FedEx Corp. has renewed and expanded its lease of 342,900 square feet at One Beeman Road in Northborough.
FedEx renewed its lease for 180,200 square feet and expanded its presence by an additional 162,700 square feet to occupy the entire building, making the transaction one of greater Boston’s largest industrial leases in 2009, according to a statement.
FedEx uses the building as a warehouse and distribution facility for FedEx SmartPost, the company said.
One Beeman Road is a high-bay warehouse/distribution facility with 22- to 30-foot-high ceilings.
"We are pleased that FedEx has chosen to not only remain at One Beeman Road but to nearly double its presence to occupy the entire building," said John Lashar, partner at Richards Barry Joyce & Partners.
John Lashar, partner, and Paul Leone, senior vice president of Richards Barry Joyce & Partners represented the landlord MM Industrial Beeman Road LLC in the transaction.





