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300 Ballardvale St., Wilmington
where: 300 Ballardvale St., Wilmington
what: Ballardvale Portfolio
owner: Berkeley Investments
built: 1985-1998
- Tenants have signed four leases totaling more than 66,000 square feet for office and R&D flex space at Boston-based Berkeley Investments’ Ballardvale Portfolio in Wilmington.
- At 300 Ballardvale St., insurance brokers HUB International leased 37,592 square feet. Other leases executed at the property in the last three months include software developer NorthBay Solutions for 3,398 square feet and Microlabs Scientific for 2,042 square feet. Monogram Foods leased 23,206 square feet at 301 Ballardvale St. as an advanced food production facility, in an expansion of its existing production plant at 330 Ballardvale St.
- The three-building, 310,000-square-foot portfolio consists of 299 Ballardvale and 301 Ballardvale St., two single-story flex properties, and 300 Ballardvale St., a two-story office building. Berkeley Investments is completing a series of capital improvements to reposition the portfolio including new roofs, HVAC replacement, upgraded lobby atriums and a new fitness center.
- CBRE/NE’s Jason Levendusky, Mark Reardon and Jake Borden are the exclusive leasing agents.
