News: Owners Developers & Managers

Nanoramic Laboratories leases 40,000 s/f at Cummings Properties’ 10 Commerce Way

Woburn, MA Nanoramic Laboratories has leased a 40,000 s/f headquarters in Cummings Properties’ local technology cluster. The expansive new facility, located at 10 Commerce Way, will house the growing cleantech company’s executive, administrative, and R&D functions. 

Founded in 2009 out of Massachusetts Institute of Technology, Nanoramic develops sustainable, high-performance lithium-ion batteries and capacitors for the automotive, aerospace, defense, and healthcare sectors. It notes that its patented nanotechnology results in a cleaner, more efficient manufacturing process and product than existing battery technology.

“The existing infrastructure and amenity-rich location at 10 Commerce Way were key considerations in Nanoramic’s decision,” said senior leasing director Rob Yacobian of Cummings Properties.

The facility, recently home to another cleantech firm, features newly constructed, specialized lab and R&D space, including dry rooms, extensive power, and multiple loading docks.

Yacobian and VP of leasing John Halsey worked with David Thomann, managing director at Cushman & Wakefield, on the lease.

“We’re delighted to welcome another up-and-coming power player to Cummings’ Woburn climate tech cluster,” said Halsey. “Thanks to our strong relationships at Cushman & Wakefield, it was short work to execute the right deal for Nanoramic.”

Among Nanoramic’s new neighbors in the city are Active Surfaces, Agrivida, Alsym Energy, Emvolon, Phoenix Tailings, SES, Type One Energy Group, and numerous other cleantech and energy firms.

The Commerce Way site is located at the intersection of I-93 and I-95, within walking distance of many cafés and restaurants as well as the newly redeveloped Woburn Village shopping center.

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains