Home > Press Releases > RBJ Represents CrossHarbor Capital Partners In 135,000 SF Lease

RBJ Represents CrossHarbor Capital Partners In 135,000 SF Lease

November 4, 2011 Leave a comment Go to comments

NFI Signs Lease For Warehouse Space At 66 Saratoga Blvd.

BOSTON – April 13, 2011 – Richards Barry Joyce & Partners, LLC (RBJ&P), a full-service commercial real estate advisory firm, announced today that it represented CrossHarbor Capital Partners in a new 135,000 square foot lease with NFI in the Devens Industrial Park (Devens, Mass.).

NFI, one of the country’s most diverse supply chain solutions companies, signed a lease for warehouse space in 66 Saratoga Boulevard, one of the two buildings that comprise Devens Industrial Park.  The location will serve as a distribution center for NFI.

“Devens Industrial Park’s high level of amenities, central location and full utility infrastructure make it one of the leading distribution and warehouse facilities in the region,” said John Lashar, partner, Richards Barry Joyce & Partners.  “We are pleased that a nationally recognized company like NFI has chosen to relocate to 66 Saratoga Boulevard.”

John Lashar, John Wilson, Paul Leone and James Lipscomb of Richards Barry Joyce & Partners represented CrossHarbor Capital Partners in the lease.  Richards Barry Joyce & Partners is the exclusive leasing agent for Devens Industrial Park.

About 66 Saratoga Boulevard
Built in 1997, 66 Saratoga Boulevard is comprised of 401,000 square feet of warehouse space and 10,000 square feet of office space.  The building sits on 25.63 acres of land and features 30’ clear height, 55 loading docks and one drive-in door.  66 Saratoga Boulevard is part of the two-building Devens Industrial Park, along with 18 Independence Drive.  The park totals more than 730,000 square feet of high-bay manufacturing and distribution space and offers up to 360,000 square feet of expansion.

Warehouse Market Statistics
According to research by RBJ&P, the I-495 North submarket consists of 7,606,000 square feet of warehouse space and was 26.0% vacant, as of the quarter ended March 31, 2011.

About CrossHarbor Capital Partners
Since its inception in 1993, CrossHarbor Capital Partners has been recognized as a leading manager of alternative investments. The company combines a disciplined, multi-asset investment strategy with highly experienced professionals to generate superior, risk-adjusted returns for the firm and its investors.  CrossHarbor Capital’s business model is performance based and its investment activities exclusively emphasize opportunistic transactions in the following sectors: real estate, distressed loans and private equity.  www.crossharborcapital.com

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