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NYPRO SIGNS 205,095 SF LEASE AT INDUSTRIAL BUILDING IN DEVENS

DEVENS, MASS. — Healthcare supplies manufacturer Nypro is moving into part of a 448,000-square-foot factory in Devens that was previously occupied by solar panel manufacturer Evergreen Solar. Nypro has signed a lease for 205,095 square feet at the industrial building, located at 112 Barnum Road, about 45 miles west of Boston. Two private equity firms, Los-Angeles-based Hackman Capital and Hudson, Mass.-based Calare Properties, bought the plant out of Evergreen's bankruptcy in April of last year for $8.5 million. Nypro will occupy approximately half of the building, while Saint-Gobain, a worldwide manufacturer of industrial crystals and ceramics systems, will continue to occupy the other half. Headquartered in Clinton, Mass., worker-owned Nypro was acquired in February by Jabil Circuit for $665 million, according to the Boston Business Journal.

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