parking spots, as well as 3,200-amp electric service with 75 KW back-up generator.<\/p>\n

An adjacent property owned by the same joint venture, 615 University Ave., is currently offering 19,592 leasable square feet free of contract.<\/p>\n

Image courtesy of Hackman Capital Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Located close to the intersection of interstates 93 and 95, the building is also home to PODS and ASD Lighting. <\/p>\n","protected":false},"author":740,"featured_media":1004153712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21784,21748,21742,10],"tags":[],"class_list":["post-1004153711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-brokerage","category-industrial","category-latest","category-northeast"],"acf":[],"yoast_head":"\nHome Depot Renews 218 KSF Boston-Area Lease - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/home-depot-renews-218-ksf-boston-area-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Depot Renews 218 KSF Boston-Area Lease\" \/>\n<meta property=\"og:description\" content=\"Located close to the intersection of interstates 93 and 95, the building is also home to PODS and ASD Lighting.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/home-depot-renews-218-ksf-boston-area-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-28T07:09:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T08:08:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/615-625-University-Ave.-Norwood-Mass..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"461\" \/>\n\t<meta property=\"og:image:height\" content=\"346\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/home-depot-renews-218-ksf-boston-area-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/home-depot-renews-218-ksf-boston-area-lease\/\",\"name\":\"Home Depot Renews 218 KSF Boston-Area Lease - 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