Savills represents GSC USA in 231,000 s/f lease renewal at 175 Pioneer Dr., Leominster, MA

Leominster, MA Savills represented GSC USA in a 231,000 s/f lease renewal at 175 Pioneer Dr. The renewal positions the plastics injection molding company for long-term growth while enabling reinvestment in operations and equipment. Savills corporate managing directors Steve Woodworth and Mitch Kumin represented GSC USA in the transaction.

The renewal reflects GSC Technology’s commitment to its Leominster location, a historic hub of plastics manufacturing and a key operational center for the company’s emerging U.S. production. Facing an industrial market characterized by limited supply of quality manufacturing spaces, the Savills team moved quickly to develop and execute on a strategy that maximized the client’s options and achieved meaningful results.

“Large-scale industrial renewals can be incredibly complex, particularly in legacy manufacturing markets where access to essential infrastructure is scarce,” said Woodworth. “Through informed and strategic action, our team delivered significant value and flexibility in support of GSC’s long term operations.”

“Savills was brought on as a strategic partner to help us position the company for today’s opportunities and in support of the long-term growth and health of the company,” said Dave Barrow, CEO of GSC Technology. “Their team-based and seasoned approach to our unique set of challenges resulted in a very creative outcome, and I could not be more pleased.”

Arris Partners, the building owner, represented itself in the transaction.