44 Simon Street - Nashua, NH
"Liberty Woods Technology Center is ideally situated to attract and retain the highest quality technology talent in northern Massachusetts and southern New Hampshire," said Mohsin Amiji, president of Liberty Cos. "We are sure Resonetics will prosper in this environment."
The CBRE team of David Connolly, senior vice president/partner, Roger Dieker, vice president, and Robert LeClair, associate, represented landlord Liberty Companies in the transaction. Tenant Resonetics LLC was represented by Chris Norwood of NAI Norwood and Steve James of NAI Hunneman.
Built by Teradyne Corp. in 1979, Liberty Woods is positioned to offer value to both office and technology/production/engineering users. Since being acquired by Liberty Cos. in 2006, renovations have been undertaken to the 240,000 s/f office and manufacturing facility to prepare it for a variety of tenants.
Liberty Woods combines access from Rte. 3 with a quiet setting on the edge of the Mines Falls conservation area. Liberty Woods offers extraordinary infrastructure for technology tenants including abundant distributed power, process piping and ESD floors. Furthermore, the site provides abundant parking which has the potential to accommodate call centers or other users with heavy parking needs.
About Liberty Companies
Liberty Companies, located at One Liberty Square in Boston's Financial District, is a pioneer in outside-the-box strategies for acquiring, redeveloping and marketing under-performing or surplus commercial property. Their skilled management team has over 50 years of combined experience in developing and marketing more than 30 million square feet — valued at more than $1 billion — of industrial, manufacturing, office, R&D, and retail properties throughout the U.S. Currently, they manage more than five million square feet of industrial and office properties located primarily in New England. For more information please visit www.libertycompanies.net.
About Resonetics
Resonetics is the largest total solution provider of laser micromachining products and services in the world. It is also the largest independent plastic (polymer) laser micromachining facility with +50 UV-based laser micromachining systems with three clean rooms.
Laser micromachining represents a critical fabrication technology for the manufacturing of medical and diagnostics devices as the machining features become increasingly small.
Resonetics offers contract manufacturing laser services as well as UV-based laser equipment and instruments.
The US-based company (Nashua, New Hampshire, one hour north of Boston) has two separate business divisions: Laser Micromachining Division (for Contract Manufacturing Services) and Laser Systems Division (for capitol equipment). For more information please visit www.resonetics.com.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
CB Richard Ellis - N.E. Partners, LP, a CB Richard Ellis Joint Venture has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. The firm serves real estate owners, investors and occupiers by offering strategic advice and execution for: property leasing and sales, property facilities and project management, corporate services, debt and equity financing, investment management, valuation and appraisal, research and investment strategy, and consulting. Please visit our Web site at www.cbre-ne.com.
