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Three New Tenants Move To Carlisle Commerce Center

May 2, 2014 | Reprints | Print

NAI Hunneman has completed the 100 percent lease-up of Carlisle Commerce Center in Wilmington.

Carlisle Commerce Center is a 265,300-square-foot flex and R&D campus at 220 Ballardvale St. NAI Hunneman’s advisory service team completed 70,000 square feet of transactions in six months.

New leases include 8,000 square feet by Millwork Assoc., 18,000 square feet by Dynamex and 9,000 square feet by Piece Management. In addition, EcoLab, Dish Network and Applied Industrial Technologies signed lease renewals.

Executive Vice President Michael McCarthy and associate Jason Rexinis were the primary brokers on the assignment for landlord Carlisle Capital Corp.

Vacancy rates in the I-495 North flex/industrial market are currently 23.6 percent, according to NAI Hunneman.

Commercial