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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