BOSTON, MASSACHUSETTS, October 9, 2008 – Jones Lang LaSalle, the world’s leading financial and professional services firm specializing in real estate, completed a 150,000-square-foot base building rehab and tenant improvement project for GSI Group, Inc. at 125 Middlesex Turnpike in Bedford, Mass. The facility consolidates GSI’s Massachusetts locations and serves as the global manufacturing leader’s global headquarters.
Jones Lang LaSalle’s construction team was led by Project Executive Steven Wassersug. Other team leadership included: Senior Construction Manager William DePippo, Estimator Karl Ginand, and Superintendents Kevin White, James Mitchell and Jeff Baldwin. Winter Street Architects served as architect and RDK Engineers as engineer. Jones Lang LaSalle Senior Vice President Daniel Cordeau represented GSI during their lease negotiations at the property.
Construction included improvement of 90,000 square feet of manufacturing, warehouse, testing and assembly areas and 60,000 square feet of office space. Key features of the new facility include: integration of a state of the art testing area; light assembly areas; and Class 100,000 clean room environments. Other improvements feature: new infrastructure services (MEP) and HVAC, cafeteria and kitchen, data center, restrooms, interior finishes, exterior upgrades, and three new building entrances. The project was completed in a period of five months and delivered one month ahead of schedule.
According to DePippo, “GSI is a highly energized client and passionate about their new facility. We successfully delivered a state of the art facility in a period of time that was compliant with their corporate challenging timeline for the move. We wouldn’t have been able to deliver the facility four weeks ahead of schedule without the outstanding collaboration of the architect, engineer, client and our entire construction team.”
Jones Lang LaSalle’s construction team is manages over $190 in project volume annually. Their work ranges from interior buildouts to mixed-use developments with specialties in office, laboratory, manufacturing and distribution facility, renovation, R&D facility and retail projects.
About GSI Group
GSI Group Inc. supplies precision technology to the global medical, electronics, and industrial markets and semiconductor systems. GSI Group Inc.'s common shares are listed on Nasdaq (GSIG).
About Winter Street Architects
Winter Street Architects, Inc. is a medium sized, full service architecture and interior design firm located in Salem, on Boston's North Shore, and serves the Greater Boston Area and New England. Founded in 1987, by Paul Durand and Mark Meche, the firm has been established around its dedication to client service and high quality of design. The firm employs about 20 architects, interior designers and support staff while providing architectural services, pre-design consultation, developer services, interior design, commercial office space planning, renovations, institutional work, and municipal fire station design.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2007 global revenue of $2.7 billion, Jones Lang LaSalle has approximately 170 offices worldwide and operates in more than 700 cities in 60 countries. The firm is an industry leader in property and corporate facility management services, with a global portfolio of approximately 1.2 billion square feet. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $54 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com