Three Office Leases Signed at 55 Technology Drive, Lowell, MA
BISWIRE/Oct. 11, 2023 — Eastport Real Estate Services is pleased to announce the signing of three leases at 55 Technology Drive in Lowell, Massachusetts. The building is 90% occupied with only one 8,800sf suite remaining.
New Leaf Energy, a prominent player in the solar, wind and energy storage sector expanded to 17,500 square feet and committed to a five-year term with significant updates and improvements currently underway.
Diagnosys, a global leader in diagnostic solutions for vision testing, has also extended their lease at the property. The five-year extension encompasses 13,400 square feet of engineering and manufacturing space with planned upgrades to the space coming in 2024.
Finally, Contract Logix, a pioneer in contract lifecycle management software solutions, has renewed its commitment to 55 Technology Drive with a three-year lease extension. The company will continue to occupy 3,750 square feet of office space.
Mike Jaffe, Vice President of Eastport Real Estate Services, represented 55 Technology Drive on all three deals. "In a challenging leasing environment we are excited to announce the extension and expansion of three key tenants at 55 Technology Drive and we look forward to working with the people at Contract Logix, Diagnosys, and New Leaf”
55 Technology Drive is a modern building offering a convenient location with easy access to Rte. 3 and 495. The building offers high-end finishes in offices and in the common areas as well as a shared dual loading dock available to all tenants. The property has one remaining space, a beautifully built-out first floor suite that can serve as traditional or medical office or could be modified to add a dedicated overhead door to serve a flex user.
About Legacy: Legacy Real Estate Ventures, based in the South End of Boston, owns a portfolio of twenty-three office, medical and flex properties throughout Massachusetts and in the Providence and Philadelphia markets. (www.legacyrev.com)
About Eastport Real Estate Services: Eastport Real Estate Services is a property management and consulting firm with a singular intent: to create, enhance and preserve value for our clients. Eastport manages a wide range of property types, including commercial, retail, medical, and office/medical condominiums throughout New England. In addition to third party management services, Eastport also offers: brokerage coordination, development and acquisition, accounting, roving maintenance services, construction and capital coordination and asset management services. Founded in 1995, Eastport Real Estate Services is located at 107 Audubon Road, 2-301, Wakefield, MA 01880.
For media inquiries or more information about 55 Technology Drive, please contact Jen Price 508-314-2120 or JPrice@Legacyrev.com.
