Avison Young has arranged 56,250 square feet in new industrial lease deals at 753 Forest Street in Marlborough. The new leases bring the property’s occupancy level to 100%. 

Built in 1986, 753 Forest Street is a 75,000-square-foot property featuring private rear-loading docks, heating and cooled warehouse space and easy subdivision opportunities that provide tenants with the flexibility to accommodate a range uses from office to industrial. Global electronics solutions provider Richardson Electronics has recommitted to a longer-term lease for 40,650 square feet, North American fastener distributor Fastenal Company has signed a new 7,965-square-foot lease and measurements solutions provider Mitutoyo America Corporation has also extended its lease for a longer-term for 7,644 square feet.

Bill Sullivan and Jon Pezzoni of Avison Young represented the landlord, True Associates, of Westwood as well as the tenants, in the negotiations.