Ascend Elements, a leading company specializing in sustainable lithium-ion battery materials, has recently secured a lease for a 101,000-square-foot building at 39 Jackson Road in the Pathway Devens campus developed by King Street Properties. This marks the complete occupancy of the first phase of this development located in Devens, Massachusetts.
The new location will serve as Ascend Elements’ global headquarters and technology center. In addition to this lease agreement, the company is also underway with constructing a state-of-the-art manufacturing facility worth $1 billion in Kentucky. Their innovative Hydro-to-Cathode direct precursor synthesis technology has received significant funding from various sources including the U.S Department of Energy and private investors.
Representing Ascend Elements were John Carroll III and Kevin Brawley from Colliers while Brian McKenzie and Alex Plaistead from CBRE represented King Street Properties during negotiations for this transaction.
This news highlights another milestone achieved by Ascend Elements as they continue to expand their operations nationwide.
