NAI Hunneman’s Leasing & Advisory Services Group completes 53,700 SF lease at 45 Panas Road

45 Panas

Minnerly, Osvold & Hannigan represent landlord in full-building lease transaction at newly constructed warehouse/office building on Route 1 in Foxboro

BOSTON, MA – NAI Hunneman recently completed a 53,700 SF lease with IDI Distributors at 45 Panas Road in Foxboro, MA. IDI is relocating from 1245 Providence Highway in Sharon to the newly constructed office/warehouse building located within Panas Park just off Route 1.

Executive Vice President Cathy Minnerly, Vice President Ovar Osvold, and Associate Sean Hannigan represented the landlord, Hercules Realty, in the transaction, while IDI was represented by Tim Carlson and Elizabeth Geary of Cresa Partners.

“45 Panas Road provides IDI Distributors with a brand new, first-class facility that can address both immediate and long-term needs while maintaining their strategic location along Route 1,” said Minnerly.

Situated on the northbound side of Route 1 in Foxboro, 45 Panas Road offers 32’ clear heights, an abundance of loading, ESFR sprinklers and outside storage.

About NAI Hunneman:

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit


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