Beal renews Manta Product Development, Inc. at Cambridge East Office Park

Manta Product Development has renewed their lease at 264 Third Street. Manta has committed to a five-year lease consisting of 4,995 square feet.

BOSTON, MA, November 6, 2003- The Beal Companies, LLP a Boston-based real estate and investment firm since 1880, is pleased to announce that Manta Product Development has renewed their lease at 264 Third Street. Manta has committed to a five-year lease consisting of 4,995 square feet.

When it was time to renew, we spent a lot of time looking at other spaces and realized that all along what we had was perfect. We love our space and the location is perfect for our employees" said Ruthanne Laughton, Controller at Manta.

Manta Product Development, Inc., is an award winning design and engineering group founded in 1995. Manta has successfully developed products with varied manufacturing processes for the medical, consumer, sporting good and industrial markets. Manta has worked successfully with a complementary network of outside development resources, including MIT, Harvard and local medical institutions.

Molly Walker, Director of Leasing for The Beal Companies, LLP represented the landlord. The Beal Companies is a Boston based real estate and investment firm actively pursuing investments in all segments of the real estate industry throughout the country. Activities include the acquisition and development of commercial, historic and residential properties, asset management for The Beal Companies and others, brokerage and consulting, appraisal and tax assessment, as well as financing and construction management services.

Cambridge East Office Park is a unique community of businesses dedicated to the advancement of technology through research, development and manufacturing. The park is a prime location for any company seeking to be near neighboring biotech firms or close to major hospitals and local universities. Cambridge East Office Park offers industrial, office, laboratory and R&D space available for lease in single-story buildings.