Campanelli, a company specializing in commercial real estate development, acquisition, and construction management, in collaboration with the private equity firm TriGate Capital, has recently announced a significant development. A 15-year, full-building lease agreement with renewal options has been signed with Moderna Therapeutics at Upland in Norwood.
Moderna intends to establish an mRNA clinical manufacturing facility within the 200,000-square-foot building situated at 100 Tech Drive. The leasing process was facilitated by the Newmark Grubb Knight Frank team, comprising leasing agents Mike Frisoli, Taryn Wilson, and Matt Morgan. JLL Managing Directors Peter Bekarian and Tom Kent, along with Executive Vice President Don Domoretsky, represented Moderna during the negotiation.
The Norwood facility by Moderna is designed to support the advancement of the company’s mRNA pipeline, spanning from development candidate nomination to human proof-of-concept. This site will play a crucial role in the manufacturing, quality control, and supply of clinical-grade mRNA therapies and vaccines. It will cater to good laboratory practices in toxicology studies, as well as phase 1 and phase 2 clinical studies. The initial construction of the facility is scheduled to commence in October 2016, with plans for its official opening in early 2018.
THIS DAY IN NORWOOD HISTORY
Dean Street Elderly Housing Project Refiled Under Chapter 40B as Board Seeks Attorney General Zoning Ruling-August 23, 1977
Developer Richard Vazza refiles his $2 million Dean Street elderly housing complex under Massachusetts Chapter 40B anti-snob zoning laws. The Norwood Appeals Board seeks an emergency ruling from the state attorney general to clarify conflicting zoning use variance powers.
Norwood Scrapbook-August 3
A comprehensive daily compilation of historical news from Norwood, Massachusetts on August 3. Featuring stories of town planning, public safety efforts, regional transportation, local achievements, and community concert traditions.
Traffic Concerns Stall Zoning Board Hearing on Proposed Caldor Shopping Center on Route 1-July 30, 1980
A zoning board hearing for the proposed $3 million Caldor shopping center on Route 1 was continued to August 19 as developers Bronson & Hutensky worked to finalize safe traffic access through Park Place Industrial Park.
Library Throws Book at Woman in Norwood-July 27, 1984
Susan Andrews became the first person arrested in Norwood for failing to return overdue books to the Morrill Memorial Library.
Appeals Board Postpones Decision On Norwood Golf Course Proposal-July 26, 1973
The Norwood appeals board postponed a decision on developer Frank R. Simoni’s proposed 97-acre golf course near Access Road, requesting a certified site plan.
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