Littleton, MA –Lupoli Companies announced one of the larger commercial lease deals in the region at their 550 King Street mixed-use redevelopment project in Littleton, MA.
HIPER Global, a world-class computer hardware manufacturer, designs and delivers tailored solutions for leading tech and defense companies on a global scale. The company is committing to 72,500 square feet of space at 550 King Street for its new U.S. headquarters.
HIPER Global recently completed a much larger facility for its Atlanta area location and is now focused on growing its Massachusetts location with additional capabilities, including an integrated data center for its key customers. The Littleton location also allows HIPER Global to significantly expand capabilities as needed for its continued growth.
The Company’s decision to move underscores the appeal of King Street Crossing as a premier location for cutting-edge enterprises and helps bring a spotlight to the 50-acre, master-plan approved redevelopment vision of the Lupoli Companies. The property is strategically positioned just minutes from the MBTA commuter rail to Boston and within easy reach via I-495 of New Hampshire, Worcester, and Boston. Once complete, King Street Crossing will include over 1,000 units of new housing, 115,000 SF of retail, a 150 key flagship hotel and more than 600,000 SF lab/office/innovation space.
“We are thrilled to welcome HIPER Global as our tenant in Littleton,” said Sal Lupoli, CEO and President, Lupoli Companies. “This marks a pivotal moment in our commitment to revitalizing urban and suburban landscapes and creating vibrant, inclusive communities across Massachusetts and beyond.”
Jim Reinhold, CEO of HIPER Global US stated, “We are excited to join King Street Crossing, which aligns perfectly with our vision for growth and innovation. Sal Lupoli and Lupoli companies are amazing partners. They share our vision for success and support of our employees, customers, partners, and the local community. This development represents more than just office space; it embodies a forward-thinking environment where technology and community converge.”
Lupoli Companies received master plan approval for the 50-acre mixed-use development project at 550 King Street and plans to develop 2.3 million SF to include 1,089 residential units, 90,000 SF of R&D/lab space, a 150-room flagship hotel and 115,000 SF of retail/restaurant space. Along with HIPER Global, Lupoli has several other potential tenants in lease discussions for the existing buildings.
King Street Crossing will also provide many acres of open space for events and community gatherings. The project plans include a new Town Hall for the city of Littleton, one of the most sought-after communities to live in outside of Boston.
