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Raytheon has signed a seven-year lease for 134,000 square feet in an office and manufacturing complex in the Interstate 495 belt.

The Waltham-based defense contractor will occupy two floors of the 706,000-square-foot, LEED-certified Tewksbury property, owner Rubenstein Partners said in a statement.

The recently redesigned Center at Innovation Drive property, formerly known as 495 Business Center, is comprised of four conjoined buildings located at 200, 300, 400 and 500 Innovation Drive. Rubenstein recently completed interior and exterior renovations throughout the entire campus, including a complete revamp of the property’s entry and common areas, including the creation of an amenity center featuring a town-hall amphitheater, fitness center, cafe and collaboration spaces, as well as extensive site work and landscaping.

“Raytheon is a technology and innovation leader and we’re extremely pleased to announce their new long-term lease at the Center at Innovation Drive,” Rubensein Senior Vice President Peter Gottlieb said in a statement. “By repositioning the Center at Innovation Drive campus, we were able to unlock its hidden value. The campus is a special, differentiated offering in the market, and we are pleased to partner with cutting-edge tenants like Raytheon.”

Raytheon Inks 134K SF Lease in Tewksbury

by Banker & Tradesman time to read: 1 min
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