M
arcus Partners reports securing over 236,000 square feet of new leases in its Metro Boston industrial and logistics holdings, underscoring demand for modern spaces. In Bellingham, the firm closed a full‑building lease of 124,000 square feet at 206 Mechanic Street with New England Appliance Group, filling the recently completed property. In Andover, two long‑term tenants signed on at 4 Executive Place, a 168,000‑square‑foot complex: Red Thread will occupy 96,000 square feet, and PEAK Events 16,000 square feet. “These results demonstrate our disciplined delivery of assets that align with tenant needs,” said Mike Ferrucci, SVP Asset Management. Building on momentum, Marcus Partners acquired 2 Commerce Drive in Tyngsborough and began constructing the first phase of a 400,000‑square‑foot, two‑building project—125,000 and 275,000 square feet of logistics space. The moves reinforce the firm’s commitment to high‑quality industrial properties in prime metro locations, strengthening its presence in Greater Boston’s competitive logistics market.