Wilmington’s Symbotic Stays In Town, Renews Lease On Research Dr. Headquarters

Below is a press release from Novaya Real Estate Ventures:

WILMINGTON, MA — Novaya Real Estate Ventures has renewed a 60,000-square-foot lease with robotics company Symbotic in Wilmington.

Located at 200 Research Dr., the property is part of a four-building, flex portfolio consisting of 700,000 square feet that Novaya acquired this past summer.

Symbotic is a developer of robotics and software that delivers advanced automation solutions to increase the speed and efficiency of the supply chains for manufacturers, distributors and retailers of all sizes.

The property is approximately 16 miles north of Boston.

Novaya was represented by Matt Adams, Torin Taylor, Richard Ruggiero, and Rory Walsh at Newmark Knight Frank.

Symbotic was represented by Mike Ripp and Mark Reardon of CBRE .

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