BOSTON– Cushman & Wakefield announced that the real estate services firm has facilitated a new lease at an office and R&D building located at One Monarch Dr. in Littleton, Massachusetts.
KEA Technologies will occupy 20,364 square feet (sf) at the building for the next six years.
Cushman & Wakefield represented the landlord, Gebsco Realty Group, and Greater Boston Commercial Properties represented the tenant, KEA, in the transaction.
“We’re thrilled to see KEA Technologies, Inc. committing to this area,” said Chuck Katz president of Gebsco. “They are growing exponentially so relocating from Marlborough to One Monarch Drive will accommodate their current and future plans for expansion.”
“After what can only be described as a tumultuous year for everyone, we are eager to help our employees and customers return to normalcy, including working in and visiting our new office space and labs,” said Dr. Bud Zaouk, founder & CEO, KEA Technologies. “I’m proud that we weathered the storm together and have continued to grow to the extent that we are expanding our office and lab space. We look forward to many years in this spacious and welcoming building.”
The property is approximately 100,000 sf and is undergoing a significant common area renovation. The property is located in a campus environment and has a number of amenities available to tenants including an on-site café, fitness center, outside amenities (including a new deck off the dining room), a large open meeting area and plenty of parking. It is also easily accessible at the intersections of I-495 and Route 2.