Wellington Tech Cluster Expands With 41K SF Lease

June 10th, 2020 | By Steve Adams, Banker & Tradesman Staff

A data company that works with life science companies on clinical drug trials is relocating from Charlestown to Medford’s One Cabot Road, part of an expanding tech cluster that’s attracted tenants including Amazon to the Orange Line north corridor.

Philadelphia-based ERT leased 41,000 square feet in the 309,000-square-foot office complex, which The Davis Cos. Of Boston acquired in 2015 for $53 million. The company will relocate in January from Hood Park in Charlestown.

Under Davis Cos. ownership, the property near Wellington Circle has attracted new tenants including AmazoniHeartMedia and Global Contact Services.

A capital improvement program designed by McMahon Architects including a lobby renovation, new coffee bar and updated lounge areas is scheduled for completion this summer.

Debra Gould, Rory Walsh and Juliette Reiter of Newmark Knight Frank represented The Davis Cos. ERT was represented by Jeff Baker and Matt George of Cresa.

To learn more about One Cabot, please visit: https://onecabot.com/