MARLBOROUGH, MA-A molecular diagnostics firm will move its corporate headquarters from Allston in August. The firm will relocate its operations into 28,800 sf of office, lab, research and production space at 700 Nickerson Rd. The move more than triples the size of the firm.

IQuum’s relocation from approximately 8,500 sf at 214 Lincoln St. in Allston will put it closer to suburban Boston’s high-tech corridor and researchers at the University of Massachusetts Medical School, Paul Leone with Richards Barry Joyce & Partners’ Boston office tells GlobeSt.com.

The firm will be the only tenant in the 76,000-sf two-story Marlborough Corporate Place building, which was recently vacated by alarm and fire extinguisher maker, Kidde. Terms of the lease were not disclosed but Leone said per-sf rates for similar properties in the area are in the high teens gross.

Leone and colleagues Robert Richards and John Lashar handled the transaction for IQuum. The property’s owner, Glenborough Realty Trust of San Mateo, CA, was represented by Robert McGuire, senior vice president/partner of CB Richard Ellis, and Sam Potter of Glenborough.

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