Timothy P. O'Brien Joins Colliers Meredith & Grew as Associate in Suburban Brokerage Group
December 27, 2007

Boston, Massachusetts — Timothy P. O'Brien has joined Colliers Meredith & Grew as an Associate in the Suburban Brokerage Group, focusing on brokerage activities in the Route 495 submarkets.

Prior to joining the firm, Mr. O'Brien was a Territory Manager for BIOMET 3i in Boston, Massachusetts. He also worked as a Senior Account Executive with All Copy Products.

"Tim brings a great background and experience to Colliers Meredith & Grew," said James L. Elcock, Executive Vice President and Co-head of the Suburban Brokerage group. "We are very pleased to have him join our team and think his work ethic and determination will be a driving factor in the firm's continued success."

Mr. O'Brien earned a B.S. degree in Business Administration from Babson College in Wellesley, Massachusetts with a Marketing/Management IS Entrepreneurship concentration. He is a resident of South Boston, Massachusetts.

Colliers Meredith & Grew brokers sale of 122 Quincy Shore Drive in Quincy for Eastport Real Estate Services
December 27, 2007

Boston, Massachusetts — Colliers Meredith & Grew has successfully brokered the sale of 122 Quincy Shore Drive in Quincy, Massachusetts for $3.2 million to Lee Kennedy Co., Inc. The transaction closed on December 7, 2007. Executive Vice President James L. Elcock and Associates David B. Goodhue and Katharine B. Barry of Colliers Meredith & Grew represented the seller Eastport Real Estate Services. Owner Dana P. Narlee of Pearson Associates represented the buyer Lee Kennedy Co., Inc. The building will be used as Lee Kennedy Co.'s corporate headquarters.

Built in 1984 and renovated in 1996, 122 Quincy Shore Drive is a two-story, 21,000-square-foot office building located eight miles south of downtown Boston. It is within close proximity to the North Quincy Red Line T Station, one mile from Route 93 and five minutes from Route 3 offering excellent access to transportation. Numerous area amenities include access to Marina Bay.

"Eastport bought this building four years ago," said Michael Price, President of Eastport Real Estate Services. "We applied value added fundamental property management practices to increase the value well in excess of our original expectations. We were very pleased that Colliers Meredith & Grew and Pearson Associates handled the transaction in such an efficient manner."

Colliers Meredith & Grew Secures $4.4 Million Permanent Financing for the Penny Savings Bank Building in Boston, Massachusetts
December 18, 2007

Boston, Massachusetts — Colliers Meredith & Grew's Capital Markets group has secured a $4.4 million permanent loan for the Penny Savings Bank building in Boston, Massachusetts.

President Kevin C. Phelan and Vice President Seth I. Rosen represented the borrower, Stonegate Group LLC, in the transaction. The five-year, fixed-rate, permanent loan closed in December 2007 and includes a five-year extension option. Salem Five financed the transaction.

The redevelopment of the former Penny Savings Bank at 1361-1375 Washington Street in Boston's South End created a unique structure consisting of the existing two-story, white marble building with a restored exterior and a new three-story residential addition offering 23 luxury condominiums. The mixed-use project includes 8,788 square feet of retail on the ground floor and 29 underground parking spaces.

"This was a great outcome for this assignment," said Rosen. "Sean McGrath and Dean Calivas did an exceptional job of repositioning this historic asset, and we were pleased to obtain a permanent loan with a local commercial bank that facilitated their business plan."

"Salem Five performed exceptionally well on this assignment," added Phelan. "Despite the dramatic fall in treasury rates, Salem Five closed the loan on the agreed-upon terms. Given volatility in the marketplace, we were impressed by the Bank's willingness to honor their proposal to our client."

Colliers Meredith & Grew Delivers Five Tenants Totaling 16,545 Square Feet to 300 Ledgewood Place in Rockland, Massachusetts
December 18, 2007

Boston, Massachusetts — Representing the building's owner, F.P. Giglio Enterprises, the Colliers Meredith & Grew team of James Elcock and David Goodhue have negotiated five leases totaling 16,545 square feet at 300 Ledgewood Place in Rockland, Massachusetts.

Food Tech, LLC executed a 4,733-square-foot lease and was represented by Rick Schuhwerk of Jones Lang LaSalle. Control Print Technologies signed a 3,695-square-foot lease and was represented by Richard McKinnon of The Grossman Companies. Other leases include Newfields Companies, LLC (3,539 SF); Tangmu Seafood Products Co., Ltd. (2,345 SF) and First National Corporation (2,233 SF). Specifics of the lease transactions were not disclosed.

Upon completion in late 2007, 300 Ledgewood Place will consist of 39,000 square feet of first-class office space. This three-story, multi-tenant building, located within the campus setting of Ledgewood Office Park, will provide office suites ranging in size from 1,500 square feet to 13,000 square feet. Building amenities include a dramatic two-story atrium, on-site ownership and management, ample parking, public transportation, convenient highway access, all in a beautifully landscaped campus setting. There are also numerous amenities nearby, including restaurants, shopping centers, banking, and public transportation.

Colliers Meredith & Grew Represents BioEnergy International, LLC in Two Leases Totaling 24,608 Square Feet
November 29, 2007

Boston, Massachusetts — The Colliers Meredith & Grew team of James Elcock, David Goodhue and William Lynch has negotiated two leases totaling 24,608 square feet on behalf of BioEnergy International, LLC, a science and technology leader in the development of multi-product biorefineries that produces biofuels and bio-based specialty chemicals.

BioEnergy International executed a 13,856-square-foot lease at Batterymarch Park II in Quincy, Massachusetts, to relocate from Norwell, Massachusetts and expand its corporate headquarters by approximately 10,000 square feet. Andrew Majewski and Nat Kessler of CB Richard Ellis/New England represented the landlord, National Fire Protection Association.

BioEnergy International also signed a lease for 10,752 square feet of lab space at 42 West Cummings Park in Woburn, Massachusetts. The landlord, Cummings Properties, was represented in-house by Rob Yacobian and Eric Anderson. Specifics of these lease transactions were not disclosed.

The Woburn facility will be a first-of-its kind, next-generation research center that will serve as BioEnergy's strategic hub for leading innovation in the development and commercialization of next generation biofuels, biopolymers, and specialty chemicals from renewable sources. The bench-scale facility will validate, advance, and optimize BioEnergy's novel technology in support of its commercialization efforts around the world.

"I applaud and thank Colliers Meredith & Grew, specifically Jim, Dave and Bill for all their hard work. They have played an enormous role in finding the right locations for BioEnergy to achieve its mission to create a world-class facility where we can assemble our team of renowned industry leaders in all critical areas of next generation biorefineries," stated Chairman and CEO Stephen J. Gatto. "The launching of this research center brings us all closer to the day when a pound of sugar from renewable raw materials can replace a barrel of crude oil in the manufacturing of everything from the fuel we put in our cars to the plastics and fabrics we use in our lives."

Colliers Meredith & Grew Appointed Exclusive Leasing Agent for Pappas Commerce Center in Boston, Massachusetts
November 20, 2007

Boston, Massachusetts — Colliers Meredith & Grew has been appointed the exclusive leasing agent for the Pappas Commerce Center located at 645 Summer Street in the Seaport District of Boston, Massachusetts. Senior Vice Presidents Robert E. Cronin and Michael S. Edward will market this property on behalf of center's owner, Pappas Enterprises, Inc.

Encompassing approximately 50 acres of commercial land located minutes from downtown Boston, the Pappas Commerce Center contains over 800,000 square feet of prime office, retail and industrial space. Current tenants include local facilities for such well-known companies as W.B. Mason Company, Emerson College, UPS, Verizon, Boston Athletic Club and DHL.

"With units available from 10,000 to 115,000 square feet, small and large tenants will find the accessibility, flexibility and attractive lease rates at Pappas Commerce Center a compelling reason to bring corporate space requirements to Greater Boston's best industrial center," said Cronin.

Vigilant Enterprise Solutions Sublease 5,916 Square Feet from LeapFrogRx at 2 Hampshire Street in Foxborough, Massachusetts
November 20, 2007

Boston, Massachusetts — Vigilant Enterprise Solutions has subleased 5,916 square feet for its headquarters from LeapFrogRX at 2 Hampshire Street in Foxborough, Massachusetts. Colliers Meredith & Grew Executive Vice President James L. Elcock and Associate William C. Lynch represented LeapFrogRX in the transaction. Colliers Meredith & Grew Associate David B. Goodhue represented Vigilant Enterprise Solutions. Specifics of the lease transaction were not disclosed.

Built in 2001, 2 Hampshire Street is a three-story, 114,297-square-foot Class A office building located in Foxborough, Massachusetts.

