CBRE Arranges 28,000 SF Workplace/Lab Lease for Vaisala at GenLabs in Burlington, MA

Boston – In a transaction organized by CBRE, Vaisala, a public firm (VAIAS.HE) which is a worldwide chief in climate, environmental and industrial measurements headquartered in Vantaa, Finland, has inked a 28,000 sq.-ft. lease for workplace and lab house at GenLabs’ 3 Van de Graaff Drive in Burlington, MA.

Vaisala will relocate its US places of work from 12 Gill Road in Woburn, MA, and can occupy a part of the primary ground of the 320,000 sq.-ft. Class A life science campus positioned within the main lab and tech hub of Burlington. 

The CBRE group of Alex Plaisted, Ryan Romano and Christian Vallis was instrumental in bringing the deal along with Vaisala and possession, Jumbo Capital and funds managed by Apollo (NYSE: APO).

“As a worldwide firm, Vaisala needed to replace its operations within the highest high quality lab house that higher matched its picture,” stated Mr. Plaisted. “GenLabs met all of Vaisala’s necessities as one of many premier life science properties within the area, in addition to its shut proximity to quite a few transportation choices and facilities in Burlington.” 

GenLabs prominently overlooks Interstate 95, one of the vital traveled interstates on the East Coast, and is lower than 5 minutes from the Burlington Mall (1.5 miles) and third Ave/Middlesex Turnpike, providing all kinds of eating places, retail, service and life-style choices. The campus is a brief stroll away from Wayside Commons and affords direct MBTA bus entry from Van de Graaff Drive to Boston and Cambridge. 

The campus is finalizing its life science conversion on the finish of this 12 months, together with a brand-new foyer and entrance, in addition to  onsite facilities.  This best-in-class amenity package deal contains an up to date café, newly created collaboration space and board room, a gaming space with golf simulator, and a brand new state-of-the-art health middle.

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