News: Front Section
Posted: December 20, 2019
Truesdale of Cummings Properties and Rexinis of Colliers handle 5,400 s/f lease to NanoImaging Services
Woburn, MA California-based NanoImaging Services (NIS) has established an East Coast presence with a new lease at 4 Gill St. The 5,400 s/f facility will serve as both office and laboratory space for the 12-year-old company, which plans to take occupancy of its new location in spring 2020.
NIS provides comprehensive cryo electron microscopy (CryoEM) services supporting drug discovery and development. Along with establishing a commercial center for NIS in the Northeast, the Gill St. location will house cutting-edge electron microscopes from ThermoFisher Scientific and next-generation sample preparation tools under development by TTP Labtech Ltd.
“CryoEM is rapidly developing as an important method to support drug discovery, complementing the long-established use of the method in drug development and manufacturing,” said Ben Schenker, the recently appointed chief commercial officer at NIS. “Through our relationship with Cummings Properties, we have been able to access local space with the technical specifications necessary to support optimum operation of the electron microscopes. We look forward to ongoing growth and engagement through our client relationships in the Northeast.”
Cummings Properties leasing director Mike Truesdale worked with Jason Rexinis, assistant vice president at Colliers International’s Boston office, to find and develop a space for the unique requirement.
“NIS joins an expanding cluster of tech firms here in Woburn,” said Truesdale. “Growing companies have realized that they can lease office and lab space at a fraction of what they would pay in Boston and Cambridge, which are only a short drive away.”
Its new neighbors will include high tech and life science companies, including Covidien, Wuxi Nextcode Genomics USA, Aphios, ArQule, Purinomia Biotech, and Reform Biologics.
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
.png)
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
