Dave Ross of Cresa Boston recently represented Oxford Instruments America, Inc., a leading provider of high-technology tools and systems for research and industry, in a 21,250 s/f office lease renewal and expansion at 300 Baker Ave.
The company is adding 2,349 s/f to its 18,901 s/f on the first floor of the three-story, 409,260 s/f standalone office building.
Barry Dubé and Amy Braun of Cresa Boston will oversee project management activities for the company, slated for completion in September.
According to Ross, Oxford Instruments America, which is based in the United Kingdom, realized favorable lease terms at its existing location, which allows for contiguous expansion and can accommodate its anticipated growth.
The landlord, Normandy Real Estate, was represented by Kate McGovern and Duncan Gratton of Cassidy Turley.
Cresa LLC, one of the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain, and Facilities Management. With 57 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.