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News release

BOSTON, MA

Barton Associates Moves to 300 Jubilee Drive Peabody


BOSTON, 12 Jan. 2014 — Brookwood Financial Partners, LLC ("Brookwood"), a leading real estate investment and asset management company, announces that Barton Associates has signed a long-term lease for 50,500 square feet of first class office space at 300 Jubilee Drive in Peabody, MA. The space will serve as Barton’s new corporate headquarters. JLL Managing Director Matt Daniels, Senior Vice Presidents Christopher Decembrele and Andrew Whipple represented the landlord. Demetri  Koutrouvelis from Savills Studley negotiated on behalf of the tenant. 

Barton Associates, a leading national locum tenens staffing and recruiting company for physicians, physician assistants, and nurse practitioners, is relocating from Dearborn Road in Peabody. The firm will begin occupancy in March of 2015.

According to JLL’s Decembrele: “After what we understand to have been a lengthy property search process, we are delighted to accommodate Barton’s requirement/expansion at 300 Jubilee Drive. A tenant of this calibre is highly sought after in this market, and we are happy to provide them with the first class image they we looking for. Being able to satisfy Barton’s unique space and building requirements specific to their operation is truly what separated 300 Jubilee Drive from the rest of the market. ”

300 Jubilee Drive is a 163,000-square-foot first class office and warehouse building in Centennial Park directly off Route 128. It is a quarter mile from the I-95 and Route 128 interchange. The anchor tenants are Thermo Fisher Scientific and International Transportation Group. With this latest transaction to Barton Associates, the Brookwood- owned asset will now be 88% leased to three unique tenants.

“We are thrilled to be bringing Barton Associates to 300 Jubilee Drive,” says Brookwood Senior Managing Director Kurt Zernich. “They are a dynamic and fast-growing company.  The space, which spans two floors and boasts an expansive atrium and floor-to-ceiling window line, is the perfect fit for their new headquarters location.”

About Brookwood Financial Partners, LLC                                     
Brookwood is a Massachusetts-based private investment firm founded in 1993 that specializes in acquiring and managing commercial real estate and corporate securities on behalf of a select group of institutional and high net worth investors, family offices and trusts.  Since its inception, Brookwood has invested over $640 million of equity to acquire a portfolio of 142 assets with a realized and unrealized value in excess of $1.7 billion that has spanned multiple asset classes, geographical markets and industries across the United States.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.