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KS Partners Signs New Lease in Billerica, MA

22,833 SF Leased at 47 Manning Road in Billerica, MA

Press Release - May 15, 2009

BILLERICA, MA - KS Partners, LLC, one of Greater Boston’s largest landlords, today announced that it has leased 22,833 SF of office and lab space at its 47 Manning Road property in Billerica, MA.

Micah Stubblebine of The Stubblebine Company represented the landlord, KS Partners, LLC. Craig Johnston of R.W. Holmes Realty Company, Inc. represented the tenant, SemiLab AMS, LLC.

Glenn Roberts and Matt Joyce, two of KS Partners’ internal leasing representatives worked closely with The Stubblebine Company and R.W. Holmes to bring the deal together. “We’re extremely pleased with this transaction and are happy to partner with companies like SemiLab AMS” said Matt Joyce. “This is definitely a win-win situation”, said Glenn Roberts, adding that “This is a significant lease deal in the suburban Boston market.”

Chris Moore, President and CEO of SemiLab AMS had the following to say about transaction, “We were originally attracted to the building by the unique clean room facilities that were available. We rented the building because we found KS Partners, LLC to be straightforward to work with, and we were pleased that they listened to our needs. Of particular importance to me was that the building owner made a trip specifically to see me so we could settle the remaining issues in a face to face meeting, and he remained in contact throughout the process. We look forward to a long term relationship going forward as we continue to expand our business.”

SemiLab AMS, LLC entered into the five year lease for the entire first floor of the building. An early summer, 2009 move in date is anticipated.

   
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