Nordblom Company Signs Deal with Azzur Group to Cap 204,000 SF of Life Science and Medical Technology Leasing in Burlington in 2020
Azzur Group, a leading solution provider dedicated to helping life science innovators start, scale and sustain their GxP organizations, entered a 12-year lease with Nordblom Company at 60 Blanchard Road, Burlington, and is poised to occupy the entire 50,300 square-foot space by summer 2021. The building includes 650 feet of Route 128 frontage, making it both highly visible and easily accessible. Azzur Cleanrooms on DemandTM plans to build their largest facility yet, that will serve the Greater Boston area biopharmaceutical industry with over 25,000 square feet of cGMP-compliant space and related services designed to accelerate early-phase manufacturing capabilities.
Nordblom Company, in partnership with Alcion Ventures, acquired the single-story commercial/flex building just last fall. “Nordblom and the team executed quickly on the vision for re-positioning and leasing the property, which will result in a high-quality life science asset,” according to Kris Galletta, Partner at Alcion Ventures. The landlord was represented by Newmark and the tenant was represented by The Stevens Group in this transaction.
The Azzur deal highlights an active year of life science and medical technology leasing for Nordblom in Burlington. So far this year, Nordblom has executed over 200,000 square feet of life science and advanced medical technology leases.
At Network Drive, Nordblom’s 158-acre state-of-the-art office campus, Nordblom stakeholders worked alongside Newmark Knight Frank to execute an 18-month extension of a 44,740 square-foot lease for a notable biopharmaceutical company.
“Burlington is quietly undergoing a notable lab and biotechnology transformation,” said Adele Olivier, Senior Vice President of Nordblom Company. “We are proximate to the lab clusters in Lexington and Bedford and offer an unrivaled amenity rich, mixed-use environment that attracts highly skilled talent. It is not surprising that the life science tenant roster continues to grow in Burlington.”
Nordblom also completed a new lease and extended four of the existing leases with LeMaitre Vascular at Northwest Park. LeMaitre Vascular already occupies 82,907 square feet of primarily lab space across four buildings in the park, and the addition of 32 Third Avenue to their list of Northwest Park addresses brings their total to 109,354 square feet.
In addition to the life science leases, Nordblom leased an additional 24,500 square feet of advanced technology space, including a lease with information technology professionals Daymark Solutions, and advanced materials and manufacturing company Poly6 Technologies.
Northwest Park, located at the intersection of Route 3 and I-95, is comprised of 24 buildings and offers a wealth of walkable amenities including Life Time Athletic, Archer Hotel, Wegmans and the popular retail and dining destination 3rd Ave.