Avison Young Arranges 18,600-SF Lease for PureHoney Techs’ New HQ in Billerica

Boston — Avison Young’s Boston office has negotiated a new 18,568 SF lease on behalf of PureHoney Technologies, a pharmaceutical and biotech research center at 3 Federal Street in Billerica. PureHoney Technologies will relocate from its current headquarters at 44 Manning Road in the fourth quarter of 2021 to accommodate the firm’s growing business.

Kirk Weller and Jason Levendusky, of Avison Young’s Boston office, represented the tenant in the negotiations while Brian Tisbert of JLL represented the landlord, Rhino Capital.

“As PureHoney Technologies continues to grow and scale its business, its new headquarters at 3 Federal Street will provide premium office, research and lab space that accommodates its evolving needs as the company continues to conduct meaningful research in the biopharmaceutical space and acquire top talent,” said Weller. “This deal indicates the continued appetite by life science users and how this sector continues to be a key driver of activity in the Greater Boston area.”

Can Ozbal, PureHoney Technologies’ CEO, added, “As we continue to secure new business, our new headquarters location will support our research efforts and serve as a useful tool in tapping into the area’s local talent hub as we look to continue growing our team.”

PureHoney Technologies is a contract research organization that provides mass spectrometry and analytic services to clients in the biopharma industry.