Vibalogics Signs 118 KSF Life Sciences Lease

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16 Nov 2020

The pharmaceutical company worked with property owner Lincoln Property Co. to create a 30-foot clear height space for its new location in Boxborough.

As seen in Commercial Property Executive
November 16, 2020

Vibalogics has selected a 292,513-square-foot building in Boxborough, Mass., for its latest location. The pharmaceuticals manufacturer signed a long-term lease for 118,000 square feet at Lincoln Property Co.’s 1414 Massachusetts Ave.

Colliers International’s Curtis Cole, John Carroll III, Tim Allen, Greg Klemmer, Kevin Brawley and Evan Gallagher advised Vibalogics, while Lincoln was represented in-house by Tim Latham and Chris Devaux. Cole told Commercial Property Executive that Vibalogics’ lease was for 15 years.

The property, constructed in 1983 and 1987, underwent multiple renovations in 2000, 2008 and 2011. The building previously served as the East Coast R&D headquarters for Cisco Systems, who made a $28 million investment into the property’s infrastructure improvements, according to Lincoln.


Before selecting 1414 Massachusetts Ave., Vibalogics began its search for a biomanufacturing space with the help of Colliers by looking throughout the East Coast. “The initial goal was to identify a building and [Vibalogics was] willing to consider any of the major life science markets on the East Coast,” Cole told CPE. “We evaluated each of those markets to determine if there is the appropriate building, a deal structure that makes sense and if there is a labor pool that is conducive for them to run their business.”

As a company that specializes in clean virotherapy manufacturing, Vibalogics had unique needs including specific clear heights, power and other programmatic needs. Curtis told CPE that Vibalogics was able to work with Lincoln in removing a portion of the building’s second floor to convert the space into a 30-foot clear space.

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Chris Devaux Landlord Representation Life Science Tim Latham