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BTU Int’l Leases Former Puma Headquarters
Avison Young arranged a 10-year lease to support the relocation of BTU International to a 57,000-square-foot mixed-use facility at 10 Lyberty Way in Westford, MA, formerly the headquarters for Puma. The relocation aims to reduce the manufacturer’s footprint for a more agile operation. BTU now occupies 123,000 square feet at 23 Esquire Rd. in Billerica, MA, which was sold to a developer for repositioning.
BTU was represented by principals Michael Dalton and Jason Levendusky and associate Jay Carnevale, based in Avison Young’s Boston office. Avison Young’s Brandon Needleman, Conor Stuhrcke and Lindsey Head provided project management services.
“BTU was looking for a needle in a haystack, in terms of comparative properties, and by adding multiple service lines, including our Project Management and Market Intelligence team, we were able to provide a data-driven search for our client, with nothing but positives along the way,” said Dalton.
- ◦Lease