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Laser Manufacturer Renews 147K SF Bedford Lease

Jul 2, 2018 | Reprints | Unlock Link

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A manufacturer of optical systems used in the health care and advanced manufacturing industries has renewed a large lease in Bedford for its corporate headquarters.

Novanta Inc. signed a long-term extension for 147,371 square feet at 125 Middlesex Turnpike, a single-story flex and office building owned by Mohawk Partners LLC. The facility employs more than 400 people. Novanta, which reported 2017 revenues of $521.3 million, develops photonics, vision and precision motion equipment.

Newmark Knight Frank’s Rich Ruggiero, Torin Taylor, Matthew Adams, Rory Walsh, Ross Gaudet and Liz McNeill represented ownership in the transaction.

B&T Daily