NORTH SHORE MEDICAL CENTER LLC TO EXPAND FOOTPRINT AS IT RENEWS LEASE IN CENTENNIAL PARK, PEABODY

Peabody MA – Combined Properties, Inc. is pleased to announce that North Shore Medical Center, has renewed their 16,600 SF lease at Two Corporation Way in Centennial Park, Peabody, and additionally expanded in 2nd floor contiguous space above them at 10,634 SF, bringing their total new square footage to 27,234 SF.

 

“Two Corporation Way, one of six properties in our Peabody portfolio, is an excellent fit for North Shore Medical Center,” said said Greg Regazzini, Senior Vice President and Director of leasing for Combined Properties. “The Centennial Park area is a hub for many industry leaders including Analogic, Boston Children’s at Peabody, Cardinal Health, and New England Orthopedic Specialists. North Shore Medical Center is right at home in the park.”

 

“The City of Peabody has done a great job of revitalizing Centennial Park by allowing the park’s zoning to include retail sales and service. When a business entity makes a real estate decision, they don’t only look at the bricks and mortar but also seek a variety of amenities for their employees and clients. The zoning changes in the park have paid dividends as an array of retail businesses have opened. This has enhanced the park’s appeal to companies seeking great space and a solid mix of amenities.”

 

Centennial Park is strategically located at the crossroads of Route 128, I-95 and Route 1, and is only 17 miles to Boston and Logan International Airport. Directly off exit 28 on Route 128, the north shore
business park offers outstanding convenience for exceptional value.

 

Combined Properties, Inc. is a full-service investment and development real estate firm specializing in first-class office, R&D, industrial, retail, medical, and multi-family residential properties in communities north of Boston. The Malden-based firm has purchased, developed, and managed more than 3 million square feet of space. With in-house experts in planning, permitting, development, architecture, financing, construction, leasing, and property management, our professionals work as a team to provide complete real estate solutions. To learn more about the firm’s comprehensive scope of services and how it is creating better places to live and work, please visit www.combinedproperties.com

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