Four leases totaling 87,700 square feet have been signed at Normandy Real Estate Partners’ Marlborough Technology Park in Marlborough.
The tenants in the transactions are Bitstream Inc., Mentor Graphics, MetroWest Medical Center and New Energy Alliance LLC.
John Lashar, partner, and Paul Leone, senior vice president, of commercial real estate firm Richards Barry Joyce & Partners (RBJ) represented Normandy Real Estate Partners in each of the four transactions.
RBJ is the exclusive leasing agent for Marlborough Technology Park.
As a result of these leases, two of the park’s seven buildings (100 Nickerson Road and 300 Nickerson Road) were brought to full occupancy.
Bitstream Inc. moved its corporate headquarters to 500 Nickerson Road from 245 First St. in Cambridge. Bitstream will occupy 26,801 square feet of office space on the second floor of the 82,423-square-foot building. Bitstream, a software development company, was represented by Cushman & Wakefield.
Mentor Graphics, an electronics company, signed a lease renewal for 16,376 square feet of office space at 300 Nickerson Road. The company occupies space on the 80,724-square-foot building’s second floor. Mentor Graphics was represented in the transaction by CresaPartners.
At 100 Nickerson Road, MetroWest Medical Center signed a new lease for 18,872 square feet of office space on the building’s first floor. The building totals 74,735 square feet of space. MetroWest Medical Center was represented in the transaction by Cushman & Wakefield. This represents a move from Framingham for this corporate office function.
New Energy Alliance (NEA) signed a new lease for 25,671 square feet of office space on the first floor of 300 Nickerson Road. NEA was represented in the transaction by CB Richard Ellis.
According to research by RBJ, the Interstate 495 west submarket consists of 17.2 million square feet of office space and was 18.4 percent vacant, as of the quarter ended June 30.
