WAYLAND, MA– R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, today announced that it negotiated two new lab leases in Waltham and Woburn, MA, totaling 11,194 square feet.
Blue Martin Laboratories, a biomedical company specializing in the development of innovative healthcare methods, leased 5,385 square feet of lab space at 100 Trade Center in Woburn. R. W. Holmes Vice President Mike Ogasapian represented the tenant in the transaction. Mike Truesdale of Cummings Properties represented the landlord, Cummings Properties.
Quantum Diamond, which has developed atom-sized quantum sensors in diamonds, functioning under the hardest conditions, leased 5,811 square feet of lab space at 1466 Main Street in Waltham, MA. R. W. Holmes, Director of Corporate Services Elizabeth Holmes, and Managing Director Dean Blackey represented the landlord, Legacy Real Estate Ventures. James Tambone of Lincoln Properties represented the tenant in the transaction.
“There is a growing demand for lab space ranging between 5,000 and 15,000 square feet across Greater Boston,” said Ms. Holmes. “Despite a slight slowdown in the Life Sciences market, demand for small labs remains strong.”