The Town of Westborough Massachusetts

 

Westborough is a town in Worcester County, Massachusetts. Incorporated in 1717, the town is governed now under the New England open town meeting system, headed by a five-member elected Board of Selectmen whose duties include licensing, appointing various administrative positions and calling a town meeting of citizens annually or whenever the need arises.

Before recorded time, the area now known as Westborough was a well-travelled crossroads. As early as 7,000 B.C., prehistoric people in dugout canoes followed the Sudbury and Assabet Rivers to their headwaters in search of quartzite for tools and weapons. The early English explorer John Oldham followed these trails through Westborough in 1633, with settlers in search of fertile farmlands following not long after. By late 1675, a few families had settled near Lake Chauncy, in the “west borough” of Marlborough.

The industrial progress of the entire United States is indebted to Westborough’s most famous native son, Eli Whitney, Jr. Born in 1765, Whitney invented the cotton gin in 1795 after graduating from Yale. In 1798, he introduced mass production to the United States at his Whitney Arms Company in New Haven, Connecticut. Whitney’s legacy is evident in the modern industries located within the town’s borders: AstraZeneca, Dover Electric, Proteon, Genzyme, EMC Corporation, IBM, PFPC, Bose Corporation and the global headquarters of American Superconductor.

 

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J. Butler Property Management, LLC. : Westborough, Massachusetts

As mentioned elsewhere on this website, property managers are typically on the front lines of lease negotiations. If a tenant must be awarded a lease cancellation provision based on whether other tenants move out, the tenant should be required to first demonstrate that sales declined more than ten percent after an agreed-upon period following the closing of the store to which the co-tenancy is tied. The landlord should negotiate that, in this scenario, the tenant\'s rent will convert to percentage rent only in lieu of the right to cancel the lease. If the tenant insists on the right to cancel, the landlord should counter with a time period, usually one year, to either re-lease the vacant anchor space or bring the shopping center occupancy above the targeted percentage before the tenant may cancel its lease. During this period, the tenant may be allowed to pay percentage rent in lieu of the base rent. The tenant should have a limited time, usually one month after the event that triggers the exercising of the co-tenancy provision, to notify the landlord of the decision to exercise this right. A retailer may negotiate the right to cancel its lease based on not achieving a specific sales volume. Typically, the only time a landlord will agree to this cancellation right is if the shopping center is distressed or a retailer is of a significantly higher caliber than the other tenants. This concession may also be necessary to attract tenants that are trendsetters and produce very high sales. These merchants have a following of other retailers who are likely to lease space in the shopping centers they occupy.