September, 2018 Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce the completion of a counseling assignment on the lease renewal of KinderCare and WF Lacey &Sons, Co. f Salisbury, MA. Rob represented WF Lacey as the landlord’s real estate advisor in the negotiations of this long-term lease renewal that now has a control period for the next three decades. The building was developed for KinderCare as a build-to-suit in 1999 as a one-tenant child care facility. The property has over 12,700 square situated on 4.4 acres. The building is located at 262 Concord Road, Billerica, MA in the Concord Corporate Park and abuts Rt. 3. KinderCare has over 1400 locations nationwide with over 32,000 teachers and serving over 170,000 children. KinderCare is headquartered in Portland, Oregon. WF Lacey & Sons is headquartered in Salisbury, MA.
Auburndale Realty Company
Auburndale Realty Co., founded in 1949, specialized in leasing and managing rental apartments and single-family homes along the Route 128 beltway. It became the largest apartment property management company in Newton, MA. In 1960, it became one of Boston’s first real estate syndicators, specializing in apartment complex acquisitions. In 1989, Robert J. Nahigian joined the firm, with over 52 years of experience in commercial and industrial real estate. The firm has expanded its developments and holdings since 1985.
Recent Posts
- Nahigian appointed to NAR Professional Development and CRE VC Engagement and Recruitment December 14, 2024
- Nahigian key speaker at Dec. 10, 2024 S. Shore Realtors Commercial Conference December 14, 2024
- Nahigian Participates in Boston University Real Estate Program with CREW on Program September 22, 2024
- Nahigian speaks at CCIM Global Summit, Sept. 17-18, 2024 on Logistics Supply Chain September 22, 2024