NORTH READING, MA-Kiva Systems is picking up shop and headingdown the highway, agreeing to take the majority of 300 RiverparkDr. here. The systems company is packing up its Woburn, MAheadquarters and agreeing to take 163,000 square feet for eightyears in the two-story office and manufacturing facility.

The property is one of a tandem of buildings owned by SanFrancisco-based DivcoWest and Boston-headquartered TaurusInvestment Holdings. The pair of companies own 300 & 400Riverpark Dr. located on 34.4 acres of an office/industrial/lightmanufacturing campus off I-93. The campus totals 950,000 squarefeet, of which the four-story 400 Riverpark accounts for 150,000square feet and together with 300 Riverpark together total 359,000square feet. Asking rent for 400 Riverpark is $19.50 persquare foot.

The pair of properties was purchased by DivcoWest and Taurus inSeptember 2008 from Teradyne, which remains a tenant. CB RichardEllis' David Pergola and Jason Levendusky repped DivcoWest andTaurus in the lease, while Jones Lang LaSalle's Brooks Murphy andSean Lynch represented Kiva. Inquiries to CBRE were not returned bydeadline.