Boston, MA., June 1, 2023 – Hunneman today announced the completion of long-term lease in Northwest Park in Burlington MA for Envision Energy & Nordblom Company. The Hunneman team of Jim Boudrot, Steve James, and Patrick Grady represented the Tenant, Envision Energy USA, and collaborated with the Landlord, Nordblom Company.

Envision Energy USA leased the 30,208 SF building as their H2 Center of Excellence, in their efforts to further advance green hydrogen energy solutions. The building will be used for their core R&D facilities.

Envision Group is a world-leading green technology company and net-zero technology partner with the mission of ‘solving the challenges for a sustainable future’. Envision Energy designs, sells, and operates smart wind turbines, energy storage systems and green hydrogen solutions.

“We are excited to move into Northwest Park, a dynamic and diversified neighborhood with world-class supports from the landlord. We look forward to developing innovative Green H2 technologies to fulfill our global net-zero commitments.,” said Hui Xu, Ph. D., CTO of Green Hydrogen, Envision Energy.

10 North Avenue is a stand-alone Office/R&D/Lab facility located within Northwest Park in Burlington, MA. Northwest Park is a well located, amenity-rich environment with six onsite restaurants, Life Time Fitness, Archer Hotel and MBTA stops, via Alewife Express, all in a collaborative campus setting.

“Envision Energy chose Northwest Park in Burlington to help them attract and retain the absolute best employees within the cleantech industry,” said Hunneman’s Jim Boudrot.

Northwest Park is a 200+ acre, mixed-use development that includes a high-end retail center at 3^rd Ave, 467 units of luxury apartments, and supports a wide array of lab, R&D, and corporate office users across dozens of buildings. It is owned and managed by Nordblom Company, a full-service Management, Investment and Development firm operating and serving New England since 1924.

“We are thrilled to welcome Envision Energy into the growing pool of high-tech, R&D tenants in Northwest Park that are shaping the next wave of innovation and look forward to being a supporting partner in their success.” said Crosby Nordblom, Senior Vice President of Nordblom Company.

Boston, MA (April 2023) — Newmark and Nordblom Company have arranged two new office and R&D leases totaling 55,975 square feet at Blue Sky Center, a world-class business campus in Burlington, Massachusetts. The new tenants are Nth Cycle, Inc.— a metals processing company whose technology supports the recovery of production-grade critical minerals—and UII America, Inc.— which utilizes AI to develop advanced medical imaging, radiotherapy equipment and medical robotics.

Newmark Senior Managing Director Matt Malatesta, Executive Managing Director Tyler McGrail, Vice Chairman Michael Frisoli and Associate Margaret Fee serve as the exclusive leasing agents on behalf of ownership, Nordblom Company and Starwood Capital Group. Newmark also represented UII America, Inc.

Both tenants were driven by recent and future growth and the need to accommodate an expanding workforce. Nth Cycle, Inc. signed a 47,578-square-foot lease on the first floor at 15 Blue Sky Drive and UII America, Inc. signed a 7,397-square-foot lease on the first floor at 65 Blue Sky Drive.

In addition to Blue Sky Center’s eight buildings—which total 937,042 square feet—a 270,000-square-foot lab building is slated for delivery in Q2 2024, which will house The Broad Institute and Vericel. Additionally, the campus’s 158-acre site can accommodate up to 620,000 square feet of additional new development.

“We are thrilled to welcome two strong innovation tenants, Nth Cycle, Inc. and UII America, Inc., to Blue Sky Center’s campus ecosystem,” said Malatesta. “The ability to scale and competitively attract/retain top tier talent remains a driver in the marketplace, and Blue Sky Center’s robust amenity package, and diverse workspace offerings continue to garner steady leasing activity.”

The business campus features a world-class roster of on-site amenities, including cafes serving breakfast, lunch and a 24/7 grab-and-go menu; a top-of-the-line fitness center; a community vegetable and herb garden; multiple outdoor patios; 28 EV charging stations; a gaming area with pool tables, a bocce court, shuffleboard and arcade games; a putting green; indoor and outdoor basketball shooting courts; a TrackMan golf simulator and more.

About Newmark

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of approximately $2.7 billion for the year ending December 31, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark

Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

About Nordblom Company

Nordblom is a real estate enterprise with a 99-year history of investing, managing, and developing properties throughout the New England region and select markets across the country. The company currently owns and manages office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, MA with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom has $2 billion in assets under management. For more information, please visit: www.nordblom.com.

CHANHASSEN, Minn., March 22, 2023 /PRNewswire/ — Life Time (NYSE:LTH), the nation’s premier healthy lifestyle brand, is bringing its one-of-a-kind Life Time Living experience to Burlington, Mass. with the debut of luxury-for-lease residences, which are set to open in Summer 2023. Located at 20 Fourth Avenue, construction is underway on the five-story, 167-unit development that will share a campus with the existing Life Time Burlington athletic country club, creating a 13-acre healthy living, healthy aging, healthy entertainment village for residents and members. The project is a partnership between Life Time and Nordblom Company.

