The Past Weeks Biggest Leases Include: Equity Office, Impinj, Lantronix, MANE USA, Shire and Simpson Thacher

The company expects to occupy 167,000 square feet of office space at 8000 W. Sunrise Blvd. by Sept. 1, 2016 and an additional 55,000 square feet commencing May 1, 2017.

The lease is set to expire Feb. 28, 2029. The company may extend by up to two successive 5-year terms. By Mark Heschmeyer

Paired with its adjacent 650,000-square-foot campus at 300 Shire Way, the new space will establish the Shire's operation as the largest suburban biotech campus in the Boston region. Shire is planning to move up to 600 employees currently based in suburban Philadelphia to Lexington.

Shire relocated its Boston-area operations to Lexington from Cambridge several years ago after buying four buildings in the Lexington Technology Park in 2010.

Earlier this month, the biopharm company announced it will buy New Jersey-based NPS Pharmaceuticals Inc., for $5.2 billion. Shire has not confirmed whether if any or all of NPS's 400 employees would be moved to its Lexington campus.

An affiliate of Waltham, MA-based Hobbs Brook Management acquired the Two Ledgemont property in 2012. A former BOMA Building of the Year winner, the building occupies a 36-acre site next to the Rt. 2 and Rt. 128 intersection in Boston's Lexington/Arlington submarket.

Robert Richards and Brian Cohen of Transwestern RBJ represented Shire in lease negotiations and secured interim office space at 235 Wyman St. for the company's near-term growth plans. Chip Batchelder, managing director of Wyman Street Advisors, represented Hobbs Brook Management in the Shire transaction. By Bryce Meyers

Simpson Thacher will be joined by Herman Miller after the office furniture retailer agreed to become the new building's retail anchor tenant, leasing 11,030 square feet.

900 G St. is within walking distance of the Verizon Center and offers immediate access to the Gallery Place/Chinatown Metro Station. The building is expected to qualify for LEED Certified Gold status.

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Office Lease Up (Jan. 26) AmSurg Signs for 222,000-SF South Florida HQs

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January 26, 2015 at 4:47 pm by Mr HomeBuilder
Category: Office Building Construction