Dedham, MA – Delta Projects has expanded its footprint to just under 25,000 square feet while simultaneously extending its current lease at 118 Allied Drive in Dedham, MA.
Five years after relocating from its longtime HQ in Needham, Delta Projects nearly doubled its current square footage in taking an additional 9,000 square feet of office space. Adam Meixner and Jeremy Freid of Boston Realty Advisors’ suburban team, were able to successfully negotiate a 7 year lease extension for Delta Projects. Despite having two (2) years left on the existing lease, Meixner and Freid were able to create a substantial amount of leverage that was used in the negotiations with the Landlord to deliver a below market deal for the Tenant.
Delta Projects, Inc is a non-profit organization that was founded in 1976 providing an array of supports for adults with intellectual disabilities and other developmental disabilities. They are funded by the Department of Developmental Services, donations and fundraising activities. While recognizing and respecting individual preferences and aspirations, DPI fosters the achievement of safe, healthy and self directed lifestyles for all individuals, regardless of disability or other challenges.
Meixner and Freid represented Delta Projects while the Ownership was self represented in the transaction.
About Boston Realty Advisors’ Central 95/Mass Pike Team:
The Central 95/Mass Pike team’s primary focus is in the leasing and sales of Commercial Real Estate in the Western Suburban Market. Their success and expertise within this market has established them as one of the most prestigious and well known brokerage teams in the area. Over the last decade, the team has consistently ranked amongst the top performers in this sub-market for lease and sales transactions. What differentiates the Suburban Team from its competition is their hyper focus on a highly targeted geographic submarket, asset class, and deal size which has enabled them to develop a much deeper knowledgebase and cultivate powerful relationships.Tags: Adam Meixner, Jeremy Freid, Suburban Office, Tenant Representation