Steven M. Purpura, partner of Richards Barry Joyce &Partners, represented Metabolix in the transaction, while GregLucas of CB Richard Ellis/Lynch Murphy Walsh Advisors representedproperty owner Lyme Properties.
Jim Barber, president and CEO of Metabolix, notes that havingthe "proper laboratory and office space is a vital considerationfor our company's success, and will enable us to expand andaccelerate our commercialization work."
Purpura points out that the building is a good fit for Metabolixdue to its location, the fact that it offers existing laboratoryspace and a property owner with a history of working with growingbiotech tenants.
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