At the event, the Mayor of Boston spoke highly of JC Cannistraro and the new jobs being created by the company. He mentioned that S. Boston area has transformed from a fish market to new hotels, headquarters and offices for GE, Skanska, Amazon and is now one of the hottest locations in the U.S. for development. John Cannistraro, President, said that the company needed to change as has Boston’s skyline on side of the building and the abutting sea on the other side of the building. This facility will give his company the ability to evolve for generations to come
The company has grown its business and had a need for additional space. NETA and JD Family Trust has been negotiating during the Winter and Spring of 2018 for new construction addition of approximately 35,000 square. The total lease facility is know 106,326 square feet. Additionally the tenant has extended its lease to a longer term. The lease amendment was executed during the Spring of 2018. Construction was recently completed during July, 2018 for the expansion. Numerous approvals were required by the town and state for this facility. Nahigian has been counseling numerous commercial and industrial projects for JD Family Trust since 2009.