News + Press

Novaya Real Estate Ventures Acquires 700,000 Sf Flex/industrial Portfolio 800 400 Novaya Ventures

Novaya Real Estate Ventures Acquires 700,000 Sf Flex/industrial Portfolio

Novaya Real Estate Ventures has acquired nine flex/industrial buildings from Wakefield Investments consisting of 700,000 SF in Wilmington, MA, Billerica, MA, and Londonderry, NH. Novaya closed on the first phase of the transaction in December 2018, which included five buildings located in Billerica, MA and Londonderry, NH. Novaya closed on the remaining Wilmington properties in June 2019, completing the second…

Dräger Medical Systems Signs 128K-SF Lease Renewal in Andover 820 510 Novaya Ventures

Dräger Medical Systems Signs 128K-SF Lease Renewal in Andover

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…

NOVAYA REAL ESTATE VENTURES LEASES 119,000 SF OF CLASS A INDUSTRIAL SPACE TO BAE SYSTEMS 1425 951 Novaya Ventures

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…

Novaya Real Estate Ventures Leases 62,000 Sf of Office Space to Spire Printing in Peabody, MA 801 353 Novaya Ventures

Novaya Real Estate Ventures Leases 62,000 Sf of Office Space to Spire Printing in Peabody, MA

Novaya Real Estate Ventures leased 62,000 SF of office space to Spire Printing at 1 First Avenue in Peabody. The lease represents Spire’s relocation from their metro-Boston location at 85 Bay Street to the North Shore. Shawn Hawthorne, Vice President of Asset Management at Novaya Real Estate Ventures, notes “This deal reflects a true transition…

Novaya Foxfield Buys 20 Acres of Land in Elizabethtown, PA to Develop 200,000 SF of Class A Industrial Space 831 553 Novaya Ventures

Novaya Foxfield Buys 20 Acres of Land in Elizabethtown, PA to Develop 200,000 SF of Class A Industrial Space

August 7, 2019 – Novaya Foxfield Industrial (NFI), the Mid-Atlantic industrial arm of Novaya Real Estate Ventures, purchased 20 acres of land on Zeager Road in the Conwego Industrial Park.   NFI is currently under construction, developing two industrial warehouses totaling 200,000 SF.  The buildings will boast state of the art concrete panel construction, 32’ clear…

HFF announces $23.58M acquisition financing for 4-building industrial portfolio near Philadelphia 800 534 Novaya Ventures

HFF announces $23.58M acquisition financing for 4-building industrial portfolio near Philadelphia

PHILADELPHIA, PA – December 19, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $23.58 million financing for Eddystone Industrial Park, a four-building industrial park totaling 465,680 square feet in the Philadelphia-area community of Eddystone, Pennsylvania. The HFF debt team worked on behalf of Foxfield Industrial, a joint venture between Novaya Real Estate Ventures (Novaya)…

Foxfield Industrial Acquires 455,602 SF Warehouse in Northeast Atlanta 800 600 Novaya Ventures

Foxfield Industrial Acquires 455,602 SF Warehouse in Northeast Atlanta

October 19, 2018 – Novaya Foxfield Industrial LLC (Foxfield) announces its first acquisition in the Southeastern United States: a 455,602 SF high-bay warehouse for $16,320,000. The building is located at 1001 Cherry Drive, Braselton, GA on 30.5 acres, and features high profile visibility from I-85 as well as immediate access to the interstate via exit…

Foxfield Industrail Announces 500,000 SF of Leasing 796 310 Novaya Ventures

Foxfield Industrail Announces 500,000 SF of Leasing

October 17, 2017 – Novaya Foxfield Industrial LLC (Foxfield) had a busy summer of leasing, completing the following new leases, renewals and relocations totaling over 500,000 square feet: AmeriPac, Inc. signed a new 178,600 SF lease at 4500 Westport Drive, Mechanicsburg, PA. Ameripac’s commitment to this industrial facility and the greater Harrisburg industrial market illustrates…

1.5 million s/f XMBLY development receives master plan approval 800 489 Novaya Ventures

1.5 million s/f XMBLY development receives master plan approval

Somerville, MA  The Somerville Planning Board gave unanimous approval to XMBLY, a 1.5 million s/f mixed-use development in the Assembly Sq. neighborhood. XMBLY has been designed to create destination office/lab space in a neighborhood that has become known primarily for retail and residential uses. The mixed-use plan also calls for an additional 489 units of residential,…