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News release

Boston

Farley White Signs 5 Leases Totaling 17,000 S.F. at 6 Fortune Drive in Billerica


BOSTON, October 4, 2010 — Jones Lang LaSalle has completed five lease transactions over the last 12 months for a combined 17,000 square feet of first class office space at 6 Fortune Drive in Billerica, MA. The leases signed on behalf of Boston-based owner Farley White Interests are:  VoltDB for 7,997 square feet, High Street Partners leasing 3,375 square feet, Clearbridge Technology Group for 2,802 square feet, Wright Medical for 1,334 square feet, and Scanlab Systems Engineering for 1,059 square feet.
 
Jones Lang LaSalle Managing Director Tamie Thompson, Vice President Daniel Kollar represented the owner in all five transactions. VoltDB and Clearbridge Technology are relocating from 8 Federal Street in Billerica and 100 Apollo Drive in Chelmsford, MA respectively. High Street Partners’ lease is an early restructure, extension and expansion.  Wright Medical and Scanlab were straight renewal transactions. The three-story 26,500 square foot office building is now 80% leased.
 
The 6 Fortune Drive property is located off of Manning Road and the Middlesex Turnpike. It features a landscaped entry, two-story atrium lobby, nine-foot finished ceilings, and a ribbon window line. Amenities on site include a common loading dock in the rear of the building, centrally located elevator, shower facilities and individually controlled HVAC. Furnished move-in ready suites are available ranging from 1,000 to 3,500 square feet.
 
“6 Fortune perfectly complements our portfolio and is in sync with our strategy of owning the best properties in the markets that we serve,” said Farley White Principal John Power.  “The building offers an ideal work environment for growing companies.”
 
Accoring to Daniel Kollar: “The recent transactions at 6 Fortune Drive underscore the ownership’s commitment to designing creative and flexible deal structures that effectively meet the evolving occupancy needs of today’s office tenant. In addition, the hands-on, professional Farley White management team ensures a great tenant experience and helps support the high renewal rate achieved within the building.”
 
About Farley White

Farley White Interests is a Boston-based owner of commercial real estate.  The company owns and operates over 2 million square feet of commercial buildings which serve over 200 tenant customers.  Farley White endeavors to go beyond the expected.  We are passionate about our buildings and continuously work to improve them aesthetically and functionally.  Farley White enhances each of our properties with a focus on improvement, a respect for quality design and craftsmanship and quality service coupled with responsive management. These efforts benefit our customers by giving tenants superior workplaces and allowing investors to accumulate standout return on investment.  For further information, please visit our web site, www.farleywhite.com.
 
About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $38 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.