BOSTON, MA – Metabolix, Inc., an advanced biomaterials company focused on sustainable solutions for the plastics industry, has signed a 10-year lease agreement for 30,000 square feet of state-of-the-art laboratory and office space at 19 Presidential Way in Woburn, MA.
Metabolix, who will exit its current space in Cambridge, expects to take occupancy of its new corporate headquarters in June 2016. JLL represented Metabolix in the lease transaction.
“Access to the vibrant biotechnology community of Greater Boston was an important factor in evaluating re-location options,” said Joseph Shaulson, president and CEO of Metabolix. “With the new space in Woburn, we will be able to upgrade and expand our biopolymer applications development lab to support customer projects as we continue to ramp up our PHA biopolymer market development activities and work to transition from pilot scale to commercial scale operations. The move also allows us to reduce our overall footprint as we consolidate our Massachusetts operations into 19 Presidential Way and significantly reduce facilities-related leasing and operating costs starting in 2017.”
According to JLL Executive Vice President Don Domoretsky: “Metabolix’s relocation to the growing north suburban bio-hub of Woburn is a win-win scenario. Metabolix remains firmly supplanted within the world’s leading life science cluster while benefiting from a reduction in operating spend and an upgrade in operations.”
As part of the relocation, Metabolix also plans to exit office space it currently occupies in Lowell, Massachusetts in May 2017 and to consolidate its biopolymers sales, marketing and administrative offices and biopolymers research and development laboratories in the new Woburn facility. The new laboratory facilities will include a microbial fermentation lab and an expanded biopolymers applications development lab. Pending the spinout of its Yield10 crop science program, Metabolix will also relocate its Massachusetts based crop science laboratory and personnel to the new facility in Woburn.