Boston-based The Davis Companies (TDC) has recently signed leases totaling approximately 50,000 square feet of office space in Cambridge, maintaining its Cambridge portfolio’s 99 percent occupancy level.
The leases were executed with tenants at 201 Broadway and at the Henderson Carriage Building at 2067 Massachusetts Ave. in Cambridge.
At 201 Broadway, existing tenant Linguistic Systems Inc. has renewed its lease. Linguistic Systems Inc. (LSI), which provides language translation services nationwide, was represented by John Osten, senior vice president of Jones Lang LaSalle.
"We have been extremely happy with the building management and the property is impeccably maintained," LSI Founder and President Marty Roberts said. "We work with many clients in the biotech industry, so being in the Kendall Square area, with its high concentration of biotech firms, is an ideal location for our business, as well as being very convenient for our employees."
Radius Health Inc. and Percipio Media have signed new leases for office space for a total of approximately 20,000 square feet.
Radius Health Inc. is a pharmaceutical company developing new generation drug therapies for osteoporosis and women’s health. Colliers International Assistant Vice President Benjamin Coffin served as landlord broker and Radius was represented by Senior Vice President Tucker Hansen of Colliers International.
Percipio, an SEM-oriented media company which specializes in predictive modeling and optimization, was represented by Cushman & Wakefield Senior Director David Townsend. Coffin represented the landlord.
At the Henderson Carriage Building, Technical Education Research Centers Inc. (TERC), a tenant in the building for more than 20 years, renewed its lease for approximately 30,000 square feet on a long-term basis. Founded in 1965, TERC is a nonprofit education research and development organization dedicated to improving mathematics and science education. Cushman and Wakefield’s Mark Winters, executive director, and Townsend represented the tenant and Duncan Gilkey, senior vice president of leasing and asset management, represented the landlord.
"Maintaining strong tenant relationships is essential to our success. The relationships that we’ve developed with our tenants and our approach to them as key partners has enabled us to keep our buildings full," said Gilkey. "At nearly 100 percent leased, we consider ourselves very fortunate, particularly in these challenging times."