"This was a great situation for both LeapFrogRx and Vigilant Enterprise Solutions," said Lynch. "LeapFrogRX was able to successfully consolidate its operations in Waltham by subleasing this space in Foxborough, while Vigilant was able to expand its operations into a Class A office building within a thriving business park."

"This opportunity couldn't have come at a better time," said Matthew Hooper, Chief Technology Officer. "Recently Vigilant Technologies and BayTech merged to form Vigilant Enterprise Solutions. Our new, larger office has the space to accommodate our fast, yet sustainable growth."

Colliers Meredith & Grew Secures $23 Million in Financing for Northland Investment Corporation
November 20, 2007

Boston, Massachusetts — Colliers Meredith & Grew arranged financings for two apartment communities located in western Massachusetts on behalf of Northland Investment Corporation. Colliers Meredith & Grew Vice President John Broderick secured a total of $23 million for the Cliffside Apartments (Sunderland, MA) and Boulders Apartments (Amherst, MA), at $13 million and $10 million, respectively. Both financings have five-year terms and are interest only, fixed rate loans. The loans were placed with Genworth Financial, for which Colliers Meredith & Grew serves as a New England correspondent.

The apartment complexes are 280 units and 256 units, garden- style multifamily communities. Amenities include fitness centers, playgrounds, soccer field, swimming pools, and picnic areas.

"Genworth spent the extra time upfront to understand the local apartment market, which is driven by the large concentration of colleges in the area", said Broderick. "They structured highly competitive deals with excellent pricing during a time of very unsettled capital markets."

212 Elm Street in Somerville, MA Trades for $19.6 Million
November 6, 2007

Boston, Massachusetts — Colliers Meredith & Grew has successfully brokered the sale of 212 Elm Street in Somerville, Massachusetts for $19.6 million. The transaction closed on October 18, 2007. The Colliers Meredith & Grew team of Tad A. Lee and Leigh L. Freudenheim procured the buyer, Upland Capital Corporation; the seller was Paradigm Properties. Lee and Freudenheim have also been awarded the exclusive leasing assignment for the property. Paradigm Properties will remain as the property manager.

Built in 1989, 212 Elm Street is a four-story, 66,217-square-foot office and retail building located in the heart of Davis Square. It offers excellent access to transportation and abundant amenities including covered and surface parking. The building was 100% leased at the time of sale and the tenant roster includes Arrowstreet, Inc., Citizens Bank, Tibco and Powderhouse Productions.

"Upland Capital is excited to have been able to acquire such a great property in an excellent, prime location," said Bernard Chiu, Chairman of Upland Capital. "We look forward to working with all the tenants to meet their future growth needs."

Andrew J. Whipple Joins Colliers Meredith & Grew as Associate on Suburban Brokerage Team
October 26, 2007

Boston, Massachusetts — Andrew J. Whipple has joined Colliers Meredith & Grew as an Associate, focusing on brokerage activities in the Route 128 and 495 markets, working closely with Senior Vice President Matthew J. Daniels. Prior to joining the firm, Mr. Whipple was a Real Estate Sales Agent for East Coast Realty in Boston, Massachusetts.

"With his background and experience, Andrew is a great addition to our brokerage team," said Daniels. "He hit the ground running on day one and hasn't stopped."

Mr. Whipple earned a B.A. degree in Political Science from Trinity College in Hartford, Connecticut. He is a resident of Boston, Massachusetts.

Colliers Meredith & Grew Represents ChoiceStream in 39,276-Square-Foot Lease at 210 Broadway in Cambridge, Massachusetts
October 9, 2007

Boston, Massachusetts — Joe Flaherty and Tucker Hansen of Colliers Meredith & Grew recently represented ChoiceStream, Inc., the leading provider of personalization solutions for online entertainment services, e-retailers, TV and mobile providers, in a 39,276-square-foot lease at 210 Broadway in Cambridge, Massachusetts. The landlord, Met Life, was represented by John Miller of Lincoln Property Company. Specifics of the lease transaction were not disclosed.

Built in 1999, 210 Broadway is a four-story, 80,760-square-foot Class A office building located near Kendall Square in Cambridge, Massachusetts.

Colliers Meredith & Grew Represents WMR BioMedical, Inc. in 27,311-Square-Foot Lease at 480 Arsenal Street in Watertown, Massachusetts
October 9, 2007

Boston, Massachusetts — Joe Flaherty and Tucker Hansen of Colliers Meredith & Grew recently represented WMR BioMedical, Inc., a developer of medical devices for cardiology and ophthalmology markets, in a 27,311-square-foot lease for its headquarters at 480 Arsenal Street in Watertown, Massachusetts. The landlord, Alexandria Real Estate Equities, was represented by Curtis Cole of CB Richard Ellis/New England. Specifics of the lease transaction were not disclosed.

480 Arsenal Street is a two-story, 145,000-square-foot building located in Watertown, Massachusetts featuring biotech lab space. The property is located less than five miles from I-90, the Massachusetts Turnpike, and is situated close to the Arsenal Mall.

Colliers Meredith & Grew Arranges Two Leases Totaling 19,900 Square Feet at Stony Brook Office Park in Waltham, Massachusetts
October 5, 2007

Boston, Massachusetts — Representing landlord ING Clarion, the Colliers Meredith & Grew team of James Elcock, John Carroll III and Elias Demakes have negotiated two leases totaling 19,900 square feet at Stony Brook Office Park in Waltham, Massachusetts.

Brandeis University executed a 10,985-square-foot lease at Building 2A and was represented by Elcock, Carroll and Demakes in the transaction. Bay Financial Associates executed an 8,915-square-foot lease for its headquarters at Building 3 and was represented by Alexander Dauria of Jones Lang LaSalle. Specifics of the lease transactions were not disclosed.

Renovated and expanded in 2004, Stony Brook Office Park is a four-building, 270,000-square-foot office park located on Route 128, near the Massachusetts Turnpike (I-90) intersection. Amenities include a full-service cafeteria, fitness center and immediate proximity and access to the MBTA commuter rail Brandeis/Roberts stop.

"We are pleased with these two additional tenants joining Stony Brook's existing excellent tenant roster," said Elcock. "ING Clarion has done an exceptional job continuing the success of Stony Brook since its summer 2006 acquisition."

Colliers Meredith & Grew Brokers Sale of 113 Hartwell Avenue in Lexington, Massachusetts
September 25, 2007

Boston, Massachusetts — Colliers Meredith & Grew has successfully brokered the sale of 113 Hartwell Avenue in Lexington, Massachusetts to a joint venture of Neelon Properties, LLC and AEW Capital Management, L.P. for $12.85 million. The transaction closed on September 21, 2007. AEW acquired the property on behalf of AEW Value Investors, II, L.P., the second in AEW's series of value-added real estate funds.

The Colliers Meredith & Grew team of Executive Vice President Lisa M. Campoli, Senior Vice President Matthew J. Daniels, Vice President Nicholas M. Herz and Associate Katharine B. Barry represented the owner, New York-based Gateside Corporation, and procured the buyer.
Built in 1989, the 215,345-square-foot property consists of 19, two-story, multi-tenant industrial and R&D buildings situated on a 14.5-acre campus.

113 Hartwell Avenue is a one-story, 105,656-square-foot office/R&D building located near Hanscomb Air Force Base and MIT’s Lincoln Laboratory.

"The well-located building is leased in its entirety to Instrumentation Laboratory through late 2009," said Campoli. "Neelon Properties, LLC and AEW recognized the opportunity to create value by repositioning the asset for new tenancy at that time."

Colliers Meredith & Grew Secures $25 Million Refinancing for Alton Plaza in Irvine, California
September 11, 2007

Boston, Massachusetts — Colliers Meredith & Grew's Capital Markets group has secured a $25 million refinancing loan for Alton Plaza in Irvine, California.

President Kevin C. Phelan and Vice President Seth I. Rosen represented the borrower, AEW Capital Management, L.P., in the transaction. The ten-year, interest-only loan closed in May 2007 and The Northwestern Mutual Life Insurance Company financed the transaction.

Built in 1989, the 215,345-square-foot property consists of 19, two-story, multi-tenant industrial and R&D buildings situated on a 14.5-acre campus.

It is currently 100% leased. "Alton Plaza is a core asset in an exceptional market. We were very pleased to assist AEW with the placement of this loan," said Phelan.

Colliers Meredith & Grew Announces Investment in the Firm by FirstService Corporation and New Senior Management Appointments – Tom Hynes, Kevin Phelan and Ron Perry Assume New Management Positions and Titles
September 5, 2007

Boston, Massachusetts — Colliers Meredith & Grew announced today that it has completed the sale of an 80% interest in the firm to FirstService Corporation, a NASDAQ-listed, diversified property services company headquartered in Toronto, Ontario. The transaction is effective September 1, 2007. The existing Colliers Meredith & Grew shareholders in the firm will retain a 20% interest. The terms of the transaction were not disclosed.

