Burlington, MA Azzur Group, a leading solution provider dedicated to helping life science innovators start, scale and sustain their GxP organizations, entered a 12-year lease with Nordblom Company at 60 Blanchard Rd., and is poised to occupy the entire 50,300 s/f space by summer 2021. The building includes 650 ft. of Rte. 128 frontage, making it both highly visible and easily accessible. Azzur Cleanrooms on Demand plans to build their largest facility yet, that will serve the Greater Boston area bio-pharmaceutical industry with over 25,000 s/f of cGMP-compliant space and related services designed to accelerate early-phase manufacturing capabilities.
Nordblom Co., in partnership with Alcion Ventures, acquired the single-story commercial/flex building last fall. “Nordblom and the team executed quickly on the vision for re-positioning and leasing the property, which will result in a high-quality life science asset,” said Kris Galletta, partner at Alcion Ventures. The landlord was represented by Newmark and the tenant was represented by The Stevens Group in this transaction.
The Azzur deal highlights an active year of life science and medical technology leasing for Nordblom in the area. So far this year, Nordblom has executed over 200,000 s/fof life science and advanced medical technology leases.
At Network Dr., Nordblom’s 158-acre office campus, stakeholders worked alongside Newmark Knight Frank to execute an 18-month extension of a 44,740 s/f lease for a notable bio-pharmaceutical company. “Burlington is quietly undergoing a notable lab and biotechnology transformation,” said Adele Olivier, senior vice president of Nordblom. “We are proximate to the lab clusters in Lexington and Bedford and offer an unrivaled amenity rich, mixed-use environment that attracts highly skilled talent. It is not surprising that the life science tenant roster continues to grow in Burlington.”
Nordblom also completed a new lease and extended four of the existing leases with LeMaitre Vascular at Northwest Park. LeMaitre Vascular already occupies 82,907 s/f of primarily lab space across four buildings in the park, and the addition of 32 Third Ave. to their list of Northwest Park addresses brings their total to 109,354 s/f.
In addition to the life science leases, Nordblom leased an additional 24,500 s/f of advanced technology space, including a lease with information technology professionals Daymark Solutions, and advanced materials and manufacturing company Poly6 Technologies.
Northwest Park, located at the intersection of Route 3 and I-95, is comprised of 24 buildings and offers a wealth of walkable amenities including Life Time Athletic, Archer Hotel, Wegmans and the popular retail and dining destination 3rd Ave.