Miraca Life Sciences Selects 30k sf of Office/Lab Space at Bulfinch’s Crawford Place for Expansion
NEEDHAM, MA — March 7, 2017—The Bulfinch Companies, Inc., a private real estate investment, development and management firm, today announced that Miraca Life Sciences has signed a 30,000 square foot lease at Crawford Place at 15 Crawford Street in Needham, Mass., bringing the asset to 100% fully leased. Bulfinch’s Senior Vice President and Director of Leasing, Michael Wilcox, served as the exclusive leasing broker. Miraca Life Sciences was represented by Transwestern’s Vice President, Christopher Mullen.
Headquartered in Irving, Texas, Miraca Life Sciences provides proven high-quality anatomic and clinical pathology services, serving more than 5,500 patients each day.. After experiencing recent growth in the northeast market, the company will move its operation from Newton Corporate Center at 320 Needham Street in Newton, Mass., to Crawford Place, where it will build out an expanded state-of the-art office and laboratory space.
“As a current tenant of Bulfinch, Miraca found an excellent venue within the Bulfinch portfolio to accommodate our continued growth.” said Richard Lash, MD, Chief Medical Officer and Executive Vice President of Operations for Miraca Life Sciences. “Crawford Place will allow Miraca to build a state-of-the-art laboratory and workspace that will ideally position Miraca for future growth in the Northeast.”
Crawford Place is a two-story, 40,752 square foot building situated immediately off I-95/Route 128 in the heart of the Central Route 128 market in the N2 Innovation District, Newton/Needham’s innovation hub and home to some of the nation’s fastest growing and well-known innovation companies such as Trip Advisor, Shark/Ninja, Big Belly Solar, Turbine, and PTC. With an ideal location, an open plan to make its own, a unique warehouse well-suited for conversion to lab, easy access, and tremendous Route 128 visibility, Crawford Place is a superior location for Miraca Life Sciences.
“We are extremely pleased to continue our long-term relationship of over 15 years with Miraca Life Sciences and that they have chosen to relocate within Bulfinch’s significant Needham/Newton real estate portfolio.” said Michael B. Wilcox, Senior Vice President and Director of Leasing at Bulfinch.