Landlord Preotle, Lane & Associates Ltd. has signed a lease with Management Sciences for Health, which plans to relocate its headquarters in Cambridge to a Medford office-and-laboratory building at 200 River’s Edge Drive later this year, said a broker involved in the transaction.
The broker is Richards Barry Joyce & Partners LLC, which represented Preotle, Lane & Associates in the lease negotiations. Management Sciences for Health is an international nonprofit organization whose mission is to save lives and improve the health of the world’s poorest and most vulnerable people.
In Medford, Management Sciences for Health will occupy more than 40,000 square feet of space.
The new lease agreement brings 200 River’s Edge Drive, a LEED Gold certified office/lab building in the River’s Edge Mixed Use Development in Medford, to full occupancy, Richards Barry Joyce said. (River’s Edge also includes luxury housing.)
Management Sciences for Health, or MSH, was represented in lease negotiations by the real estate firm Cassidy Turley.
In a statement, Jonathan D. Quick, MD, president and chief executive of MSH, said: “As an organization that strives for innovation and sustainability in all that we do, we’re very excited to have found a space that will substantially increase staff interaction, is so environmentally friendly, and is in such a natural setting.”