An international surgical tool manufacturer recently signed a lease with Woburn-based Cummings Properties to rent 68,000 square feet at 50 Dunham Rd. in Beverly.
Microline Surgical, Inc. has based its headquarters with Cummings Properties for the last 17 years, most recently, in 54,000 square feet at its Cummings Center campus in Beverly.
“Moving into 50 Dunham Rd. is a significant milestone for Microline Surgical, allowing us to expand our headquarters and manufacturing operations over the next several years and continue our productive relationship with Cummings Properties,” said a statement from Microline president and CEO Sharad Joshi.
Cummings Properties inherited Microline as a client when it purchased the former United Shoe Machinery Corporation site from The Black and Decker Corporation in April 1996. Since then, the medical device company has expanded several times, significantly increasing its footprint, according to a statement from the Cummings Foundation.
According to Mike Farrell, senior account manager at Cummings Properties, the new facility will include office, production, and research and development space.
“We are delighted to continue our long relationship with Microline, and to be able to accommodate its current and future needs at our newest campus," Farrell said in a recent announcement.
Located on a site directly abutting Route 128, the long-idle 50 Dunham Rd. property was built in the 1970s as headquarters for the legendary game manufacturer Parker Brothers.
Cummings Properties acquired the site in December 2011, adding to its 10 million-square-foot portfolio.
The Woburn-based commercial real estate firm recently secured approval from the city of Beverly to construct a second, 120,000-square-foot building on the campus, as well as a five-story parking garage.
With its expected move in early 2014, Microline will occupy nearly three-quarters of the existing building on Dunham Road. Several other smaller firms have recently joined Dassange International in this location overlooking Norwood pond, directly adjacent to Bill Hanney’s North Shore Music Theatre.
Founded in 1987, Microline Surgical is a wholly owned subsidiary of Japan-based HOYA Corporation. Microline manufactures a complete line of reposable endomechanical and energy devices used across a broad range of minimally invasive surgical procedures, including general, gynecologic, geriatric, head and neck, cardiac surgeries and more.
While it has sales offices in Amsterdam, Paris, Tokyo, and Hong Kong, and customers in 65 countries, the vast majority of Microline’s manufacturing is done here in the United States.