Normandy Real Estate Partners Signs 190,311 SF of Leasing at Marlborough Technology Park

 
Boston MA – March 25, 2013 — Normandy Real Estate Partners, a leading real estate operator and fund manager, today announced that, through representation by full-service commercial real estate advisory firm Richards Barry Joyce & Partners, LLC (RBJ),  seven leases have been secured within the last six months totaling 190,311 square feet at Marlborough Technology Park (Marlborough, Massachusetts).
Richards Barry Joyce & Partners is the exclusive leasing agent for Marlborogh Technology Park and John Lashar, partner, and Paul Leone, senior vice president, represented Normandy in the leases. The tenants in the transactions are Cavium, Inc., Oxford Immunotec, CardioFocus, Inc., IQuum, Rockwell Automation, Sepaton, Inc., and Tekelec, Inc.
“Normandy’s commitment to Marlborough Technology Park continues to meet the needs of blue chip tenants seeking the best-in-class,” said Richards Barry Joyce & Partners’ John Lashar.
“Since acquiring Marlborough Technology Park we’ve enjoyed a superior track record of renewing and securing new leases as the park continues to showcase its Class-A office attractions and amenities in the I-495 corridor,” said Mark Roopenian, Senior Vice President at Normandy Real Estate Partners. “With the help of the team from Richards Barry Joyce & Partners, we’re excited to continue building our relationships with our existing tenants and welcoming our new ones in Cavium, Inc. and Oxford Immunotec.”
Details on the leasing activity include:
*New Leases
600 Nickerson Road
  • Tenant: Cavium, Inc.
  • Lease: 60,937 sf
  • Brokers: Tim Latham of Lincoln Property Company and Kevin Malloy of Avison Young
700 Nickerson Road
  • Tenant: Oxford Immunotec
  • Lease: 14,500 sf
  • Broker: John Lashar of Richards Barry Joyce & Partners
*Renewals
100 Nickerson Road
  • Tenant: Rockwell Automation
  • Lease: 17,555 sf
  • Broker: Bob McGuire of CBRE/New England
 
200 Nickerson Road
  • Tenant: Tekelec, Inc.
  • Lease: 20,417 sf
  • Broker:Matt Giffune of Jones Lang LaSalle
 
400 Nickerson Road
  • Tenant: Sepaton, Inc.
  • Lease: 31,511
  • Broker:Joe Fallon and Kevin Hanna of Cassidy Turley
 
500 Nickerson Road
  • Tenant: CardioFocus, Inc.
  • Lease: 16,591 sf
  • Broker: John Lashar of Richards Barry Joyce & Partners
700 Nickerson Road
  • Tenant: IQuum
  • Lease: 28,800 sf
  • Broker: Kevin Hanna and Connor Barnes of Cassidy Turley
Marlborough Technology Park consists of seven two-story buildings totaling 573,576 square feet of office and laboratory space. Located on Nickerson Road in Marlborough and spanning 85 acres, the park offers easy access to all the major routes in the MetroWest Region, including I-495, the Massachusetts Turnpike, I-290 and Route 9. The park also offers a high level of onsite amenities including a new café, conference rooms with audio/visual technology support, and a state-of-the-art fitness center. Nearby amenities include a number of hotels, daycare centers, restaurants, fitness and athletic facilities, and the Solomon Pond Mall.
About Normandy Real Estate Partners

Normandy Real Estate Partners is a leading real estate operator and investment manager headquartered in Morristown, NJ with offices in Boston, New York City, Los Angeles and Washington, D.C. Normandy currently manages a series of discretionary real estate funds totaling approximately $1.5 billion of equity commitments. Normandy’s existing portfolio includes over 15 million square feet of commercial assets, four hotels and numerous land development sites. Normandy targets value added real estate investments in the gateway markets of Boston, Metro New York City, Los Angeles, San Francisco, and Washington, D.C. where opportunities exist to enhance value through creative repositioning, financial restructuring, intensive management, and capital improvements. For more information visit www.normandyrealty.com.