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Boston & New England  + Metro Boston  + Industrial  | 
Camber Development and Wheelock Street Capital have agreed to a 30,665-square-foot R&D lease with tenant ASMPT AEi in the Axis Park North campus in Billerica, MA.

Camber Development, Wheelock Street Capital Sign R&D Tenant to 31K-SF in Billerica’s Axis Park North

A partnership between Boston-based Camber Development and Wheelock Street Capital have agreed to a 30,665-square-foot R&D lease with tenant ASMPT AEi at 101 Billerica Avenue in the Axis Park North campus in Billerica, MA.

Kevin Kennedy and Tom Hovey of CBRE represented the ASMPT AEi , an automotive camera active alignment manufacturer.

Rory Walsh, Richard Ruggiero, Torin Taylor and Matthew Adams of Newmark represented Camber Development, a real estate investor and operator, and Greenwich, CT-based Wheelock Street Capital, private real estate investment firm, in the transaction. Over the past twelve months, the team has leased over 130,000 square feet at the campus on behalf of the landlord.

“The ongoing leasing activity and interest we have seen at Axis Part North underscores the continued strength of and demand for highly functional R&D/flex product in Boston’s North submarket,” said Walsh.

Axis Park North is a 38-acre, master-planned R&D/flex/office campus featuring six buildings that total 450,000 square feet.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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