DTZ FHO Partners Brokers Two Leases Totaling 25,825 Square Feet on Behalf of RREEF at 100 Apollo Drive in Chelmsford
Boston, MA, September 19, 2007: DTZ FHO Partners, a leader in the commercial real estate advisory services field, is pleased to announce continued success in its leasing efforts at 100 Apollo Drive in Chelmsford, MA with the signing of Axis Communications in their expansion for 15,625 square feet and Desktone in their new lease for 10,200 square feet.
Michael O’Leary Senior Associate and Michael Dalton, Partner of DTZ FHO Partners represented the landlord, RREEF, in these transactions. Marci Alvarado, Vice President of Parsons Commercial Group represented Axis Communications. Troy Cody, formerly with Richards Barry Joyce & Partners and now with Jones Lang LaSalle represented Desktone.
Constructed in 1999, 100 Apollo Drive is a 110,779 square foot office building featuring a two-story lobby with sunny southern exposure. Located in the heart of the Route 495 Technology Belt on Route 3, one exit south of the Lowell Connector, 100 Apollo Drive offers tenants such amenities as on-site showers and locker rooms as well as nearby access to a health club, banks, drycleaning, numerous restaurants, The Courtyard by Marriott and the Chelmsford Ramada Inn.
About RREEF
RREEF Real Estate acquires and manages investments in commercial and residential property, and real estate securities on behalf of its institutional and private clients worldwide. Its product offering is global and comprehensive, including core, valueenhanced and high yield property investments as well as investments in publicly traded real estate securities. RREEF Real Estate has more than $56.9 billion in assets under management worldwide as of 30 June 2007.
About DTZ FHO Partners
DTZ FHO Partners is a commercial real estate firm offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. The senior partners of the firm have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis. The experienced professionals that make up DTZ FHO Partners have addressed the real estate needs of many industries including life sciences, high-tech, and financial services as well as law, consulting, accounting and other professional firms, assisting clients to develop and implement customized real estate solutions that enhance their overall business strategies.
More information about DTZ FHO Partners can be found at http://www.fhopartners.com or by calling 617-279-4555.