News: Front Section
Posted: February 22, 2019
Choate of Colliers International reps. Novocure in 19,000 s/f lease - Doyle of CRESA Partners reps sublessor, Liberty Mutual
Portsmouth, NH Colliers International represented Novocure, Inc. in the sublease of 19,000 s/f of class A office space at 135 Commerce Way. The company now leases a total of 54,000 s/f in two buildings at Portsmouth Office Park.
David Choate of Colliers’ local office represented Novocure and Joe Doyle of CRESA Partners of Boston represented the sublessor, Liberty Mutual.
The newly leased space in Portsmouth expands Novocure’s U.S. Operating Center. The company has hired over 150 local employees since it first relocated to 195 Commerce Way in December 2011.
Mike Ambrogi, Novocure’s chief operating officer, said Novocure chose to expand again in Portsmouth because it offers a great quality of life while providing access to the robust Greater Boston life sciences community. Ambrogi also said that the need for additional space reflects Novocure’s increasing commercial and clinical activities in the United States.
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Ask the Electrician: How do I prepare my commercial building for a disaster?
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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