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Boston & New England  + Metro Boston  + Healthcare  | 
240 Main Street in Groton, MA

Avison Young Arranges 12K-SF Retail Lease with Emerson Hospital in Groton

Avison Young’s Boston office has arranged a new 12,000-square-foot lease at 240 Main Street in Groton, MA with Emerson Hospital.

Avison Young’s Boston-based principal Jeffrey Arsenault represented ownership, Kilbourne Place, LLC, in the negotiations. Emerson Hospital was represented by Steve Cook at JLL.

Avison Young’s construction management group has been retained by ownership and tenant to upgrade the former retail asset to include an X-ray room, blood collection lab, exam rooms, treatment rooms, equipment storage, staff lounge and lockers, offices and waiting rooms.

“Having previously served as a local grocery store, 240 Main Street was strategically repositioned by ownership and local stakeholders to serve as a traditional retail space designed to enhance the community and appeal to a diverse range of users, including first-class healthcare tenants,” said Arsenault. “The building’s lease with Emerson Hospital signifies the growing trend in the healthcare industry to provide services in a more traditional retail setting.”

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Avison Young's Arsenault

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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