Opening of the new JC Cannistraro fabrication, manufacturing and design facility was held on Boston’s Seaport

The grand opening of the new JC Cannistraro fabrication, manufacturing and design facility was held on Boston’s Seaport on Thursday, June 14, 2018. Robert Cleary, SIOR, CRE Colliers International and Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., Newton, Mass. were the real estate advisors and brokers that took the project from initial planning to its final lease negotiations at 25 Fid Kennedy over the last 4 years. J.C. Cannistraro, LLC, of Watertown, MA is relocating its manufacturing facility with over 200 industrial employees on a 70 year long-term lease. The lease was negotiated by Bob Cleary and Rob Nahigian and is the first of its type in arguably over 50 years in the Seaport. It is significant both because of its longevity and industrial impact.

A radical transformation in the S. Boston

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