International MedTech company Dräger Medical Systems has signed a 128,000-square-foot lease renewal for its North American headquarters at 6 Tech Drive in Andover. Dräger plans to complete a full refurbishment of the facility over the next 18 months.
Michael Dalton, Blake Baldwin, Sharon Joyce, Deanne Munger and Joel Schur of Cushman & Wakefield represented Dräger in the transaction, with landlords Novaya Real Estate Ventures and Wheelock Street Capital.
“Over the past 10 years, we have thrived with our corporate headquarters based in Andover and the Greater Merrimack Valley,” said Bill Nicholson, director of operations at Dräger. “We look forward to advancing our company, our people and our products alongside the continued growth of the tech sector in this region.”