January 14, 2021
SVN | Parsons Commercial Group | Boston has secured a 37,800-square-foot lease renewal for IEP Technologies at 417 South Street in Marlborough, a 145,600-square-foot, flex and R&D building located directly off Route 85.
IEP Technologies is a worldwide provider of explosion protection systems and services and was the first tenant to occupy the building in 2014.
417 South Street was purchased in 2019 by Berkeley Partners, an investment firm based in Dallas that focuses primarily on light industrial real estate. Garrett Quinn and Matt Quinlan of SVN | Parsons Commercial represented the tenant in the transaction. Berkeley Partners was represented by Rachel Marks of CBRE.
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