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BURLINGTON, MA-Tribotek Inc. is leasing 12,636 sf of research and development and flex space at 30 North Ave. The company, which designs and develops high-density power and data connectors, is relocating from Cambridge, MA. Lease rates for this deal were not available, but the average asking rent for similar space in this area is about $11 per sf, significantly less than similar space in Cambridge which averages in the mid $20s per sf.

Taryn Wilson, vice president, and Ellie Fantini, advisor, with Grubb & Ellis represented Tribotek in the transaction. The Nordbloom Co. represented property owner, MTP Limited Partnership.

“This property is a great fit for Tribotek,” notes Wilson. “They were looking to expand their operations and weren’t finding the manufacturing space that suited their needs in Cambridge. At 30 North Ave. in Burlington, the landlord was willing to build-out the space to meet Tribotek’s requirements.” The 60,000 sf two-story, industrial brick building is situated directly off the Middlesex Turnpike and is located one mile from the intersection of Routes 128 and 3.

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