News: Front Section
Posted: June 3, 2022
Cushman & Wakefield arranges 100,000 s/f lease
for Integra LifeSciences at at 400 Wood Rd. in Braintree, MA
Braintree, MA Cushman & Wakefield arranged a long-term, 100,000 s/f lease for Integra LifeSciences, a medical technology company, at 400 Wood Rd. Cushman & Wakefield represented both the tenant and landlord in the transaction.
Integra LifeSciences will be the first tenant in the newly redeveloped life science facility where the company plans to manufacture surgical reconstruction devices. The company will invest into the property and recently secured a tax increment financing agreement by the town of Braintree.
Hilco Redevelopment Partners (HRP) purchased the 156,000 s/f property in August 2019 with the foresight to convert the building into a destination for life science companies.
“Bringing a tenant of Integra’s caliber to 400 Wood Rd. brings our vision of the redevelopment to life. The property’s proximity to Boston and the MBTA Redline, major roadway networks, talented workforce and extensive nearby amenities are the cornerstones of future life science innovation at the property,” said Andrew Chused, HRP’s head of investments.
Cushman & Wakefield’s Pete Whoriskey, Rob Byrne and Duncan Gratton are marketing the remaining available class A space for lease. The property features 18-foot clear heights, two loading docks, ample power and parking.
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