Spectrum Microwave, Inc., a market leader in the world of RF and microwave components and systems, has executed a new 42,832 s/f lease to relocate its operations to 400 Nickerson Rd. located in Marlborough Technology Park. The firm will relocate from 165 Cedar Hill St. in May. The move represents a 16,000 s/f expansion.
The Colliers Meredith & Grew team of Jim Elcock, Bill Lynch and Tim O'Brien represented Spectrum Microwave. Paul Leone of Richard Barry Joyce & Partners, LLC represented the landlord, Normandy Real Estate Partners. Specifics of the lease transaction were not disclosed.
"After evaluating several options, we chose to relocate to Marlborough Technology Park based on its location, amenities and quality of the space," says Gregg Davis, general manager of Marlborough operations for Spectrum Microwave. "It was a perfect fit to accommodate growing operations."
Marlborough Technology Park consists of seven first-class office buildings totaling 573,576 s/f.
Located on Nickerson Rd. off Interstate 495, the business center provides access to the Massachusetts Turnpike, Interstate 290, Routes 128 and 9. On-site amenities include ample parking, a full-service cafeteria, conference facilities and a fitness center.