“For Main Street rental space, the rents are between $25 and $35 per square foot,” he said. “We’re just upgrading our property so it is between the market rents.”
Meanwhile, Reppucci is still on the hunt for an Andover location.
“Who knows what’s going to happen?” he said. “We didn’t really anticipate that we’d be leasing there when these people approached us. Who knows who else has property down there that’s looking for a reasonable tenant?”