At KS Partners’ three-building Dedham Row portfolio, which comprises 980 Washington St., 3 Allied Drive and 333 Elm St., the Colliers team has inked nearly 85,000 square feet of leases — or 22% of the entire portfolio — in Q2 2020 alone.
“Plenty of tenants are still focused on the end game with a ‘this too shall pass’ mindset,” said Colliers International Senior Vice President P.J. Foster. “We are going to come out of this pandemic with some new rules and sensitivities, but at the end of the day Dedham Row’s unique underlying fundamentals will continue to attract tenants seeking a strategic location central to both highway and rail commuters and a first-class on-site experience.”
The tenant mix for the portfolio and for the most recent leasing transactions cover a wide swath of industries and verticals; from financial services to energy; insurance to legal; and healthcare to professional services. At just under 30,000 square feet, Brown & Brown Insurance is the largest of the most recent leasing transactions, and represents an in-portfolio relocation and expansion, moving from 333 Elm St. to 980 Washington St. Other recently signed leases, which reflect a mix of new tenants, expansions and renewals/extensions include: HDAI, Hawthorne, Canon, ARC, Highline, Platinum Equity, Yes Energy, Bryan Wellness, NRK Investments and Trillium Technical.