Burlington, MA The 260,000 s/f life science facility at 25 Blue Sky Dr. has reached an exciting construction milestone. A collaboration between Nordblom Company and design-build construction management firm, The Richmond Group, the three-story building was “topped off, when the last beam was placed atop the structure.

Both developers, future tenants, construction crew and other members close to the project gathered to celebrate the achievement and recognize the hard work put in thus far. Nearly 100 guests attended the ceremony.

“Richmond is honored to work with Nordblom to reinvent the area. Along with our design and trade partners, we will deliver a best-in-class lab asset housing two phenomenal organizations that will undoubtedly have real impact on patients’ lives,” said Dave Mello, president, The Richmond Group.

Tenants Vericel Corp. and Broad Institute are expected to occupy the space by summer 2024, adding to the expanding list of life science-focused companies calling the area home.

“We continue to see that life science companies want to be in Burlington, and 25 Blue Sky Dr. is a testament to that demand,” said Patrick O’Neill, vice president of Nordblom Company. “This occasion is a time to pause and celebrate the many individuals who have helped bring this remarkable project to life.”

BURLINGTON, MA – The 1.3 million-square-foot world-class office campus has unveiled a new name, new logo and even a new address as part of an extensive rebranding exercise. The name ‘Blue Sky Center’ draws inspiration from its elevated location, atop a private tree-lined campus, “high above it all.” 

The change comes in response to a shift from predominantly office and computer technology tenants to a population that is also comprised of cutting-edge lab and life science, and new age technology companies. At present, Nordblom Company’s development team has over 270,000SF under construction and/or redevelopment for life science use at Blue Sky Center and has recently received entitlements from the Town of Burlington to expand the campus by an additional 450,000SF.  

“We are thrilled to continue the evolution of this unique asset into a new generation of innovation and real estate needs,” said Crosby Nordblom, Senior Vice President. “Initially constructed as Sun Microsystems’ corporate headquarters, the campus has since developed into a dynamic location able to meet the growing demands for infrastructure and amenities from a wide array of tenants. We look forward to elevating and expanding the campus further under the Blue Sky Center name.” 

The campus—originally purchased in 2007 and currently owned in a joint venture with Starwood Capital Partners—features an ever-expanding list of on-site amenities including indoor and outdoor basketball courts, beehives, community herb and vegetable gardens, bocce, a putting green and golf simulator, fitness center, two café locations, billiards and ping pong tables, a pickle ball court and town hall amphitheater (coming soon), and more.  

“Blue Sky Center has established itself as a benchmark offering for companies and their employees to thrive and collaborate. From software to hardware, life-science R&D to GMP production, the campus community is creating meaningful advancements across numerous fields. We are excited to watch the tenants at Blue Sky Center– soon to include Vericel Corp’s work in cell therapy and the Broad Institute’s extensive pursuits in genomic medicine–continue to push their individual frontiers,” said Patrick O’Neill, Vice President at Nordblom Company. 

About Blue Sky Center: Blue Sky Center is a distinctive world-class office park situated on an expansive 158-acre campus at the intersection of four major arteries. Blue Sky Center is the very essence of a forward-looking property. Featuring the latest technology and contemporary architecture, the campus is designed with an eye towards sustainability, efficiencies and expansion. Built to institutional standards, the property features quality finishes with a robust infrastructure. The range of tenancies reflects its capabilities with the headquarters for software, life sciences, IT and other technology. 

About Nordblom Company: Nordblom is a real estate enterprise with a 98-year history of investing, managing, and developing properties throughout the New England region and select markets across the country. The company currently owns and manages office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, MA with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom has $1.2 billion in assets under management. For more information, please visit: www.nordblom.com.  

BURLINGTON, MA – Nordblom Company announced today that Todd Nordblom was promoted to company President. In his new role, Todd will oversee all Nordblom Company’s investment and development activity as well as investor relations and marketing.

Todd has been with the company since 2014 and most recently served as Senior Vice President, where he oversaw many aspects of Nordblom’s residential investment and development projects.

“It is an exciting opportunity for both Todd and the company as we continue to evolve our vision and practices in such a dynamic business environment,” said Og Hunnewell, Executive Vice President and Member, Board of Directors.

Accompanying the news is the announcement of Peter Nordblom’s transition from long-time company President to Chairman of the Board. Peter will remain active in strategic planning, financing, and asset management.

“While we have a long company history, our culture is very forward looking by design. Over the last few years, we’ve seen a new generation of talented people join and grow with Nordblom. They are well poised to help define the future of real estate in greater Boston for the coming decades,” Pete Nordblom added.

In the new role, Todd will continue to collaborate with the company’s highly capable senior management team, which has an average tenure of over 20 years.

“Nordblom Company is a powerful platform for advancing not only our vision for real estate, but also enriching the lives of those served through our projects,” remarked Todd. “This includes our investors and communities, as well as our employees. I am humbled by the opportunity to play a leading role in guiding these visions going forward, while remaining committed to the many stakeholders that have helped define our success over the years.”

About Nordblom Company:

Nordblom is a real estate enterprise with a 90-year history of investing, managing, and developing properties throughout the New England region and select markets across the country. The company currently owns and manages office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, MA with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom has $1.2 billion in assets under management. For more information, please visit: www.nordblom.com.