Alsym Energy, a battery manufacturer based in Woburn, has recently signed a 60,000-square-foot lease with real estate developer Berkeley Investments and their partner Singerman Real Estate. This move will allow Alsym to expand its operations to Exchange 200 in Malden, MA.
The new location at Exchange 200 will serve as Alsym’s official headquarters while still maintaining operations at their existing facility in Woburn. This expansion marks the largest lease signing at the building and one of the biggest cleantech lab leases signed in Greater Boston this year.
The leasing deal was facilitated by JLL’s team consisting of Molly Heath, Chris McCauley and Anslee Krouch who represented Berkeley and Singerman. “Exchange 200 continues to be an attractive option for a diverse range of tenants,” said Heath. “With spec lab suites available for young companies looking to invest more into their teams and R&D as well as shell space on lower floors that can be customized for specific needs or future growth.”
Representing Alsym Energy were Bill Lynch and Caroline Evans from Colliers International.
This relocation is another step forward for both Alsym Energy’s growth plans as well as the development potential of Exchange 200 which offers flexible options tailored towards various tenant requirements.
