News: Front Section

Newmark facilitates 84,911 s/f in leases at The
Gutierrez Co.’s Westford Technolgy Park

Westford, MA Newmark has secured 84,911 s/f of office leases at Westford Technology Park, a class A office and R&D campus in the Rte. 495 submarket. The transactions included 54,000 s/f of renewals across tenants Nvidia, American Fujikura Limited and Sentry at 2 Westford Technology Park, as well as 31,000 s/f of new leases to Future Electronics and Crown Castle at 1 and 5 Westford Technology Park. The leasing momentum reflects the diversity and resilience of the submarket over the last 12 months.

Newmark executive managing directors Torin Taylor, Richard Ruggiero and Matthew Adams and senior managing director Rory Walsh are the exclusive leasing agents for the property and represented ownership, The Gutierrez Company, a Burlington-based real estate owner and developer.

“Areas like Westford provide the opportunity to build out spaces that fit the needs of blue chip companies and companies that require R&D space,” said Doug Fainelli, vice president of operations for The Gutierrez Co. “We built Westford Technology Park with innovation and creativity at the forefront, blending tenant customization and openness with high performing facility infrastructure.”

Spanning one million s/f across 1, 2, 4, 5, 6, 7 and 9 Technology Park Dr., the family-owned and developed asset offers a level of consistency and commitment that is unmatched in the market. Housing tenants such as Akamai, Raytheon Technologies, Johnson Controls, Lockheed Martin Corp. and Nvidia, The Gutierrez Co. delivers each space unique to the tenant and their needs to provide a distinct, world-class experience. Tenants have modern facilities and services to enhance their workday, including cafes, fitness centers, a park setting and onsite amenities including walking trails, food trucks and tenant events.

Located between Rte. 110 and Rte. 495, the property is located 35 miles northeast of Boston, providing access to an employee base and access from Greater Boston and Southern New Hampshire from Rte. 3 and I-495.

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