Foundation Alloy Moves to Woburn for First Dedicated Manufacturing HQ

Following its recent funding announcement, advanced metals company Foundation Alloy has selected 45 Industrial Pkwy. in Woburn, MA as the home of its first dedicated manufacturing headquarters. Relocating from MIT’s The Engine, the company has leased approximately 36,055 square feet, which will support the manufacturing, laboratory and research infrastructure needed to scale production and support its next phase of growth.

The transaction was arranged by Cushman & Wakefield’s Kevin McNamara, Ross Gaudet and Michael O’Leary, who represented Foundation Alloy. JLL’s Chelsea Andre, Rachel Marks and Chris Decembrele represented the landlord, Camber Development and Wheelock Street Capital.

“Foundation Alloy represents exactly the type of company driving the next generation of advanced manufacturing in Massachusetts,” said McNamara. “As companies transition from research and development into commercial-scale manufacturing, finding facilities with the right combination of power, infrastructure and flexibility becomes one of the biggest challenges to growth. 45 Industrial Parkway presented a rare opportunity to pair an exceptional building with an ownership group willing to invest alongside an innovative company.”

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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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