Richards Barry Joyce & Partners, LLC (RBJ) has brokered a new lease for National Development at 120 Presidential Way, Woburn, Mass. The 49,626 s/f lease with MediaTek Inc. brings the building to full occupancy.
Part of the MetroNorth Corporate Center, 120 Presidential Way consists of 74,194 s/f of office space. MediaTek, a fabless semiconductor company for wireless communications and digital media solutions, will occupy space on the first and second floors of the three-story building.
"MetroNorth Corporate Center is one of the region's premier office parks. It is attracting excellent tenants, due to its amenities, location and options for growth," said Jonathan Varholak, partner, Richards Barry Joyce & Partners.
MetroNorth Corporate Center is a 1.2 million s/f master-planned campus. The park is served by a new interchange off I-93.
National Development was represented in the lease by Jonathan Varholak, Brian McKenzie and Ron Friedman of Richards Barry Joyce & Partners. RBJ is the exclusive leasing agent for National Development's MetroNorth Corporate Center properties - 120, 150 and 200 Presidential Way. MediaTek was represented by Grubb & Ellis.