"Partnering with Colliers Meredith & Grew is a key strategic move for our rapidly growing commercial real estate services platform," said Scott Patterson, President and COO of FirstService Corporation. "M&G is a highly regarded institution in the New England region with more than 130 years experience, an outstanding leadership team and a strong group of professionals. With the addition of M&G, our commercial real estate services platform now operates from more than 157 offices, in 26 countries around the world and generates annual revenue in excess of $750 million."

"Our significant investment in Colliers Meredith & Grew is an important part of our vision to become one of the top global players in commercial real estate services," said Jay Hennick, Founder and Chief Executive Officer of FirstService. "Our proven partnership model continues to be a key competitive advantage in building our business. With quality management teams that have direct ownership in the operations they manage day- to-day, like those of Colliers Meredith & Grew, we will continue to create value for all stakeholders over the long term."

Colliers Meredith & Grew also announced that effective immediately, Thomas J. Hynes, Jr. and Kevin C. Phelan have been appointed Chairman, and President of the firm, respectively. Additionally, Ronald K. Perry has been named Head of Colliers Meredith & Grew's Brokerage Group, which includes the Boston Brokerage, Suburban Brokerage and Retail Brokerage teams.

"We are very excited to partner with FirstService where we will enjoy the management incentive that comes with maintaining a significant ownership interest in the business, while having the decision-making authority to continue to grow and develop our business in the future as we have in the past," said Hynes, Chairman & CEO of Colliers Meredith & Grew. "We will also benefit from having access to the resources and capabilities of a large global organization including enhanced information technology capabilities and systems, unique industry-leading training programs and a variety of other specialized management tools that will help us better service our clients and accelerate our growth. We could not have found a better strategic partner."

"This is a great opportunity for Colliers Meredith & Grew to better serve our clients with an expanded platform. Colliers Meredith & Grew's entrepreneurial spirit and strong leadership team remains", added Hynes. "Kevin, Ron and I, along with our colleagues on our Executive Committee - Lisa Campoli, David Douvadjian, Jim Elcock and Joe Flaherty - are dedicated to the company's growth and success." Hynes joined Colliers Meredith & Grew in 1965 and was appointed President in 1988. He has over forty years experience in real estate brokerage and advisory activities.

"This is a milestone in my career," said Phelan. "To follow in the footsteps of Messrs. Horan, Lovejoy and Hynes is an honor, and to continue to work with my colleagues in this capacity, a privilege." Phelan joined the firm in 1978 to create the Capital Markets group. He has been involved in several billion dollars in financings across the United States, representing all property types. He is active in many civic and philanthropic organizations and will honored with the Leventhal - Sidman Award at the 2007 United Way of Massachusetts Bay's Real Estate and Building Industry Leadership Breakfast in November 2007.

"Our new strategic partnership with FirstService is an important element in the growth and continued success of Colliers Meredith & Grew's core businesses. It will help us to provide the best Tenant Advisory and Landlord Representation service to our clients," Perry added. Perry is a long-time senior member and head of the firm's Boston Brokerage team, a position he will retain in addition to assuming the leadership responsibility for the firm's Brokerage group.

Colliers Meredith & Grew Secures $35.6 Million Refinancing for Garage C in Warwick, Rhode Island
August 29, 2007

Boston, Massachusetts — Meredith & Grew's Capital Markets group secured a $35.6 million refinancing loan for Garage C located at the T.F. Green International Airport in Warwick, Rhode Island.

Executive Vice President Kevin C. Phelan and Vice President Seth I. Rosen represented the borrower, New England Parking Company, in the transaction. The ten-year, fixed-rate loan closed in July 2007. Citigroup Global Markets, Inc., a conduit lender, financed the transaction.

Built in 1999, Garage C, formerly known as Red Beam Garage, is a privately-owned, six-level, 1,500-space parking facility immediately adjacent to the T.F. Green International Airport in Warwick, Rhode Island.

"Garage C at T.F. Green International Airport is one of the only privately-owned garages in the country that is on the premises of a commercial airport," said Phelan. "It was a unique and challenging assignment, and we are quite pleased with the results."

"Citigroup did an exceptional job closing this transaction in what was a very challenging capital and credit market environment," added Rosen.

Meredith & Grew Secures $9.5 Million Refinancing for 29 Commonwealth Avenue in Boston, Massachusetts
August 27, 2007

Boston, Massachusetts — Meredith & Grew's Capital Markets group has secured a $9.5 million refinancing loan for 29 Commonwealth Avenue in Boston, Massachusetts.

Executive Vice President Kevin C. Phelan and Vice President Seth I. Rosen represented the borrower, Capital Properties, in the transaction. The ten-year, interest-only loan closed in July 2007. Lehman Brothers, Inc., a conduit lender, financed the transaction.

Built in 1894 and renovated in 1987, 29 Commonwealth Avenue is an eleven-story, 36,700-square-foot, historic Class B office building located in the heart of Boston's Back Bay. It is 100% occupied.

"29 Commonwealth Avenue is a very unique commercial building with a diverse range of smaller medical and professional tenants," said Rosen. "The stabilized nature of the rent roll made this an ideal candidate for a securitized permanent loan."

Meredith & Grew Arranges Two Leases Totaling 9,600 Square Feet at One Gateway Center in Newton, Massachusetts
August 23, 2007

Boston, Massachusetts — Representing landlord J.F. White Properties, Meredith & Grew has negotiated two leases totaling 9,600 square feet at One Gateway Center in Newton, Massachusetts.

M.J. Flaherty Company executed a 6,600-square-foot lease and was represented by Vice President Shawn McDonough of CresaPartners working with the Meredith & Grew team of Executive Vice President James L. Elcock and Senior Vice President John A. Carroll III.   

Elcock, Carroll and Meredith & Grew Assistant Vice President Joseph J Crowley worked with Trine Pharmaceuticals to renew its 3,000-square-foot lease for its headquarters space.

Built in 1970 and extensively renovated in the last few years, One Gateway Center is a nine-story, 175,000-square-foot Class A office building located at 300 Washington Street in Newton, Massachusetts.  It is adjacent to the Sheraton Newton Hotel and offers excellent access to the Massachusetts Turnpike, downtown Boston, Logan International Airport, Route 128, MBTA bus service and the Newtonville commuter rail station.  Amenities include on-site management, banking, numerous restaurants and other conveniences across the street.

Meredith & Grew Represents Housing Partnership Network in 5,400-Square-Foot Lease at
160 State Street in Boston, Massachusetts
August 23, 2007

Boston, Massachusetts — The Housing Partnership Network has executed a new lease to expand its premises to 5,400 square feet at 160 State Street in Boston, Massachusetts.  

Senior Vice President Francis X. Durand, Vice President Lawrence T. Epstein and Associate Helene F. Horan of Meredith & Grew’s Boston Brokerage group represented Housing Partnership Network in the transaction.  Vice President Ben Heller and Associate Broker Katharine Krein of Jones Lang LaSalle represented the landlord, Northland Investment Corporation.  Specifics of the lease transaction were not disclosed.

Built in 1921 and renovated in 1982, 160 State Street is a 10-story, 26,671-square-foot office building located adjacent to Faneuil Hall in downtown Boston.

Meredith & Grew Represents MIB Group, Inc. in 37,000-Square-Foot Lease at the Braintree Hill Office Park in Braintree, Massachusetts and Sale of Westwood, Massachusetts Building
August 23, 2007

Boston, Massachusetts — MIB Group, Inc. has executed a new 37,000-square-foot lease to relocate its headquarters from Westwood, Massachusetts to the Braintree Hill Office Park in Braintree, Massachusetts, owned by The Flatley Company.  MIB’s move is planned for December 2007.

The Meredith & Grew team of Executive Vice President James L. Elcock and Associates David B. Goodhue and William C. Lynch represented MIB in the transaction, working closely with MIB’s President and Chief Executive Officer James F. Cook, Chief Financial Officer Linda Barnes and General Counsel, Jonathan Sager.  Senior Vice President Bernie Campbell and Vice President Joseph Alfonso of The Flatley Company represented the landlord.  Specifics of the lease transaction were not disclosed.

The Braintree Hill Office Park is located at Exit 6 on Route 128 in Braintree, Massachusetts.  The office park features complimentary shuttle service to public transportation, an on-site child development center, up-scale deli style restaurant and catering service, meeting room facilities, landscaped jogging trails, full-service staffed fitness center, on-site banking, and ample free parking.

”MIB reviewed many space opportunities from Waltham to Quincy before deciding to move to Braintree.  The Braintree Hill Office Park provided all the amenities they were looking for, as well as the ability to house all employees on one floor,” said Elcock.

In a related transaction, the Meredith & Grew team also represented MIB in the sale of its 51,000-square-foot building in Westwood to Cabot, Cabot & Forbes and Commonfund Realty.

