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Joyce Vyriotes |
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Cummings Properties designs space for growing start-up, Levant Power CorporationWOBURN, MA, October 12, 2011Cummings Properties welcomes Levant Power Corporation to 475 Wildwood Avenue, Woburn. This green technology company is behind GenShock, an energy-harvesting technology that recovers waste energy from vehicle shock absorbers, improving fuel efficiency and vehicle ride and handling.
GenShock is the brainchild of MIT graduates Shakeel Advadhany and Zack Anderson, who, while driving along a bumpy road in Silicon Valley, came up with the idea of converting energy generated by a bouncing car into energy that can power the vehicle.
Levant Power Corporation, which is targeting the defense, trucking, consumer auto, marine, and transit bus industries, recently found that its original facilities in Cambridge had become insufficient to meet its rapidly growing office, development, and manufacturing requirements.
Levant leased more than 12,000 square feet in the mixed-use building formerly occupied by Travelers Insurance.
We had unique needs, said Anderson, Levants chief operating officer. We needed just the right mix of office and warehouse space with drive-in capability and great lighting in order to fulfill production contracts and continue our growth. This is definitely not a traditional, plain vanilla office space.
After searching throughout Boston and Cambridge, their unique requirements led them to Woburn-based Cummings Properties, a commercial real estate firm with in-house design and construction capabilities. By working with the Cummings Properties design team, Levant Power got exactly what it wanted.
Were a start-up and we wanted something with an edge to it, Anderson said. Its important for a start-up to have both a unique and functional space.
Cummings Properties Leasing Agent Robb LaBossiere negotiated the lease with Jon Frisch, Jeremy Hood, and Rimi Chakraborty of T3 Advisors. LaBossiere said, We were so pleased to work with Levant to design a space to meet its specific needs at a fraction of the cost it would have been in Boston or Cambridge. He added that, in addition to the competitive lease rates, many companies are drawn to the ample free parking and easy highway access offered by Cummings many properties at the intersection of Route 128 and I-93.
PHOTO: Zack Anderson and Shakeel Advadhany, founders of Levant Power Corporation, outside their new space at 475 Wildwood Ave., Woburn. Behind them is a vehicle fitted with GenShock, a energy-harvesting technology that recovers waste energy from vehicle shock absorbers, improving fuel efficiency and vehicle ride and handling. |
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