Engineered Materials Corp Relocates US HQ to 62,000 SF in Wilmington
Posted March 28, 2011
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Spinelli Commercial Properties has leased 62,000 square feet of R&D/manufacturing space at 17-57 Jonspin Road in Wilmington to Engineered Materials Corporation, a subsidiary of Vancouver-based IBC Advanced Alloys Corporation (TSX-V: IB). The company expects to fully occupy the North Wilmington Business Park space and commence production in the second quarter of 2011.
Jack Kerrigan, executive vice president, and Paul Delaney, associate vice president, both of Grubb & Ellis Company's (NYSE: GBE) office group, facilitated the transaction on behalf of the landlord, Spinelli Commercial Properties. Steve James and Jim Boudrot of NAI Hunnerman represented the tenant. Rachele DePamphilis, the CEO of Spinelli Properties, was also instrumental in the transaction.
The lease represents a U.S. headquarters relocation and expansion for the advanced materials manufacturer.
Totaling 350,000 square feet in six buildings, North Wilmington Business Park features office, flex and warehouse space. Located 20 minutes from Boston and Cambridge, the property is accessible from I-93 via Route 125 and Andover Street and is within minutes of I-495 and I-95.
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