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Boston & New England  + Metro Boston  + Office  |  February 12, 2020
Paul Bubny
By: Paul Bubny

Biopharma Tenant Signs Up for 40K SF of R&D/Office Space

Eckert & Ziegler Radiopharma signed a 40,000-square-foot lease at 25 Upton Dr. in Wilmington, MA. Lincoln Property Company’s Rob Cronin and Jack Fisher represented the ownership, PGA Realty Company, and directly procured a full-building tenant for the R&D/office property.

The 10-year deal reinforces Eckert & Ziegler’s aggressive growth strategy and continued commitment to its Greater Boston client base. The biopharma tenant plans to move into its new space in the second quarter.

“Eckert & Ziegler Radiopharma was the ideal tenant for this flex/lab/office building,” said Cronin. “With convenient access to Boston at the intersection of I-93 and Route 125, Upton Drive has attracted a cluster of biotech and biopharma manufacturing companies. The I-93 corridor is one of the best performing flex industrial submarkets in Greater Boston, and has been the beneficiary of the surging market as tenants are forced to move north to find available space and pricing relief.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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