Brookwood Welcomes Thermo Fisher Scientific and ITG Logistics to 300 Jubilee Drive Business Wire BEVERLY, Mass. -- July 19, 2013 Brookwood Financial Partners, LLC (“Brookwood”), a leading real estate investment and asset management company, announced today that it has recently executed two new leases totaling 91,907 square feet at its 300 Jubilee Drive property located in Peabody, Massachusetts. A division of Thermo Fisher Scientific (“Thermo Scientific”) has entered into a 10-year lease for 56,600 square feet, and International Transportation Group (“ITG”) has entered into a five-year lease for 35,307 square feet. 300 Jubilee was previously the corporate headquarters of Boston Acoustics. Brookwood acquired the property at the end of 2009, and as part of the acquisition, entered into a two-year lease with Boston Acoustics for the entire building. The property is located in Centennial Park, directly off Route 128 and within a quarter mile from the I-95 and Route 128 interchange. “We are thrilled to have both Thermo Scientific and ITG as new tenants in our 300 Jubilee property,” stated Elizabeth Sarni, Brookwood’s Northeast Region Asset Manager. “We have a number of other groups interested in this building because of our ability to offer quality office and warehouse space ranging from 10,000 to 72,000 square feet. Given that the building was acquired during the depths of the recession at a deep discount to replacement cost, we can offer very competitive leasing packages to prospective tenants.” Listing brokers for 300 Jubilee Drive are Matt Daniels, Chris Decemberle and Andrew Whipple with Jones Lang LaSalle. Thermo Scientific was represented by Hank Amabile with Newmark Grubb Knight Frank and ITG was represented by Greg Klemmer with Colliers International. About Brookwood Financial Partners, LLC– Brookwood is a Massachusetts-based private equity firm that acquires real estate and invests in private companies. Since 1993, Brookwood has acquired 122 properties totaling over 11 million square feet of office, retail, flex and research & development space as well as 143 hotel rooms, 138 condominium units, 572 apartment units and 1,360 residential building lots. Brookwood has acquired real estate throughout the United States including in Arizona, California, Colorado, Florida, Georgia, Maine, Maryland, Massachusetts, New Jersey, North Carolina, Rhode Island, Texas and Virginia. In addition, Brookwood has invested in private companies in the wireless communications, restaurant, software and outsourcing industries. Brookwood has invested over $529 million in equity to acquire assets with a realized and unrealized value of over $1.4 billion. About Thermo Fisher Scientific Inc., – Thermo Scientific is the world leader in serving science. Their mission is to enable their customers to make the world healthier, cleaner and safer. With revenues of $13 billion, they have approximately 39,000 employees and serve customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as in environmental and process control industries. They create value for stakeholders through three premier brands, Thermo Scientific, Fisher Scientific and Unity™ Lab Services, which offer a unique combination of innovative technologies, convenient purchasing options and a single solution for laboratory operations management. Their products and services help customers solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. About ITG Global Logistics – ITG is a renowned and competent logistics services provider that stands out for its extensive product portfolio. They offer made-to-measure logistics solutions that precisely meet customers' specific needs and requirements. As a full service logistics specialist they cover transport, warehousing and consignment sales combined with comprehensive value-added and supplementary services in all areas of modern procurement, contracting and distribution logistics. International transports via air freight, ocean freight and land transport on trucks as well as customs clearance make up the core activities of the ITG Freight Forwarding division. The sectionITG Logistics + Distributionis a partner for contract logistics, outsourcing and supply chain management. Contact: Brookwood Jayne M. Rice, 978-927-8300 email@example.com
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Brookwood Welcomes Thermo Fisher Scientific and ITG Logistics to 300 Jubilee Drive
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