"The property offered Zink Imaging the ideal layout to house both their global headquarters and their research and development functions," says Grubb & Ellis EVP Jack Kerrigan, who negotiated the lease on behalf of the tenant along with senior account manager Anne Flanagan. Besides being one of suburban Boston's most established corporate campuses, Bedford Business Park can accommodate Zink's long-term space requirements, explains Kerrigan.

Zink CEO Wendy Caswell says the park met her company's requirements for a new headquarters facility, praising G&E for its persistence in the space search that was conducted over the summer. "This Crosby Dr. location will support our quest to provide millions of customers with the magic of Zink Zero Ink products," says Caswell, whose two-year-old firm is the inventor and producer of "disruptive printing technology," a process that eliminates the need for ink cartridges or ribbons.

Boston Properties was represented in-house on the Zink lease negotiations by VP Stacey Baker. The 407,000-sf Bedford Business Park is situated at the junction of Routes 3 and 62, offering access to Route 128 just south of the property and to Interstate 93. The park is home to a number of high-tech tenants, having earlier this year also landed iRobot for its corporate headquarters, with that firm taking down nearly 160,000 sf.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.