Condyne Completes 37,052 Square Foot Lease

Condyne Capital Partners, LLC announced that it has executed a new 62-month lease between tenant, Wayfair, LLC, and landlord Leonard Street B4 Owner LLC within the Bluestar Business Park located at 15 Leonard Street in Norton, MA.

Wayfair is one of the world’s largest destinations for home goods. Offering expert customer service and interior design skills, they continue to develop tools to make shopping and decorating easier and fun! Wayfair carries one of the largest online selections of furniture and home décor to satisfy every budget and style including brands from: Joss & Main, AllModern, BirchLane and Perigold.

Wayfair is one of the major tenants in 15 Leonard Street where they will occupy 37,052 square feet for its newest photography studio center complete with large photo areas featuring varying scenery and a shop area that will be used for repairing photo props.  In addition to the photo studio there is 6,000 square feet of office space, a large conference room, wellness room, and a spacious open area to accommodate up to 30 cubicles.

Real Estate Brokers: John Lashar and Danielle Simbliaris, of CBRE, represented the landlord. Financing was organized through Middlesex Savings Bank.

Bluestar Business Park and the new Wayfair photo center is conveniently located in the Southeastern submarket of Boston off Route 495.  Phase I of Bluestar Business Park is Condyne’s newest development comprising of 445,000 SF of modern high bay fulfillment centers serving todays E-Commerce market.  Condyne Capital Partners, LLC is a vertically integrated development firm providing design, construction, asset management and property management services throughout the Northeast.  The firm has developed in excess of 20 MSF of primarily industrial properties since its inception with a concentration in high bay fulfillment, multi temperature cold storage, food production and manufacturing space.