EqualLogic Commits to 78,000-SF HQ Lease

NASHUA, NH-One of the state’s most promising technology firms has signed a 78,000-sf lease at 110 Spit Brook Rd. The transaction doubles the space to be occupied by EqualLogic Inc., a maker of data storage systems, and is among the largest office deals to be completed in southern New Hampshire this year.

Heretofore headquartered at 9 Townsend Rd. in Nashua, EqualLogic will move into a 250,000-sf building at 110 Spit Brook Rd., an office campus occupied and owned by Hewlett-Packard Corp. that is being repositioned as a multi-tenanted park. Located just off the first NH exit of Route 3, the 88-acre complex is also in the process of being sold by the California-based computer giant, as reported previously by GlobeSt.com.

Cushman & Wakefield’s Middle Markets Group is marketing 110 Spit Brook Rd. to potential buyers, and the real estate services firm is also exclusive leasing agent for the three-building complex. C&W broker Denis Dancoes represented the landlord in the EqualLogic lease, while brokers Joe Doyle and Joe Sciolla of Cresa Partners in Boston acted on behalf of the tenant. Specializing in corporate advisory work, Cresa Partners has been assisting EqualLogic in its search for a new headquarters during a three-pronged project management assignment.