WEST SPRINGFIELD, MASSACHUSETTS (June 22, 2021) – Colebrook Realty Services, Inc. is pleased to announce the lease of 27,000 square-feet to MilliporeSigma located at 11 Interstate Drive, West Springfield MA. The agreement between MilliporeSigma and Klondike Investment Group, Inc. will provide the life sciences company with a new home in the region and represents a strong addition to the former ITT Exelis building.
The life science business of Merck KGaA operates as MilliporeSigma in the United States. As of 2015, the global company has a broad portfolio of 300,000 life science products along with approximately 19,000 employees, and 65 manufacturing sites globally.
11 Interstate Drive was purchased in 2018 at auction following several years of vacancy after ITT Exelis announced the shutdown of its operations in West Springfield back in 2013. The new ownership group has worked hard to reposition the important building at the intersection of I-91 and I-90. “The property is very well located and we’re making substantial reinvestments at the building,” said the owner, Bill Stotler. Work has already begun to deliver Millipore’s new space, and capital improvements to the property will continue to position the building as an ideal spot for innovative businesses in the area in need of office, lab, or flex space.
MilliporeSigma was represented by Christopher Cuddy, Executive Vice president, and Matthew Davis, Commercial Real Estate Advisor, of Colliers. Colebrook’s Vice President and Principal, Mitch Bolotin, represented the landlord in the transaction. “We’re very excited to have Millipore as a tenant at the property,” said Mitch, “They’re an ideal organization to anchor the repositioning of this important building for West Springfield.” Any questions related to the deal should be directed to Mitch who can be reached at 413-781-0066 or via email: firstname.lastname@example.org.
About Colebrook Realty Services, Inc.
Established in 1973 as the real estate arm of SIS Bank (now TD Bank), Colebrook has been independently owned since 1988. The firm’s emphasis over the past decade has been on leveraging its development and ownership experience to its client services practice, including landlord and tenant representation. Colebrook has more than 40 employees serving a wide variety of institutional, corporate and individual clients throughout Western New England and Northern Connecticut. Based in Springfield, Massachusetts, the firm is licensed in Massachusetts, Connecticut and New York.
Colebrook specializes in commercial real estate in the Greater Springfield, Massachusetts marketplace and offers its clients thoughtful solutions to real estate problems based on decades of experience and relationships. Colebrook strides to equip everyone they work with in Western Massachusetts and Northern Connecticut with their nearly 40 years of knowledge about negotiating real estate transactions. Their approach centers on working closely with people and listening to what their goals are. Whether you are a tenant, have property for sale or lease, or are looking to find a suitable property and could benefit from some guidance on the commercial real estate market, we encourage you to contact us.