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Teague, Kent & Rizzo Announce Continued Leasing Success for Campanelli’s Granite Woods Corporate Center

Bob Conrad of The Conrad Group Co-Brokes

Braintree – March 16, 2007: FHO Partners is pleased to announce continued success in its leasing efforts at Granite Woods Corporate Center, 350 Granite Street with the signing of Oriental Motor U.S.A. Corp. for 9,325 square feet of office space. Oriental Motors will be relocating from 1515 Washington Street in Braintree.

In August, 2006, Campanelli Companies purchased 350 Granite Street in Braintree from Verizon of New England, Inc. Granite Woods Corporate Center consists of two first class office buildings located at the intersection of Route 128/93 and 3, next to the South Shore Plaza. Campanelli Companies has commenced a multi-million dollar redevelopment of the property constructing new entry lobbies, common areas, extensive landscaping upgrades and new mechanical and infrastructure systems. The property features large floor plates of 40,000 square feet subdividable to 5,000 square feet, outstanding corporate visibility, covered parking, reservoir views, heavy power and a new amenity package including the creation of a small park next the reservoir.

Leo Yamauchi, President, Oriental Motor stated, “We are very excited about moving to this new office which is conveniently located in a very beautiful area surrounded by the reservoir. These physical advantages will provide us an ideal working environment which, I believe, will have a great impact on our employees’ performance and business expansion on the East Coast in the future.”

“This is a very attractive property that will become even more appealing in the near future,” stated Teague. “This complex has tremendous visibility, superb parking facilities, and a first-class amenity package. The location speaks for itself and will prove to be a great fit for other tenants to come. The interest from other tenants has been phenomenal. ”The leasing team for Granite Woods Corporate Center consists of Sean Teague, partner, Tom Kent, partner and Leeanne Rizzo, associate of FHO Partners. Oriental Motor was represented by Bob Conrad, President of The Conrad Group.

About Oriental Motor U.S.A. Corp.
Since its founding in Japan in 1885, Oriental Motor has been a world leader in motor development. For over a century Oriental Motor has concentrated on technological advancement and product design improvement. This emphasis is evident in the sophisticated devices that are marketed today. Oriental Motor’s sales and service network is international, with offices throughout the United States, Europe and Asia. Domestically, Oriental Motor U.S.A. Corp. was established in 1978.

About Campanelli Companies
Established in 1947, Campanelli Companies is a full service commercial real estate development company with extensive experience in the industrial, office, warehouse/distribution and retail markets. To date, Campanelli has developed over 15 million square feet of commercial real estate property. Campanelli has worked with a variety of capital sources including banks, insurance companies, pension funds and real estate investment trusts. Campanelli’s extraordinary track record as a developer means that the company can match a project to the lowest available cost of capital, which translates into the most competitive market rates for every development proposal.

Campanelli works closely with its clients during every phase of a development project, including site selection, feasibility analysis, local, state and federal permitting, architectural and engineering design, building construction, as well as facilities and property management. All phases of a project are handled by a cohesive development team that has worked together for over thirty years. Campanelli serves as the general contractor on all of its development projects. As both the developer and general contractor, Campanelli can assure its clients that every aspect of a project is directed, monitored and controlled by Campanelli Companies. For more information, visit www.campanelli.com

About FHO Partners
FHO Partners is a commercial real estate brokerage firm, focusing much of their efforts on strategic planning, consulting, research, lease administration, lease audits and transaction management services. The firm serves both tenants and landlords. FHO Partners not only specializes in the Greater Boston real estate market but also possesses the talent, resources and network to operate on a global platform.

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