Healy and Shakespeare of Colliers leases 30,000 s/f to G-Tek Labs

September 15, 2017 - Front Section

South Boston, MA According to Colliers International, assistant vice presidents Ryan Healy and Mike Shakespeare have leased 30,000 s/f to a new innovative hardware workspace, G-Tek Labs. Backed by Taiwan-based Gigatek, Inc., G-Tek Labs will create an environment conducive to development, manufacturing and scaling of electronic devices. The shared workspace will provide access to design software and equipment, such as 3D printers and pick and place machines, that are required to explore new ideas in the hardware technology arena. G-Tek Labs has begun construction on its two-story space at 28 Damrell St. with plans to launch Phase 1 this month. It has already started accepting applications for prospective members. 

G-Tek Labs recognizes Boston as a renowned center for innovation and is home to one of the largest start-up ecosystems in the world. 

Attorneys Ku Yoo of Chang & Yoo LLP and James Heffernan of Rich May, PC represented G-Tek Labs in negotiating the lease and other corporate matters. Scott Gredler with Cushman & Wakefield represented the landlord, Damrell Properties LLC in the transaction.

“With Ryan and Mike’s help, we searched the Seaport, Downtown Boston, Cambridge, and Somerville markets for our home, and selected 28 Damrell and Andrew Sq. due to the area’s rich manufacturing and industrial history,” said Jeff Chang, CEO of G-Tek Labs. 

“South Boston and Andrew Square, in particular, is a major site for redevelopment, and one of our central goals is to ensure that manufacturing remains a part of its future. We are very excited to open our doors, connect with Boston’s innovation ecosystem, and hopefully be an asset to the community.”

Its convenient location between the Andrew and Broadway Red Line T-stations as well as on-site parking also significantly contributed to the Southie allure. According to Healy, “With hardware technology requiring more of a flex/industrial space but the same kind of talent, Southie’s access to the Red Line, sometimes dubbed the ‘Brain Train’, is an ideal solution.”

Colliers International Group Inc. is an industry-leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 12 consecutive years, more than any other real estate services firm.

 

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