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News release

BOSTON, MA

Hologic, Inc. Selects JLL as Sub-Leasing Agent for 35 Crosby Drive in Bedford, MA

207,000 SF of availability at former executive office, manufacturing and R&D space


BOSTON, AUG 17, 2015 – JLL announced today that it has been selected by Hologic, Inc. as the exclusive sub-leasing agent for 35 Crosby Drive, a 207,000 SF office building in Bedford, Massachusetts. The owner of 35 Crosby is W. P. Carey Inc.

Located in the heart of the Route 128 Tech Corridor, with visibility from Route 3 and access at Exit 26, 35 Crosby Drive offers tremendous accessibility to Massachusetts’ major highways and surrounding retail destinations. Formerly used as Hologic’ s executive office, manufacturing and R&D space, the building is a modern facility that can accommodate a variety of uses for today’s evolving tenant base, whether it be a new corporate headquarters or a multi tenanted office building with common amenities.

JLL will work closely with Hologic, Inc. to sublet the three-story office building to tenants looking for a state-of-the-art space with convenient on/off highway access and a vibrant corporate, retail and residential environment on a long-term basis.

“This is an exceptional opportunity for a cross-section of traditional financial service, investment, and high tech tenants to secure a first class property offering state of the art improvements and infrastructure at very attractive lease rates. It is rare to find a 207,000 SF contiguous block of space in such a constrained market that is as desirable as Burlington and Route 128 are today.” said JLL Managing Director Bill Bailey. The JLL leasing and marketing team consists of Bill Bailey, Managing Directors Matt Daniels and Chris Lawrence, and Senior Vice President Chris Decembrele.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $56.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

About Hologic, Inc.
Hologic, Inc. is a leading developer, manufacturer and supplier of premium molecular diagnostic products and services that are used to diagnose human diseases, screen donated human blood and to aid in biomedical research. Hologic is also a leader in the development, manufacturing and sales of medical imaging systems and biopsy devices as well as surgical and treatment products. For more information, visit www.hologic.com.

About W.P. Carey Inc.
W. P. Carey Inc. is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At June 30, 2015, the Company had an enterprise value of approximately $10.4 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded publicly registered investment programs with assets under management of approximately $10.4 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades. For more information, visit www.wpcarey.com.