Merrimack, NH (Oct. 17) - Hackman Capital, Calare Properties and KBS Realty Advisors announced today that Nanocomp Technologies, Inc. has leased 64,480 square feet in Merrimack's Daniel Webster Industrial Center. The two building industrial park, part of the National Industrial Portfolio, is situated off the F.E. Everett Turnpike between Manchester and Nashua in Hillsborough County.
Nanocomp will be moving its facilities from Concord, New Hampshire to occupy two-thirds of the building at 57 Daniel Webster Highway.
"Nanocomp is an exciting and innovative company, making huge headway in the development of energy-saving materials and devices," said Phil Smith, the National Industrial Portfolio's Leasing Director. "We're thrilled the building could accommodate its needs, and we're excited to have them as a tenant."
Nanocomp, formed in 2004 as a spinoff of Synergy Innovations, Inc., leverages proprietary technology to produce long carbon nanotubes, which they also fabricated into structurally strong, electro-thermally conductive fibers, yarns and sheets. According to Nanocomp, the technology will revolutionize future production of energy-efficient automobiles, aircraft and space craft, as well as military armor and equipment. In addition, by replacing heavy metal conductors, the technology will significantly improve the efficiency of wireless devices, conductors for electronic interconnect, power transfer, motors, transformers and electronic-storage devices, as well as help create new, energy-efficient thermal management systems.
"Daniel Webster Industrial Center is the ideal location to support this state of the company's growth," said Smith. "The building provides Nanocomp with excellent highway accessibility, heavy power, ceiling heights up to 30 feet, plus the flexibility to house R&D, warehousing and distribution functions all in one place."
Daniel Webster Industrial Center offers a combined size of more than 500,000 square feet between its two buildings at 57 and 59 Daniel Webster Highway. The site, also located within an Economic Revitalization Zone, is represented by listing brokers Mark Reardon, Roger Dieker and Robert Le Clair of CB Richard Ellis.
"There's been a lot of recent activity at the site, as well as at our other New England properties in the portfolio," Phil Smith said. "That activity has culminated not only in the lease with Nanocomp, but also a 76,000 square foot lease with Pugent Sound, next door, at 59 Daniel Webster Highway, and a 190,000 square foot lease with another tenant at Southampton road Industrial Center in Westfield, Mass." According to Smith, additional leases are pending and will be announced soon.
The National Industrial Portfolio contains 31 industrial and office facilities, totaling 11.4 million square feet, in strategic locations across the country. The portfolio is owned by a joint venture among entities formed by Hackman Capital, Calare Properties, Inc. and KBS Real Estate Investment Trust (KBS REIT I).
For information regarding this press release, contact El Moriarty at 310-943-87185. For information about leasing space at Daniel Webster Industrial Center, contact Phil Smith at 978-568-0100, x112. For information about the Daniel Webster Industrial Center, click here.