September 9-15, 2005
NEW ENGLAND
REAL ESTATE JOURNAL
CHRUPCALA REPS. TENANT;
1.1 MILLION S/F FACILITY OWNED BY TAURUS HOLDINGS
Malloy of Lincoln Property Co. leases 240,248 s/f to Draka Cableteq
North Dighton, MA Drakak Cableteq USA, Inc. has signed a lease for 240,248 s/f of manufacturing space at 620 Spring St. The fifteen-year lease, which is set to commence this month, has a value of more than $15 million. Taurus Holdings of New England is the owner of the 1.1 million s/f manufacturing/distribution building.
Kevin Malloy, senior vice president at Lincoln Property Company, was the sole broker.
John Chrupcala, president of Draka Comteq, handled negotiations on behalf of the tenant. Mark Donahue of Taurus is the asset manager for the property.
Draka Holding N.V. is the holding company of a number of operating companies, which are engaged worldwide in the development, production and sale of cable and cable systems. Headquartered Amsterdam, Draka Holding has 67 operating companies, more than 25 production facilities and over 9,250 employees in Europe, North and South America and Asia.
In New England, Lincoln Prop. manages and leases over 7 million s/f of office space.
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