NextShift Robotics Relocates Headquarters-Operations to Lowell, Massachusetts
03/02/2018
The new location will also house its Robotics Test Center where their engineers will manufacture and test their material handling systems, according to Cresa, a commercial real estate firm that structured the lease.
Nearly doubling the size of their former site in Billerica, the new space offers NextShift Robotics the ability to expand operations as the company grows, Cresa officials said.
"A successful seed funding round combined with this move represents a new chapter for us as we continue to grow and develop autonomous warehouse robots. We are excited about our patented technology that can transform fulfillment for the rapidly growing e-Commerce industry," said Mary Ellen Sparrow, CEO and co-founder of NextShift Robotics.
"Cresa representatives showed us a number of properties that met our budget, location requirements and fit within our tight timeline. They were knowledgeable about the market, properties available and the requirements we have as a startup company. Lowell has a growing tech community with business resources that are attractive to start-ups. We look forward to settling in and welcoming additional team members to our new space,” she added.
Easily accessible from Routes 495 and 3, the Cross River Center is an 836,000 SF mixed-use research and development building located at 1001 Pawtucket Boulevard. The building provides a full-service cafeteria, conference facilities, a fitness center, ample loading facilities and on-site parking.
"It was a pleasure to work with NextShift Robotics. We successfully worked together under a tight turnaround time of only 30 days to select a site and execute a lease," said Joseph Doyle, Principal at Cresa. "With ample amenities and favorable lease terms, the Cross River Center will allow NextShift Robotics the space and flexibility needed to position itself for future growth."
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