JLL Represents Borrego Solar in Lowell Expansion
BOSTON– JLL announced that it represented Borrego Solar Systems Inc., a leading designer, developer, installer and financier of grid-tied solar photovoltaic systems, in relocating its Eastern U.S. headquarters to approximately 12,723 square feet of first class office space at 55 Technology Drive in Lowell, Mass. This expands their footprint by nearly 20 percent. JLL Senior Vice President Brian Tisbert, Executive Vice President Chris Lawrence and Associate Mike Ciummei assisted Borrego Solar in its relocation to the asset owned by Novaya Ventures.
“Borrego Solar is growing to meet increased demand for solar from customers nationwide,” said Brendan Neagle, COO of Borrego Solar. “We’ve had an office in the Lowell area since 2007 and finding a new space nearby that could accommodate our immediate and future growth projections was important in our ability to continue serving the market. We’re happy to be starting a new chapter at 55 Technology Drive.”
Located in the Drum Hill section of Lowell, 55 Technology Drive is a two-story 90,000 square foot office building in close proximity to numerous amenities. Borrego Solar will join Boston Scientific and Lowell 5 Savings as tenants in the park.
“We believe that an innovative company like Borrego Solar is complementary to the tenant base at 55 Technology and is a welcome addition to our portfolio,” said Peter Carbone, principal at Novaya. “It was a pleasure to work with their team to design a modern and collaborative environment, which we feel will serve their immediate and long term space needs well.”
“We’re excited for Borrego Solar to launch their new office headquarters,” said Brian Tisbert. “55 Technology Drive provides Borrego with an opportunity to expand and gives them a modern space design that supports its culture and future growth.”