“We were committed to finding an outstanding facility in a convenient location to meet our business requirements. Meredith & Grew worked hard to find this premium location with its excellent amenities and we are looking forward to the move,” said James F. Cook, MIB’s President.  “Meredith & Grew’s professionalism and expertise made both deals much easier to put together”, added Jonathan Sager, MIB’s General Counsel.

“We are pleased that MIB has selected Braintree Hill Office Park for its world headquarters and will be joining us and an elite group of tenants in the Park and we applaud the efforts of Meredith & Grew to conclude this transaction with MIB,” said Flatley Senior Vice President Bernie Campbell.  “Braintree Hill Office Park is growing, construction is well underway with our 6th Class ‘A’ office building, consisting of 160,000 square feet, which will be ready for occupancy in spring 2008.  This building has excellent highway visibility, as well as spectacular panoramic views of the majestic Blue Hills, downtown Boston, Quincy Bay and Boston Harbor.”

Human Services Research Institute Signs 5,958-Square-Foot Lease
at 19 Camp Street in Cambridge, Massachusetts
August 22, 2007

Boston, Massachusetts — The Human Services Research Institute (HSRI) has executed a new 5,958-square-foot lease at 19 Camp Street in Cambridge, Massachusetts.  Meredith & Grew Vice President Tucker Hansen and Associate Ben Coffin represented HSRI in the transaction.  Meredith & Grew Vice President Tad Lee represented the landlord, CODACAM LLC.  Specifics of the lease transaction were not disclosed.

19 Camp Street is an 18,000-square-foot building located near Davis Square in West Cambridge at the corner of Massachusetts Avenue and Cameron Avenue.'

Valerie A. Reid and Jennifer F. MacMillin Join Meredith & Grew
August 21, 2007

Boston, Massachusetts — Valerie A. Reid and Jennifer F. MacMillin have joined Meredith & Grew's Property & Asset Management Services group.

Ms. Reid joins the firm as a Senior Property Manager, with a broad range of departmental responsibilities including operations and due diligence support, new business development and asset management. Prior to joining the firm, Ms. Reid was the General Manager of the 900,000-square-foot John Moakley U.S. Courthouse working for BCMA/Urban Retail Properties. She is a graduate of Eastern Nazarene College and holds the RPA designation from the Building and Owners Managers Associations (BOMA).

Ms. MacMillin joins the firm as an Assistant Property Manager responsible for the day-to-day operation of a three-building campus totaling 297,000 square feet located in Waltham, Massachusetts. Prior to joining the firm, Ms. MacMillin was an Assistant Property Manager for RREEF Management where she was responsible for properties located along Route 3, 495 North and 128 South. She is a graduate of Massachusetts College of Liberal Arts.

"Valerie and Jennifer bring a depth of experience to Meredith & Grew," said Dennis F. Callahan, Executive Vice President and head of the Property & Asset Management Services group. "We are very pleased to have them join our team of dedicated property management professionals."

Genetix Pharmaceuticals Signs 10,500-Square-Foot Lease at 840 Memorial Drive in Cambridge, Massachusetts
August 1, 2007

Boston, Massachusetts — Genetix Pharmaceuticals, Inc. has executed a new 10,500-square-foot lease at 840 Memorial Drive, also known as Riverside Technology Center in Cambridge, Massachusetts. Meredith & Grew's Joe Flaherty, Tucker Hansen and Ben Coffin represented Genetix and the landlord, The Abbey Group, in the transaction. Specifics of the lease transaction were not disclosed.

Located at 840 Memorial Drive, Riverside Technology Center is a 130,000-square-foot laboratory building located between M.I.T. and Harvard University, in close proximity to numerous biotech industry leaders. Amenities include a full-service cafeteria, on-site parking garage and easy access to Storrow Drive and the Massachusetts Turnpike, expansive views of the Charles River and adjacent access to Riverside Press Park with its outdoor basketball and tennis courts.

Andrew C. Weesner Joins Meredith & Grew's Development & Advisory Services Group
August 1, 2007

Boston, Massachusetts — Andrew C. Weesner has joined Meredith & Grew's Development & Advisory group as a Project Manager with a primary focus on the fit-up of tenant space for both tenants and building owners.

Mr. Weesner received his M.B.A. from Babson College, his B.S. in Construction Project Management from Wentworth Institute of Technology and a B.A. in Economics from Lake Forest College in Chicago, Illinois. Prior to joining Meredith & Grew he worked with Spaulding & Slye Colliers, A.J Martini, Inc. and the Modern Continental Companies all in Boston, Massachusetts where he had various levels of responsibility for real estate-related projects.

"Andrew brings tremendous project management experience to his position. He is a very important resource for our clients and staff, and we are fortunate to have him join Meredith & Grew," said Neil J. Hurley, Senior Vice President and head of the Development & Advisory Services' project management group.

Mr. Weesner is a resident of Boston.

Meredith & Grew Arranges Two New Leases Totaling 18,554 Square Feet at 161 First Street in Cambridge, Massachusetts
July 26, 2007

Cambridge, Massachusetts — Meredith & Grew represented Sedo.com, LLC and Genocea Biosciences, Inc. in two new leases totaling 18,554 square feet at 161 First Street in Cambridge, Massachusetts.

Vice President Tucker Hansen of Meredith & Grew worked with Vice President Chris McCauley of Richards Barry Joyce & Partners who represented the landlord, Alexandria Real Estate Equities, Inc., in the transactions. Sedo.com and Genocea Biosciences leased 9,358 and 9,196 square feet, respectively for their headquarters. Details of the specific leases were not disclosed.

161 First Street is a brick & beam, 45,820-square-foot, four-story lab and office building located in the heart of the East Cambridge market. The location benefits from its proximity to the Massachusetts Institute of Technology, Harvard University, numerous technology and biotech companies, research facilities, hotels and the CambridgeSide Galleria Mall.

Meredith & Grew Secures $11.1 Million Refinancing for Plantation Club in Melbourne, Florida
July 12, 2007

Boston, Massachusetts — Meredith & Grew's Capital Markets Group has secured an $11.1 million refinancing loan for the Plantation Club in Melbourne, Florida. Vice President John J. Broderick represented the borrower, Northland Investment Corporation, in the transaction. The five-year, fixed-rate loan closed in May 2007. Prudential Insurance Company financed the deal.

Plantation Club is a 216-unit apartment community consisting of 19 one-, two-, and three-story buildings situated on approximately 11 acres in Melbourne, Florida. The property, which is located one half mile off Interstate 95 within the exclusive community of Suntree, was constructed in 1985 and renovated in 1997. Community amenities include an 18-acre lake featuring sun deck areas and fishing dock, picnic areas, two swimming pools, fitness center, whirlpool spa, tennis courts, 24-hour laundry facilities and a car care center.

"Prudential did an outstanding job recognizing the strength of the asset," said Broderick. "Prudential was able to structure a highly competitive deal based on property performance hurdles and delivered the flexibility at a very attractive rate."

Meredith & Grew Secures $10.1 Million Refinancing for The Liberty Tree Building in Boston, Massachusetts
July 12, 2007

Boston, Massachusetts — Meredith & Grew's Capital Markets group has secured a $10.1 million refinancing loan for The Liberty Tree Building in Boston, Massachusetts. Executive Vice President Kevin C. Phelan and Vice President John J. Broderick represented the borrower, Liberty Tree SPS, LLC, in the transaction. The ten-year, fixed-rate loan closed in May 2007. CIBC World Markets, a conduit lender, financed the deal.

The Liberty Tree Building is a five-story, 44,539-square-foot office building with a ground floor retail component located at 630 Washington Street in downtown Boston. The property underwent a $7 million renovation in 1998 and thereafter housed Boston's Registry of Motor Vehicles. Dunkin Donuts occupies the ground floor retail space. The building is 100% leased.

"CIBC did an outstanding job of getting this loan closed as initially agreed upon during some very unsettled times in the marketplace," said Broderick.

Icosystem Corporation Renews Lease at 10 Fawcett Street in Cambridge, Massachusetts
July 3, 2007

Boston, Massachusetts — Icosystem Corporation has renewed its 11,136-square-foot lease for its headquarters at 10 Fawcett Street in Cambridge, Massachusetts. Vice President Tad Lee and Executive Vice President Joe Flaherty of Meredith & Grew represented Synergy, the landlord, in the transaction. Icosystem was represented by Mike Brown, Partner and Ted Lyon, Vice President of FHO Partners. Specifics of the lease transaction were not disclosed.

Constructed in 1985, 10 Fawcett Street is a first-class 130,304-square-foot, six-story office building located in the heart of the Alewife submarket in Cambridge, Massachusetts. The building features an on-site café, refurbished common areas and 287 parking spaces, 244 of which are structured including 46 garage spaces. It is easily accessible from Boston, Route 2, and the Massachusetts Turnpike and is a half mile from the Alewife MBTA station, providing subway, bus service and a 2,595-car parking facility. The property is adjacent to the 315-acre Fresh Pond Reservation which includes a nine-hole golf course and a three-mile trail network. The area is serviced by numerous restaurants, hotels and retail amenities.

