Garrett Quinn and Matt Quinlan of SVN | Parsons Commercial Group | Boston represented IEP Technologies in a long-term lease renewal for 37,800 SF at 417 South Street in Marlborough, a 145,600 SF Class A flex/R&D building located directly off Route 85. IEP Technologies was the first tenant to occupy the building in 2014.
IEP Technologies is a worldwide, leading provider of explosion protection systems and services. IEP has been operating for over 60 years in the U.S., Germany, Switzerland, U.K., France, and Turkey with a dedicated team that is diverse in discipline. IEP Technologies became a Hoerbiger Business Segment in 2015 furthering their specialty in performance defining systems.
417 South Street was purchased in 2019 by Berkeley Partners, an investment firm based in Dallas, TX that focuses primarily on light industrial real estate. Berkeley Partners was represented by Rachel Marks of CBRE.
SVN | Parsons Commercial Group |Boston is a commercial real estate firm based in Framingham, Massachusetts. The company is a leading provider of commercial real estate services including, leasing (tenant and landlord representation), investment sales, property management, development and construction management services. For more information visit: www.svnpcgboston.com