News: Owners Developers & Managers

Novaya Real Estate Ventures renews 60,000 s/f with Symbotics - handled by Adams, Taylor, Ruggiero and Walsh of NKF

200 Research Drive - Wilmington, MA

Wilmington, MA Novaya Real Estate Ventures renewed a 60,000 s/f lease with robotics company, Symbotic. The lease represents Symbotic’s continued commitment to its headquarters space at 200 Research Dr. The property is part of a four building, flex portfolio consisting of 700,000 s/f that Novaya acquired this past summer. 

Matt Adams
Torin Taylor
Richard Ruggiero
Rory Walsh
Mike Ripp
Mark Reardon

Novaya was represented by Matt Adams, Torin Taylor, Richard Ruggiero, and Rory Walsh at Newmark Knight Frank. Symbotic was represented by Mike Ripp of CBRE and Mark Reardon. 

Novaya principal, Peter Carbone, said, “We are thrilled that Symbotic has decided to renew its headquarters at 200 Research Dr. The building is one of the premiere flex buildings in the suburban Boston market, providing tenants with highly flexible space that can be used for office, lab, research and development, light manufacturing and warehouse/distribution space.” 

Symbotic is the developer of innovative robotics and software to deliver advanced automation solutions to increase the speed and efficiency of the supply chains for manufacturers, distributors, and retailers of all sizes.

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any