Scheduling Systems Incorporated Renews Lease at 95 Sawyer Road in Waltham, Massachusetts
July 2, 2007

Boston, Massachusetts — Scheduling Systems Incorporated, a developer of aviation operating software, has renewed its 3,235-square-foot lease for its headquarters at 95 Sawyer Road in Waltham, Massachusetts. Assistant Vice President Elias T. Demakes of Meredith & Grew represented Scheduling Systems in the transaction, working with Director Ty Janney of Cushman & Wakefield who represented the landlord, NPV/Direct Invest, LLC. Specifics of the lease transaction were not disclosed.

Built in 1988, 95 Sawyer Road is a six-story, 125,000-square-foot Class A office building located within University Office Park in Waltham, Massachusetts. It is adjacent to the MBTA Commuter Rail stop at Brandeis-Roberts and offers access to Route 128 and the Massachusetts Turnpike. Amenities include a fitness center, food service, on-site management and a 293-car parking garage.

Meredith & Grew Arranges Three Leases Totaling 34,610 Square Feet at Brickstone Square in Andover, Massachusetts
June 25, 2007

Boston, Massachusetts — Senior Vice President Matthew J. Daniels and Associate Christopher E. Lawrence of Meredith & Grew represented the landlord, Transwestern Investment Company, in three leases totaling 34,610 square feet at Brickstone Square in Andover, Massachusetts.

Regus/HQ Global Workplaces executed a new 18,000-square-foot lease and was represented by Director of Business Development Tim Locke of The Regus Group PLC. Aras Corporation executed a new 8,367-square-foot lease to relocate its headquarters from Lawrence, Massachusetts, and was represented by Principal Debra L. Stevens of The Stevens Group in the transaction. Director Matthew S. Adams of Cushman & Wakefield represented Medical Healthcare Solutions, Inc. in its 8,243-square-foot renewal lease for its headquarters. Details of the specific leases were not disclosed.

Brickstone Square is a signature suburban business center with three first-class office and R&D buildings, totaling approximately one million square feet, in an attractive campus setting. Amenities include a 3,000+ space parking facility, a 564-seat cafeteria, a fitness center, a Bright Horizons Family Solutions day care, 24/7 security, volleyball courts and on-site property management. Located near the Route 495 and 125 interchange in Andover, Massachusetts, Brickstone Square is easily accessible from Routes 114, 133 and 125. Its buildings are within minutes of Andover's MBTA Commuter Rail Station and Andover Center.

"We are very pleased to have HQ Global Workstations come to Brickstone Square," said Senior Vice President Joseph Concepcion of Transwestern Investment Company. "This highly professional group provides a tremendous amenity to the complex and will certainly add to the exceptional amenities already in place at the park. Our history is for our tenant base to expand at Brickstone Square as they grow their business. HQ will provide great tenant exposure to Brickstone Square while enjoying a vast array of amenities already in place at the park."

Meredith & Grew Represents OMNI life science, Inc. for Expansion and Renewal at Raynham Woods Commerce Center in Raynham, Massachusetts
June 25, 2007

Boston, Massachusetts — OMNI life science, Inc., a medical device firm focusing on the orthopedic segment of the healthcare market, has expanded and renewed its lease to 4,170 square feet at 175 Paramount Drive in Raynham, Massachusetts. Executive Vice President James L. Elcock and Associate William C. Lynch of Meredith & Grew represented OMNI life science, Inc. in the transaction. Senior Directors J.P. Plunkett and Cathy Minnerly and Associate Jason Bryer of Cushman & Wakefield represented the landlord, RREEF. Specifics of the lease were not disclosed.

Built in 1989, 175 Paramount Drive is a three-story, 27,278-square-foot building located within the Raynham Woods Corporate Center, a 300-acre industrial park conveniently located along Routes 44 and 24.

"175 Paramount Drive is an excellent fit for OMNI life science, Inc." said Lynch. "The Raynham Woods Commerce Center is a perfect location for their growing needs."

Acorn Plantscapes Signs 4,200-Square-Foot Warehouse Lease at 179 Bear Hill Road in Waltham, Massachusetts
June 13, 2007

Boston, Massachusetts — Acorn Plantscapes has executed a new 4,200-square-foot warehouse lease at 179 Bear Hill Road in Waltham, Massachusetts. Senior Vice President John A. Carroll III and Assistant Vice President Elias T. Demakes of Meredith & Grew represented the landlord, 179 Bear Hill Road, LLC in the transaction. Salesperson Ben Finnegan of Cushman & Wakefield represented Acorn Plantscapes. Specifics of the transaction were not disclosed.

179 Bear Hill Road is a 42,500-square-foot, single-story, office/industrial/flex building centrally located off of Route 128 at Exit 27. The building has excellent access to Route 2, Interstate 95 and the Massachusetts Turnpike.

Pulmatrix Inc. Signs 15,000-Square-Foot Lease at One Ledgemont Center in Lexington, Massachusetts
June 11, 2007

Boston, Massachusetts — Pulmatrix Inc., a pharmaceutical company developing proprietary inhalable aerosols that help control respiratory infectious diseases, has executed a new 15,000-square-foot lease to relocate its headquarters from Cambridge to One Ledgemont Center in Lexington, Massachusetts. Vice President Tucker L. Hansen of Meredith & Grew represented Pulmatrix in the transaction. Vice President Kimberly C. Roop of FHO Partners worked with Bob Doherty of The Beal Companies, the landlord. Specifics of the lease transaction were not disclosed.

Located in Lexington, Massachusetts, One Ledgemont Center is composed of five interconnected buildings, totaling 200,000 square feet. The office park is located adjacent to the intersection of Routes 2 and 128, on the edge of a 94-acre wooded conservation and wetlands preserve, offering a private, campus-like setting.

Voxware, Inc. Signs 7,632-Square-Foot Lease at 150 Cambridgepark Drive in Cambridge, Massachusetts
June 11, 2007

Boston, Massachusetts — Voxware, Inc., a leading supplier of voice-driven solutions for the logistics workforce, has executed a new 7,632-square-foot lease for its engineering center at 150 Cambridgepark Drive in Cambridge, Massachusetts. Vice President Tucker L. Hansen of Meredith & Grew represented Voxware in the transaction, working with Vice President John Osten of Jones Lang LaSalle who represented the landlord, JP Morgan Chase & Co. Specifics of the lease transaction were not disclosed.

Built in 1986, 150 Cambridgepark Drive is a ten-story, 252,180-square-foot Class A office building located in Cambridgepark, a three-building, master-planned office complex in the Alewife submarket. It is located at the intersection of Routes 2 and 16. Amenities include a conferencing facility, dry cleaner, fitness center, cafeteria and on-site property management as well as many nearby shops and restaurants.

Meredith & Grew Represents Boston Art Inc. in 9,200-Square-Foot Lease at 23 Drydock Avenue in Boston, Massachusetts
June 4, 2007

Boston, Massachusetts — Boston Art Inc., a leading corporate art consulting firm, recently executed a new 9,200-square-foot lease and relocated its offices to 23 Drydock Avenue, adjoining the Boston Design Center in Boston, Massachusetts. This new location features an industrial-style modern art gallery which offers an impressive myriad of artwork to the region's talented architects and interior designers. In addition to expanding its gallery and office by 3,000 square feet, Boston Art now houses a brand new state-of-the-art custom frame shop.

Assistant Vice Presidents Patrick M. Buckley and Jeff H. Gates of Meredith & Grew represented Boston Art in the transaction. Principal Jane Donnelly of K.C. Donnelly & Company represented the landlord, a joint venture between Millennium Partners and Cargo Ventures. Specifics of the lease transaction were not disclosed.

Meredith & Grew's Daniel R. Quinn Receives Counselor of Real Estate Designation
May 29, 2007

Boston, Massachusetts — Executive Vice President and head of Meredith & Grew's Development & Advisory Services Group, Daniel R. Quinn has received a Counselor of Real Estate designation. Membership in the organization is awarded by invitation only through peer, employer and client review. Mr. Quinn joins his Meredith & Grew colleagues Kevin C. Phelan and Robert P. LaPorte, Jr. as members of The Counselors of Real Estate, a membership organization established exclusively for real estate advisors who provide intelligent, unbiased, and trusted advice.

Mr. Quinn has over 25 years of development and advisory experience in the commercial real estate industry and began his career as an architect in New York City, working for Robert A. M. Stern and Edward Larrabee Barnes. After earning his MBA, he joined the Philadelphia-based real estate investment and development firm Radnor Advisors in 1980. Named president of the firm in 1992, he oversaw its operations and subsequent sale to Insignia/ESG, moving to Washington, DC in 2000. With Insignia's acquisition by CB Richard Ellis he became the head of CBRE's Mid-Atlantic Consulting Group before joining Meredith & Grew in 2005.

