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Dräger Medical Systems Signs 128K-SF Lease Renewal in Andover

International MedTech company Dräger Medical Systems has signed a 128,000-square-foot lease renewal for its North American headquarters at 6 Tech Drive in Andover. Dräger plans to complete a full refurbishment of the facility over the next 18 months.

Michael Dalton, Blake Baldwin, Sharon Joyce, Deanne Munger and Joel Schur of Cushman & Wakefield represented Dräger in the transaction, with landlords Novaya Real Estate Ventures and Wheelock Street Capital.

“Over the past 10 years, we have thrived with our corporate headquarters based in Andover and the Greater Merrimack Valley,” said Bill Nicholson, director of operations at Dräger. “We look forward to advancing our company, our people and our products alongside the continued growth of the tech sector in this region.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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