Motorola Expands Lexington Facility Following January Acquisition

Michael R. Frisoli, with Richards Barry Joyce & Partners of Boston, tells GlobeSt.com that the company doubled its space requirements at 45-55 Hayden Ave. in Lexington after acquiring Ucentric Systems Inc. in January. Uncentric, a media networking software provider, moves into the four-story, 200,000-sf class A office building in Hayden Woods Office Park this month. The Schaumberg, IL-based Motorola, which has been located in the building for more than five years, opted to stay in the property because of its location near Routes 2 and 128 and its amenities that include a full-service, in-house cafeteria, Frisoli says.

Terms of the lease were not disclosed. The building was acquired late last year by TA Associates Realty of Boston, which purchased the two-connected office buildings that comprise Hayden Woods Corporate Center. The realty firm purchased the fully leased property for $25 million from ING Clarion Partners. Frisoli and Ron Friedman, also with Richards Barry Joyce & Partners represented the building owner in the lease transaction. Motorola was represented by HSA Commercial Real Estate, of Chicago. Andy Sexson was the broker.