Mr. Quinn's primary areas of expertise are real estate consulting and development of large scale projects. He has managed the development of over 5 million square feet of office, lab, data center and retail space. He also has extensive experience in the areas of master planning, entitlement and land development. Mr. Quinn's development clients have included The Vanguard Group, Hewlett Packard, Samsung, Princeton University, Liberty Mutual Group, Fidelity Mutual Life, Wachovia Bank and private investors.

Over the course of his career, Mr. Quinn has provided advisory and consulting services to professional service firms, corporations and non-profits including healthcare, educational, religious and arts organizations. These services included a specialization in strategic real estate planning as well as feasibility studies, financial modeling, site searches and disposition of excess assets. He is a graduate of Amherst College and Columbia University's graduate schools of architecture and business.

"Dan Quinn is the perfect profile of a CRE - honest, thoughtful and experienced. We are proud to have him at Meredith & Grew," said Kevin Phelan.

Meredith & Grew Brokers Sale of Newport Office Park in Quincy, Massachusetts
May 29, 2007

Boston, Massachusetts — Meredith & Grew has successfully brokered the sale of Newport Office Park located at 108 Myrtle Street in Quincy, Massachusetts to a German investor client of New York-based Real Estate Capital Partners for $37 million. The transaction closed on April 5, 2007.

The Meredith & Grew team of Executive Vice Presidents Lisa M. Campoli and James L. Elcock and Vice President Nicholas M. Herz represented the owner, Boston Properties, LLP and procured the buyer.

Newport Office Park, located at 108 Myrtle Street, is a six-story, 172,000-square-foot, first-class office property within a convenient walk of the North Quincy MBTA rapid transit station. The building is 100% leased to Blue Cross Blue Shield of Massachusetts and has proven to be an integral component of Blue Cross' expanding South Shore campus. Newport Office Park enjoys a dramatic site on the banks of the Neponset River and strong visibility from I-93.

"Boston Properties opted to take advantage of strong demand from investors in today's market seeking stable income from a top quality tenant and long-term appreciation given the improving fundamentals in the Route 128 South submarket," said Campoli. "Real Estate Capital Partners recognized the strategic position Newport Office Park plays in Blue Cross Blue Shield's Quincy campus."

John F. Dolan III Joins Meredith & Grew as Associate in Suburban Brokerage Group
May 23, 2007

Boston, Massachusetts — John F. Dolan III has joined Meredith & Grew as an Associate, focusing on brokerage activities in the Route 128 Mass Pike market. Prior to joining the firm, Mr. Dolan was a New Business Development Manager at Cramer in Norwood, Massachusetts.

"John brings a diverse background and unique marketing experiences to Meredith & Grew," said James L. Elcock, Executive Vice President and Co-head of the Suburban Brokerage group. "We are very pleased to have him join our team."

Mr. Dolan earned a B.A. degree in History and is currently pursuing his M.B.A. from Providence College in Providence, Rhode Island. He is a resident of Scituate, Massachusetts.

Sofft Shoe Company Signs 37,079-Square-Foot Lease at Brickstone Square in Andover, Massachusetts
May 3, 2007

Boston, Massachusetts — Sofft Shoe Company has executed a 37,079-square-foot lease for its headquarters at Brickstone Square in Andover, Massachusetts. Senior Vice President Matthew J. Daniels and Associate Christopher E. Lawrence of Meredith & Grew represented the landlord, Transwestern Investment Company in the transaction. Senior Vice President Keith Gurtler and Associate Phil Geiger of Jones Lang LaSalle represented Sofft Shoe. Specifics of the lease transaction were not disclosed.

Brickstone Square is a signature suburban business center with three first-class office and R&D buildings, totaling approximately one million square feet, in an attractive campus setting. Amenities include a 3,000+ space parking facility, a 564-seat cafeteria, a fitness center, a Bright Horizons Family Solutions day care, 24/7 security, volleyball courts and on-site property management. Located near the Route 495 and 125 interchange in Andover, Massachusetts, Brickstone Square is easily accessible from Routes 114, 133 and 125. Its buildings are within minutes of Andover's MBTA Commuter Rail Station and Andover Center.

"This was a strong transaction for both the Landlord and the Tenant," said Lawrence. "Brickstone Square's ownership secured a long-term transaction with an excellent credit tenant while Sofft Shoe solidified a new corporate headquarters in a Class A office facility. Brickstone Square provides immediate access to Route 495 and a wide array of amenities making it a great fit for Sofft Shoe's employee base in their relocation from Southern New Hampshire."

Meredith & Grew's Jacquelynn E. Henke Appointed to United States Green Building Council Chapter Steering Committee
April 24, 2007

Boston, Massachusetts — Assistant Vice President Jacquelynn E. Henke of Meredith & Grew's Development & Advisory Services group has been appointed to the United States Green Building Council (USGBC) Chapter Steering Committee, the nation's leading sustainable building advocacy and policymaking organization.

At Meredith & Grew, Ms. Henke focuses on assisting clients throughout the pre-construction and construction phases of projects with matters related to value engineering, design management, procurement strategies, evaluation of sustainable design elements and LEED® (Leadership in Energy and Environmental Design) certification, and overall project management. She is a LEED® v2.0 Accredited Professional and has advised many clients on strategies to incorporate sustainable building technologies and practices into large-scale projects.

Ms. Henke is also an active member in the Urban Land Institute (ULI), New England Women in Real Estate (NEWIRE) and the Greater Boston Chamber of Commerce.

"Recognition of the environmental benefits of sustainable design and construction has been apparent for some time," said Daniel R. Quinn, Executive Vice President and head of the Development & Advisory Services group. "It is only recently that the corporate, investment and marketing sectors have come to realize its value with their customers. In Jackie's case she was early to the game and her election to the USGBC's Chapter Steering Committee is as a great way for her to help Meredith & Grew clients address this important aspect of development."

Meredith & Grew Represents Granahan Management Investment, Inc. in 7,867-Square-Foot Lease at 275 Wyman Street in Waltham, Massachusetts
April 23, 2007

Boston, Massachusetts — Granahan Management Investment, Inc. has executed a 7,867-square-foot lease at 275 Wyman Street in Waltham, Massachusetts.

Executive Vice President James L. Elcock of Meredith & Grew represented Granahan Management Investment, Inc. in the transaction. Managing Director Charles E. Batchelder Wyman Street Advisors represented the landlord, Hobbs Brook Office Park Management. Specifics of the lease were not disclosed.

Built in 1963 and renovated in 1985, 275 Wyman Street is an 80,000-square-foot, three-story, Class A office building located adjacent to Route 128 within the Hobbs Brook Office Park in Waltham, Massachusetts. Amenities include on-site management, fitness center and food service.

"Meredith & Grew has worked with Granahan Management Investment, Inc. for over 15 years on various assignments," said Elcock. "The Hobbs Brook Office Park location is a perfect fit for their growing needs."

Meredith & Grew Announces Annual Promotions
April 2, 2007

Boston, Massachusetts — Meredith & Grew is pleased to announce the promotion and appointment of a new shareholder in the firm. This announcement was made following the company's Board of Directors' meeting on March 27, 2007.

Yanni K. Tsipis, a senior member of the firm's Development & Advisory Services Group, was promoted to Senior Vice President and will become a Shareholder in the firm. Mr. Tsipis joined the company in 2001 and is a graduate of the Massachusetts Institute of Technology.

Additionally, the company approved and announced the following promotions:

Dante Angelucci, Senior Vice President, Development & Advisory Services
Mary Sullivan Kelly, Senior Vice President, Marketing & Research
Patrick J. Paladino, Jr., Senior Vice President, Brokerage Group
Thomas F. Welch, Senior Vice President, Capital Markets
Tucker L. Hansen, Vice President, Brokerage Group
Nicholas M. Herz, Vice President, Investment Sales
Michelle S. Mugg, Vice President, Marketing & Research
Seth I. Rosen, Vice President, Capital Markets
Joseph J. Crowley, Assistant Vice President, Brokerage Group
Suzanne L. Duca, Assistant Vice President, Marketing & Research
Jeffrey H. Gates, Assistant Vice President, Brokerage Group

"All of these individuals are proven leaders who have made significant contributions to Meredith & Grew. We are pleased to recognize their hard work and efforts," said Thomas J. Hynes, Jr., President.

Meredith & Grew & CB Richard Ellis/New England Arrange Three Lease Renewals Totaling 56,726 Square Feet at 101 Arch Street in Boston, Massachusetts
April 2, 2007

Boston, Massachusetts — Meredith & Grew represented the Automobile Insurers Bureau, the Insurance Fraud Bureau and The Workers' Compensation Rating and Inspection Bureau of Massachusetts in three lease renewals totaling 56,726 square feet at 101 Arch Street in Boston, Massachusetts.

