Home > Press Releases > RBJ Represents Clark Cutler McDermott In 59,970 SF Lease At Franklin Industrial Park

RBJ Represents Clark Cutler McDermott In 59,970 SF Lease At Franklin Industrial Park

Clark Cutler McDermott  Leases Entire Single Story Warehouse/Flex Facility

BOSTON – April 24, 2013 – Richards Barry Joyce & Partners, LLC (RBJ&P), a full-service commercial real estate advisory firm, announced today that it represented Clark Cutler McDermott Company in a 59,970 square foot, long-term lease renewal at 130 Constitution Blvd. (Franklin, Mass.).

Clark Cutler McDermott (CCMcD) leases the entire building at 130 Constitution Blvd., which is part of the Franklin Industrial Park.  The location serves as the company’s primary warehouse location.  CCMcD is headquartered at 5 Fisher Street in Franklin, where it has been located since its founding in 1911.

The building serves as a critical site for the company’s overall manufacturing process in Franklin by providing warehouse and staging for material and finished goods. “Clark Cutler McDermott has been a presence in the Franklin area for more than a century,” said John Lashar, partner, Richards Barry Joyce & Partners.  “It’s terrific to work with a company with such longevity and strong local roots.”

John Lashar, Partner

John Lashar, Partner

Richards Barry Joyce & Partners also represented the building’s landlord.  John Lashar and Paul Leone of RBJ&P were the sole brokers in the transaction.  The team was also involved with the initial lease transaction at the property five years ago.

About the Market – Town of Franklin Warehouse
According to research by Richards Barry Joyce & Partners, the town of Franklin has 2,887,000 square feet of warehouse space, which was 11.0% vacant (as of March 31, 2013).

About Clark Cutler McDermott Company
Clark-Cutler-McDermott Company was founded in 1911 by Thomas S. McDermott, Walter Clark, and William Cutler. The company’s headquarters have remained and expanded at the same location in Franklin, Massachusetts.  CCMcD is a privately held company that has been under the present management control for 96 years. CCMcD has a long history of developing innovative products for the automotive acoustical industry including: Re-claimed cotton acoustical insulation (shoddy) (1971), Polypropylene splash shields and fender insulators (1978), and Resin-free moldable acoustical insulators (1986).  For more information, please visit our website at http://www.ccmcd.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services.  For more information, please visit our website at www.rbjrealestate.com. Follow us on Twitter at @RBJ_Partners.

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