WILMINGTON, MA — As first reported in the Boston Business Journal, Zoll Medical Corporation recently signed a lease to occupy 111,000 square feet of industrial and office space at the new Upton Crossing complex (38 Upton Drive) in Wilmington.
According to its website, Zoll develops and markets medical devices and software that help advance emergency care and save lives, including products for: defibrillation and cardiac monitoring, circulation enhancement and CPR feedback, supersaturated oxygen therapy, data management, ventilation, therapeutic temperature management, and sleep apnea diagnosis and treatment. Its parent company — the Asahi Kasei Group — employs 46,000 employees around the world.
The Upton Crossing complex is owned by The Davis Companies of Boston. JLL Capital Markets arranged the lease.
Davis secured $39.1 million in financing for the project. Construction began in July 2022.
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