Cushman & Wakefield leases 151,800 s/f to Enterasys Networks

On behalf Enterasys Networks, Inc., Cushman & Wakefield has closed a new long term lease totaling 151,800 s/f of office space at Minuteman Park on 50 Minuteman Rd. Enterasys is currently sub-leasing the existing space at the facility from a third party. Cushman & Wakefield senior directors Richard Ruggiero, Torin Taylor and David Pergola, director Matt Adams and associate director Rob Kinlin represented the tenant, Enterasys Networks, Inc. The landlord,Brickstone Properties, was represented internally by Marty and Jeff Spagat. Enterasys Networks—the Secure Networks Company—is owned by a private investor group led by The Gores Group, LLC and Tennenbaum Capital Partners, LLC. Enterasys' unique Secure Networks solutions secure any network to ensure the confidentiality, integrity, availability and performance of IT services and the business users that rely on them. Thousands of leading companies, government agencies and educational institutions in more than 70 countries rely on Secure Networks solutions to maintain business continuity and protect vital information. Minuteman Park is widely regarded as one of the regions finest class A office parks. It is host to the world's most recognized and respected brands including Straumann Holding AG, Smith & Nephew plc, Polycom Inc., NaviSite, WSI Corporation and Philips Medical. The Park is located adjacent to U.S. Interstate 93, greater Boston's major north-south highway corridor in Andover approximately 20 miles north of Boston. Minuteman Park is comprised of six buildings totaling 954,051 s/f on 94 acres. It was constructed in phases beginning in 1975 and spanning over the past 30 years. 50 Minuteman Rd. is a three story, 151,800 s/f building completed in 1997. The facility is set on 13.7 acres.