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Defense Contractor Leases Flexible Space in Chelmsford
Hunneman Real Estate brokered an 11,248-square-foot, 12-year lease of CKM Real Estate’s 250 Apollo in Chelmsford, MA to Triton Systems, an advanced materials, coatings and systems engineering product development firm that has been a defense contractor for more than 30 years. To facilitate the move, 250 Apollo will undergo significant infrastructure upgrades to reflect the tenant’s unique needs.
“Securing this lease is a testament to CKM Real Estate’s creativity in navigating an extremely competitive market,” said Chris Curley, EVP at Hunneman. “The flexibility of 250 Apollo to adapt and accommodate a wide range of user types, including research and development space, flex uses and GMP through a fully permitted 50,000-rentable-square-foot expansion of the building serves as a key differentiator for tenants seeking dynamic spaces.”
Curley and Hunneman’s Ken Oppenheim and Mike Allen represented ownership. The two-floor, 143,215-square-foot 250 Apollo was constructed in 1986 and most recently renovated in 2020.
- ◦Lease