Executive Vice President Ronald K. Perry, Senior Vice President Francis X. Durand and Assistant Vice President Patrick M. Buckley of Meredith & Grew's Boston Brokerage group worked with Senior Vice President Andrew J. Maher and Vice President Peter A. Conlin of CB Richard Ellis/New England who represented the landlord, ING Clarion, in the transactions. Details of the specific leases were not disclosed.

The Automobile Insurers Bureau and the Insurance Fraud Bureau renewed their headquarters leases for 18,608 and 15,338 square feet, respectively. The Workers' Compensation Rating and Inspection Bureau renewed its 22,780-square-foot headquarters lease.

Built in 1988, 101 Arch Street is a 407,172-square-foot, 21-story, Class A office tower in Boston, Massachusetts. It is well located in the Downtown Crossing area and is adjacent to Boston's retail and financial districts. Amenities include 24-hour security, food service, on-site management and a MBTA stop on the concourse level.

Meredith & Grew Represents BioDefense Corporation in 32,500-Square-Foot Lease at 12 Channel Street in Boston, Massachusetts
April 2, 2007

Boston, Massachusetts — BioDefense Corporation has executed a new 32,500-square-foot lease to relocate from Lexington, Massachusetts and expand its headquarters by 15,000 square feet to 12 Channel Street in Boston, Massachusetts. Specifics of the lease transaction were not disclosed.

Meredith & Grew Associate Robert B. Kinlin, Jr. and Senior Vice President John A. Carroll III represented BioDefense Corporation in the transaction, working with the Economic Development & Industrial Corporation (EDIC), the landlord. Through the EDIC, the Boston Redevelopment Authority provides various tools and services to support the needs of entrepreneurs, industrial services and workforce development.

Built in 1941 and renovated in 1994, 12 Channel Street is a 297,025-square-foot, nine-story, warehouse located in Boston's 3.1-million-square-foot Marine Industrial Park. The City of Boston purchased the 191-acre site in 1977 and converted the former waterfront military base into the largest industrial park in Massachusetts. The park is 95% occupied. Major tenants include Advanced Electronics, Inc., Au Bon Pain World HQ, Harpoon Brewery, Boston Freight Terminals, Northcoast Seafoods, Coastal Cement, Boston Thermo King, McDonald Steel and New Boston Seafood.

"12 Channel Street is an excellent fit for BioDefense Corporation as it continues to expand its business," said Kinlin. "Both Mayor Menino and the BRA staff have been terrific to work with from start to finish. This was a win-win for all parties involved."

Meredith & Grew Appointed Exclusive Leasing Agent for 300 Ledgewood Place in Rockland, Massachusetts
March 13, 2007

Boston, Massachusetts — Meredith & Grew has been appointed the exclusive leasing agent for 300 Ledgewood Place in Rockland, Massachusetts. Executive Vice President James L. Elcock and Associate David B. Goodhue will market this property on behalf of the building's owner, F.P. Giglio Enterprises.

Upon completion in late 2007, 300 Ledgewood Place will consist of 39,000 square feet of first-class office space. This three-story, multi-tenant building, located within the campus setting of Ledgewood Office Park, will provide office suites ranging in size from 1,500 square feet to 13,000 square feet. Building amenities include a dramatic two-story atrium, on-site ownership and management, ample parking, public transportation, convenient highway access, all in a beautifully landscaped campus setting. There are also numerous amenities nearby, including restaurants, shopping centers, banking, and public transportation.

"We are eager to work with F.P. Giglio Enterprises on this new assignment," said Elcock. "We anticipate a lot of interest in this building and look forward to bringing quality tenants to the park."

"Building 300 is the third and last office building to be constructed at Ledgewood Place. The existing two buildings total 50,000 square feet and have maintained an occupancy rate above 97%. We are approaching 300,000 square feet of office space in our portfolio, and feel our properties are well positioned to meet the requirements and demands of the strengthening office market," said Frank Giglio, President of F.P. Giglio Enterprises.

Meredith & Grew Represents Papa Gino's Holdings Corp. in 39,083-Square-Foot Renewal at 600 Providence Highway in Dedham, Massachusetts
March 13, 2007

Boston, Massachusetts — Papa Gino's Holdings Corp. has renewed its 39,083-square-foot lease for its headquarters locations at 600 Providence Highway in Dedham, Massachusetts. Senior Vice President John A. Carroll III and Assistant Vice President Elias T. Demakes of Meredith & Grew represented Papa Gino's in the transaction, working directly with the landlord, 71 Summer Street Realty Trust. Specifics of the lease transaction were not disclosed. Built in 1988, 600 Providence Highway is a 100,000-square-foot, two-story office/retail complex situated in an amenity rich area on Route 1 in Dedham, Massachusetts.

"The extension option provided Papa Gino's the opportunity to secure a long-term home with the ability to accommodate future growth," said Carroll.

Meredith & Grew Appointed Exclusive Leasing Agent for Dedham Executive Center in Dedham, Massachusetts
March 8, 2007

Boston, Massachusetts — Meredith & Grew Appointed Exclusive Leasing Agent for Dedham Executive Center in Dedham, Massachusetts

Dedham Executive Center is an 180,000-square-foot, three-story, Class A office building located at 980-990 Washington Street in Dedham, Massachusetts, at the intersection of Routes 128 and 1. Three MBTA commuter rail stations and the University Avenue Amtrak Station are within a five-minute drive of the property. Amenities include an under-building parking garage, conferencing facility, food service and on-site management. There are also numerous area amenities including hotels, restaurants, banks, shopping centers and daycare facilities within a three-mile radius.

"We are excited to be working with Everest on this assignment," said Elcock. "The building has 62,565 square feet of availability which can be subdivided, making it a great opportunity for small and mid-sized tenants."

"This is a great addition to our growing portfolio, with fantastic highway exposure, location and space flexibility," said Bob Macnamara, Everest's Director of Asset Management. "We plan to spend $5 million in 2007 on infrastructure upgrades and tenant improvements for our corporate tenants, including adding a gym."

Meredith & Grew Represents Realty Financial Partners in 7,675-Square-Foot Lease at 40 William Street in Wellesley, Massachusetts
March 6, 2007

Boston, Massachusetts — Meredith & Grew Represents Realty Financial Partners in 7,675-Square-Foot Lease at 40 William Street in Wellesley, Massachusetts

Boston, Massachusetts — Realty Financial Partners has executed a 7,675- square-foot lease to relocate its headquarters to 40 William Street in Wellesley, Massachusetts. Senior Vice President John E. Butterworth of Meredith & Grew represented Realty Financial Partners in the transactions, working with Managing Director of Leasing J. Duncan Gratton of Equity Office Properties Trust, the landlord. Specifics of the lease transaction were not disclosed.

Built in 1970, 40 William Street is a 71,904-square-foot, four-story, Class A office building located on the 22-acre Wellesley Office Park in Wellesley, Massachusetts. The park is twelve miles west of Boston at the junction of Routes 9 and 128 and is minutes from the Massachusetts Turnpike interchange. Amenities include 24/7 building access, banking, fitness center, food service, free parking and on-site management.

Michael J. Zieja Joins Meredith & Grew as Associate in Suburban Brokerage Group
March 5, 2007

Boston, Massachusetts — Michael J. Zieja has joined Meredith & Grew as an Associate, focusing on brokerage activities in the Route 3/Route 93 market.

Prior to joining the firm, Mr. Zieja was an Associate on the suburban brokerage team at GVA Thompson Doyle Hennessey & Stevens. He also worked as a General Agent with American Income Life.

"Mike brings a great background and experience to Meredith & Grew," said James L. Elcock, Executive Vice President and Co-head of the Suburban Brokerage group. "We are very pleased to have him join Meredith & Grew and think his work ethic and determination will be a driving factor in our firm's continued success."

Mr. Zieja is a graduate of Saint Anselm College in Manchester, New Hampshire where he earned a B.A. degree in Business.

Meredith & Grew Secures $60 Million Refinancing for Constitution Plaza in Hartford, Connecticut
February 28, 2007

Boston, Massachusetts — Meredith & Grew has secured a $60 million refinancing for Constitution Plaza in Hartford, Connecticut. Executive Vice President Kevin C. Phelan and Assistant Vice President Seth I. Rosen represented Capital Properties, the borrower in the transaction. The lender was MetLife, Inc. The five-year, fixed-rate loan closed in December 2006 and included several years of par prepayment, at a rate below 6.00 percent.

Constitution Plaza is a four-building landmark property comprised of two Class A office towers and two low-rise buildings located in downtown Hartford, Connecticut. It is situated on an eight-acre, award winning landscaped urban plaza with an attached 1,650-space parking facility. The property has been completely redeveloped through extensive base building upgrades, stylish common area refurbishment and the addition of restaurant amenities including the critically acclaimed Spris Restaurant.

