NOVAYA REAL ESTATE VENTURES LEASES 119,000 SF OF CLASS A INDUSTRIAL SPACE TO BAE SYSTEMS
AUGUST 15, 2019 – Novaya Real Estate Ventures announces the lease of approximately 119,000 SF of industrial space to BAE systems in Hudson, NH. BAE Systems will relocate from Merrimack, NH. The property, located at 36 Executive Drive in Hudson, NH, features 32’ clear height, 40×40 column spacing, and ample loading and trailer parking. There is approximately 95,000 SF of available space at the property.
“The lease-up of 36 Executive Drive reflects the scarcity of Class A industrial facilities North of Boston. We are pleased to forge a new partnership with BAE Systems and welcome them to Hudson” – Jeff Theobald, Principal at Novaya Real Estate Ventures.
Novaya Real Estate Ventures was represented by Newmark Knight Frank’s industrial team. BAE Systems was represented by Robert Rohrer and Andrew Robbins at Colliers International.
About Novaya Real Estate Ventures
Novaya Real Estate Ventures (www.novayaventures.com) was founded in 2011 by Jim Alden, Peter Carbone, Jeff Theobald and Scott Tully. To date, Novaya has transacted on over 9 million square feet of industrial, flex, office, residential and urban retail product with gross asset value in excess of $1B in partnership with several of the premier institutional and family office investors worldwide.
About BAE Systems
BAE Systems specializes in advanced defense technology that protects people and national security, and keeps critical information and infrastructure secure. The Company searches for new ways to provide our customers with a competitive edge across the air, maritime, land and cyber domains. BAE Systems employs a skilled workforce of 85,800 people in more than 40 countries, and work closely with local partners to support economic development by transferring knowledge, skills and technology.