{"id":7276,"date":"2026-06-30T07:20:58","date_gmt":"2026-06-30T07:20:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=7276"},"modified":"2026-07-01T04:24:14","modified_gmt":"2026-07-01T04:24:14","slug":"advancell-full-building-office-lease-boston-life-sciences-campus-andover","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/advancell-full-building-office-lease-boston-life-sciences-campus-andover\/","title":{"rendered":"AdvanCell Signs Full-Building Office Lease in Life Sciences Campus in Boston Submarket"},"content":{"rendered":"

Real estate investment trust IQHQ, Inc. announced that phase two of its Innovation Park development in Andover, Mass., is now at full occupancy. This follows the signing of a long-term lease agreement with vertically integrated, clinical-stage radiopharmaceutical company AdvanCell, in what was reportedly one of the largest life sciences leases in greater Boston this year.<\/p>\n

The lease is for the entire 1 Corporate Drive building, which incorporates roughly 128,200 square feet of suburban Boston office space<\/a>. The newest addition to the tenant roster joins one of the country\u2019s premier life sciences and advanced manufacturing campuses.<\/p>\n

Situated within an established and growing life sciences manufacturing corridor, companies operating at IQHQ\u2019s Innovation Park can draw well-trained talent from both the greater Boston area, as well as from southern New Hampshire.<\/p>\n

In addition to requisite infrastructure and about 340,000 square feet\u00a0of life sciences space, Innovation Park includes best-in-class amenities, such as a full-service caf\u00e9 and coffee bar; a high-end fitness center with locker rooms; large communal conferencing; EV charging; bicycle storage; and 24\/7 facility management and security.<\/p>\n

\u201cInnovation Park is the ideal setting for our global headquarters and first manufacturing site in the U.S. \u2014 a well-located, best-in-class campus suited for cGMP manufacturing and owned by a landlord who understands advanced therapeutic manufacturing,\u201d said Dayle Hogg, chief operating officer of AdvanCell. \u201cThis site will be foundational to AdvanCell\u2019s next stage of growth, enabling us to scale our proprietary Lead-212 targeted alpha therapy manufacturing for Phase 3 and future commercial production. We appreciate IQHQ\u2019s partnership and the City of Andover\u2019s support.\u201d<\/p>\n

\u201cIQHQ is pleased to welcome AdvanCell to Innovation Park, and we look forward to being in business together long-term,\u201d said TJ Silvey, chief investment officer of IQHQ. \u201cAdvanCell\u2019s leadership team brings deep experience in radioligand therapy and a proven track record of building successful, commercial-scale companies and delivering approved therapies to patients. IQHQ\u2019s mission is to support companies like AdvanCell with capital and space to move their science forward, and we are proud to be their partner.\u201d<\/p>\n

\"1<\/a>
The 1 Corporate Drive building at Innovation Park in Andover, MA incorporates more than 128,200 square feet of Boston life sciences and office space.<\/em><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Innovation Park tenants draw from a well-trained talent pool that spans both the Greater Boston area and Southern New Hampshire. <\/p>\n","protected":false},"author":48,"featured_media":7277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":["post-7276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-office-news"],"acf":[],"yoast_head":"\nIQHQ Signs New Tenant at Boston Life Sciences Campus | CommercialSearch<\/title>\n<meta name=\"description\" content=\"IQHQ reaches 100% occupancy at Innovation Park phase 2, with full-building life sciences office lease in the Boston submaket of Andover.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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