"Constitution Plaza is an exceptional asset located in a challenging office market," said Phelan.

"MetLife took the time to understand the intrinsic value of the real estate, and the cash-flow benefits of the parking facility. They provided a flexible structure that fit nicely with Capital Properties strategic plan for the asset." said Rosen.

Meredith & Grew Represents The O'Connell Insurance Group in Lease at Seaport Center in Boston, Massachusetts
February 27, 2007

Boston, Massachusetts — The O'Connell Insurance Group has executed a 2,500-square-foot lease to relocate its headquarters to Seaport Center, located at 451 D Street in Boston, Massachusetts. Senior Vice President John E. Butterworth of Meredith & Grew represented O'Connell in the transaction, working with Vice Presidents Stephen N. Faber and Bob Doherty of The Beal Companies, LLP, the landlord. Specifics of the lease transaction were not disclosed.

Built in 1910 and renovated in 1999, Seaport Center is a 479-938-square-foot, nine-story, office building located at 451 D Street in Boston, Massachusetts. The building has an excellent location on the waterfront within close proximity to the Financial District and is located across the street from the Boston Convention Center. Amenities include access to the Massachusetts Bay Transportation Authority's Silver Line, food service and on-site management.

"A move of this magnitude for our company had the potential to be a burden and stressful," said Executive Vice President Keith D. O'Connell of The O'Connell Insurance Group. The help in the lease negotiations by John E. Butterworth of Meredith & Grew, and the accommodating practice of The Beal Company couldn't have made the transition any easier. We are excited to be in the Seaport Center, a building with a great management team in an area that is on the move.

Meredith & Grew Represents VideoLink, Inc. in 17,000-Square-Foot Lease in Newton, Massachusetts
February 8, 2007

Boston, Massachusetts — VideoLink, Inc. has executed a 17,000-square-foot lease which will relocate its headquarters from Watertown, Massachusetts to 1230 Washington Street in Newton, Massachusetts. Senior Vice President John E. Butterworth represented VideoLink in the transaction, working with Associate Vice President Daniel W. Krysiak of Grubb & Ellis who represented the landlord, Davis Marcus Partners. Specifics of the lease transaction were not disclosed. Built in 1983, 1230 Washington Street is a two-story, 17,000-square-foot single-tenant office building located Newton, Massachusetts.

National Union Fire Insurance Leases 87,815 Square Feet at 99 High Street in Boston, Massachusetts
January 25, 2007

Boston, Massachusetts — National Union Fire Insurance Company of Pittsburgh, Pa, a subsidiary of American International Group, Inc., a global insurance and financial services company, has executed an 87,815-square-foot lease at 99 High Street, a 730,000-square-foot signature first class office building on the corner of High and Congress Streets in Boston. The space is comprised of the 28th - 31st floors.

Meredith & Grew Executive Vice President Ronald K. Perry, Senior Vice President Francis X. Durand and Vice President Lawrence T. Epstein represented the tenant, National Union Fire Insurance. Jones Lang LaSalle Managing Director Bill Barrack and Vice President Ben Heller represented landlord TIAA-CREF in the transaction.

Plans for an extensive capital improvements program at the building will be unveiled soon. The completely upgraded building overlooks the Emerald Necklace, 30 acres of parks and green space in downtown Boston. Distinctive features include: panoramic water and skyline views; a newly appointed main lobby of marbles and Australian lacewood; a flexible office layout; efficient floor plates of 25,000 square feet; state-of-the-art telephone and data capabilities; enhanced electrical; and parking within the building.

99 High Street possesses the core strength of a superior, advanced infrastructure, with the vision and commitment of a proactive owner in TIAA-CREF, said William P. Barrack, Managing Director of Jones Lang LaSalle. We are pleased to have National Union Fire Insurance as a major tenant in this signature tower. It is virtually a new building inside with a bird's eye view of Boston's future. Jones Lang LaSalle has completed over 320,000 square feet of leasing in the building in the last five years.

Working with Barrack on the office leasing is Vice President Ben Heller. The management team is comprised of Senior Vice President Dan Ozelius and Vice President Heather Thompson. Jones Lang LaSalle Managing Director Mark David oversees all construction activities. Dyer Brown is the base building architect.

99 High Street is currently 92% leased. Other tenants include: Adams Harkness, NASD, KPMG and AON.

Located a block from the harbor and Post Office Square in the Financial District, 99 High Street has direct access to the depressed Central Artery, Mass Pike, and I-93. It is two blocks from South Station, and the MBTA and commuter rail lines serving the south markets with AMTRAK connections to New York and Washington, DC.

New Boston Fund and Meredith & Grew Announce Sale of 10 Fawcett Street in Cambridge, Massachusetts to Synergy
January 23, 2007

Boston, Massachusetts — New Boston Fund Inc., a real estate investment, development and management firm, recently announced the sale of 10 Fawcett Street to Synergy. Meredith & Grew represented New Boston Fund, Inc. in the transaction and procured the buyer, Synergy. Specifics of the transaction were not disclosed.

This property has been a part of the New Boston family of assets for the past ten years, and has been a solid and consistent performer, says Jon Gillman, Senior Vice President of Asset Management for New Boston Fund. The Alewife submarket is strong and we believe it will continue to perform very well. We look forward to working with Synergy through our continued management of the property and we thank Synergy and Meredith & Grew for the ease with which this transaction was executed.

We are very excited to begin the year with the acquisition of 10 Fawcett, and look forward to expanding our portfolio in 2007, said David Greaney, President of Synergy.

Constructed in 1985, 10 Fawcett Street is a first-class 130,304-square-foot, six-story office building located in the heart of the Alewife submarket in Cambridge, Massachusetts. The building features an on-site caf, refurbished common areas and 287 parking spaces, 244 of which are structured including 46 garage spaces. It is easily accessible from Boston, Route 2, and the Massachusetts Turnpike and is a half mile from the Alewife MBTA station, providing subway, bus service and a 2,595-car parking facility. The property is adjacent to the 315-acre Fresh Pond Reservation which includes a nine-hole golf course and a three-mile trail network. The area is serviced by numerous restaurants, hotels and retail amenities.

Meredith & Grew Appointed Exclusive Leasing Agent for 300 Baker Avenue in Concord, Massachusetts
January 23, 2007

Boston, Massachusetts — Raymond Trevisan, a Principal of Normandy Real Estate Partners, announced the appointment of Meredith & Grew as the exclusive leasing agent for 300 Baker Avenue in Concord, Massachusetts. Senior Vice Presidents Matthew J. Daniels and John A. Carroll III and Associate Robert B. Kinlin, Jr. will market this property on behalf of the building's new owner, Normandy Real Estate Partners.

300 Baker Avenue is a 422,674-square-foot, three-story office building located on Route 2 in Concord, Massachusetts in close proximity to some of Boston's most desirable residential communities. Completely renovated in 1998, with an additional $2.2 million of building upgrades since 2004, the building offers an award winning corporate cafeteria, professionally equipped fitness center, building conference center and generous parking. 300 Baker Avenue is easily accessible, just six miles from Route 128, seven miles from Route 495 and approximately 20 miles west of Boston. In addition to the on-site amenity package, the building is one half mile from the Massachusetts Bay Transportation Authority commuter rail station, hotels, restaurants and retail shops of West Concord Center. High quality existing tenants include Solidworks Corporation, Earth Tech, The RETEC Group, Inc., Oxford Instruments America, Inc. and Real Time Visualization.

We are excited to be working with Normandy on this landmark assignment, said Daniels. The building has 132,000 square feet of availability which can be subdivided, making it a great opportunity for large and mid-sized tenants. Given the lack of quality large blocks of space, we know 300 Baker Avenue will be well received in an improving marketplace.

Meredith & Grew Represents VersaCold Logistics for Sublease
at 295 Constitution Drive in Taunton, Massachusetts
January 19, 2007

Boston, Massachusetts — VersaCold Logistics LLC, a refrigerated logistics services organization, has executed a new 9,746-square-foot sublease at 295 Constitution Drive in Taunton, Massachusetts. Executive Vice President James L. Elcock and Associate William C. Lynch of Meredith & Grew represented the sublandlord, HP Hood, LLC and procured VersaCold Logistics in the transaction. Specifics of the lease were not disclosed.

295 Constitution Drive is a two-story 9,746-square-foot building originally designed and built for HP Hood in 2001. Located within the Myles Standish Industrial Park, the site offers easy access to Routes 495 and 24.

This is a great location to assist our current operations and maintain our high standard of quality to our customers, said VersaCold Logistics Business Development Manager, Ken Call. We were very impressed with Meredith & Grew's teamwork and ability to go the extra mile on this assignment.