SVN Parsons/Santiago Completes 3,000 SF Hopedale Industrial Lease for NC Storage Company

HOPEDALE—SVN® | Parsons Commercial Group completed a lease at 5 Condon Way. Commercial Real Estate Advisor, Marilyn Santiago, represented the tenant, Precision Stability Storage (PSS) in the transaction to secure the 3,000-sf industrial warehouse facility.

Precision Stability Storage provides off-site stability storage for products that require International Council for Harmonisation (ICH) -specified environmental conditions. PSS is a storage only facility utilized by both the product manufacturer and companies that are contracted to provide testing for the product.

Headquartered in North Carolina, the company is expanding its geographic presence with the opening of the new Hopedale facility. “It was a team effort between all parties involved. We had very specific requirements due to the nature of the business,” says Jeff Plugis of PSS New England. Despite these unique specifications, the transaction left PSS feeling pleased. “The landlord/owner, Fran Marcoux, was extremely diligent and collaborative in the design of the build out, which proved to be essential to us,” adds Plugis.

The SVN team took pride in the deal as well, as it recognized the potential the site offers to PSS. “5 Condon Way is a hidden gem. You get a quality product, new construction, hands-on ownership, 3 miles to Route 495 and equidistant to Interstate 90 or 95,” lauds Commercial Real Estate Advisor, Marilyn Santiago.

“The customization of the space was a deciding factor in choosing this location. There are few suites remaining, ranging from 1,500 to 6,000 square feet,” adds Santiago. As a brand new 12,000-sf facility, the spaces at 5 Condon Way are built to suit any type of tenant with the potential to serve as office, industrial or flex spaces.

Marilyn Santiago