Life sciences startup Mobius Biomedical relocates to Billerica, MA
The move adds to the rapidly growing ecosystem of life science companies along the Middlesex Turnpike
BOSTON, February 9, 2023 – JLL announced today that life sciences company Mobius Biomedical, a life sciences and biopharmaceutical manufacturing startup part of UMass Lowell’s Innovation Hub, signed a lease to relocate to 900 Middlesex Turnpike, Building 5, 47,572 square feet of Life Science and Advanced R&D space owned by Jumbo Capital in Billerica, MA. Mobius Medical will be leasing 23,315 square feet of space, adding to the vital and growing life science tenant profile along the Middlesex Turnpike.
Jumbo Capital and Mobius worked closely on this deal to mould a symbiotic relationship. “With support from our trusted consultants and expertise we were able to work closely with Mobius to conviction in their science and financial outlook” Said Nick Trocki, Senior Vice President and Asset manager for Jumbo. “Our goal is to provide the real estate means and needs for our Tenants to grow and thrive, this deal truly embodied this”
“Mobius move to Billerica is a testament to how as Greater Boston continues to lead the life science sector, newer companies are expanding to more suburban areas while remaining at the hub's core," said Zach Gramlich, Assistant Vice President at JLL. "And the growing ecosystem of life sciences companies along the turnpike speaks to how the first-class work environment in our region for new and existing life sciences companies to expand and thrive exists beyond the Boston and Cambridge life science hubs."
In a prime central location with easy access to and from the Middlesex Turnpike and Route 3, 900 Middlesex Turnpike building 5 is home to a variety of life science and advanced R&D companies including Altus enterprises, Amephenol Systems and now Mobius Biomedical.
The JLL team representing the landlord, Jumbo Capital, is comprised of Senior Managing Director Chris Lawrence and Assistant Vice President Zach Gramlich. Representing Mobius Biomedical is Chris Gorczyca, Managing Director at Savills.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $20.9 billion, operations in over 80 countries and a global workforce of more than 103,000 as of December 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.