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June 26, 2007

FedEx renews Beeman Road lease

FedEx SmartPost Inc. has renewed its 180,200-square-foot lease at One Beeman Road in Northborough.

The property's landlord is MM Industrial Beeman Road LLC. MM Industrial was represented by Richards Barry Joyce & Partners.

The building is a 342,900-square-foot warehouse and distribution building. The facility offers high ceilings and provides active rail access.

FedEx SmartPost uses the building as a warehouse and distribution facility. FedEx SmartPost, part of FedEx Corp., specializes in the consolidation and delivery of high volumes of low-weight, less time sensitive business-to-consumer packages using the United States Postal Service for final delivery to residences.

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