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Fri, Jul 1
A Compendium of Property & Capital News
Jul 1
A Compendium of Property & Capital News

C&W Inks 100,000-SF Lease for Hilco’s New Braintree Life Science Prop to Integra LifeSciences

May 17, 2022
400 Wood Road, Braintree MA

BRAINTREE — Cushman & Wakefield recently arranged a long-term, 100,000 square-foot lease for Integra LifeSciences, a medical technology company, at 400 Wood Road in Braintree. Cushman represented both the tenant and landlord in the transaction.

Integra LifeSciences will be the first tenant in the newly redeveloped state-of-the-art life science facility where the company plans to manufacture surgical reconstruction devices. The company will invest significantly into the property and recently secured a tax increment financing agreement by the town of Braintree.

“Bringing a tenant of Integra’s caliber to 400 Wood Road brings our vision of the redevelopment to life. The property’s proximity to Boston and the MBTA Redline, major roadway networks, talented workforce, and extensive nearby amenities are the cornerstones of future life science innovation at the property,” said Andrew Chused, Hilco Redevelopment Partners’ Head of Investments.

Hilco Redevelopment purchased the 156,000-square-foot property in August 2019 with the foresight to convert the building into a destination for life science companies.

Cushman & Wakefield’s Pete Whoriskey, Rob Byrne and Duncan Gratton are marketing the remaining 56,000 square feet of available Class A space for lease. The property features 18-foot clear heights, two loading docks, ample power and an abundance of parking.