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Fourth Power Comes to Advanced Manufacturing Campus in Bedford
Newmark arranged a new 47,500-square-foot lease for energy sustainability and grid resilience company Fourth Power at 44 Middlesex, a newly delivered, 147,000-square-foot, advanced manufacturing campus located at 44 Middlesex Tpke. in Bedford, MA. Executive managing directors Torin Taylor, Rich Ruggiero, Matt Adams and Tyler McGrail and senior managing director Rory Walsh represented landlords Camber Development and Wheelock Street Capital. Rob Glor and Michael Goodwin of Rise73 represented the tenant.
“Fourth Power is exactly the type of innovative, advanced manufacturing user 44 Middlesex was built to attract,” said Taylor. “With robust power capacity, flexible floorplates and proximity to Greater Boston’s talent base, the campus is well-suited for companies operating at the intersection of energy technology, manufacturing and life sciences.”
Fourth Power anticipates moving into the new space in summer 2026. The technology Fourth Power is commercializing, a long-duration thermal energy storage system, spun out of MIT, where its founder is a professor. It’s backed by Munich Re Ventures, DCVC and Bill Gates’ Breakthrough Energy Ventures.
- ◦Lease
