JLL ARRANGES 74,447 SF IN LEASES AT BALLARDVALE OFFICE PARK

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WILMINGTON, MASS. —Agfa Graphics, Kapa Biosystems, Security Innovation and Righter Group Inc. have signed long-term leases totaling 74,447 square feet of Class A office space at Ballardvale Office Park in suburban Boston. Agfa will continue to occupy 53,893 square feet on the first floor. Kapa Biosystems, which is relocating from Cunnings Park in Woburn, will occupy 9,203 square feet on the third floor of Building 1. Security Innovation has leased a 7,771-square-foot suite on the second floor of Building 4, and The Righter Group secured a 3,580-square-foot suite on the first floor. In the last six months, approximately 146,000 square feet has been leased at Ballardvale Office Park, bringing the four-building park to 75 percent occupancy. Buildings 3 and 4 are currently 86 percent leased. Matt Daniels, Brian Tisbert, Christopher Lawrence and Christopher Decembrele of Jones Lang LaSalle represented the building’s owners AEW Capital Management and Griffith Properties. Andrew Zezas of Real Estate Strategies Corp. represented Agfa. Decembrele and Daniels represented Kapa Biosystems. James Lipscomb of Richards Barry Joyce & Partners represented Security Innovation in its lease transaction, while Micah Stubblebine of the Stubblebine Co. represented Righter Group. The 550,000-square-foot Ballardvale Office Park is located at the interchange of Interstate 93 and Route 125 in Wilmington.

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