IDEX Biometrics will relocate its US corporate offices from 287 to 200 Ballardvale Street,
Wilmington, MA during the first quarter of 2022. The new space will provide a more efficient and productive environment for employees within a building that offers multiple new amenities for IDEX.
Commercial brokers involved were Bruce Lee with Lee Partners of New England
representing IDEX, and Brian Tisbert Managing Director with JLL representing the landlord Griffith Properties LLC. Marci Griffith Loeber, Managing Principal, and Donna Pennino, Principal with Griffith Properties LLC also represented the Landlord and wholehearted supported the entire relocation process.
The new office and electronic lab space, leased on a long term basis, will contain U.S. HQ
corporate offices, administrative support staff, and a state-of-the art engineering laboratory. IDEX Biometrics is pioneering the advancement of biometric technology that will provide secure, convenient, and unique biometric authentication solutions for credit card transactions in the near-term future around the world.
The IDEX relocation internal team that reviewed multiple alternative sites over the past year was guided in a cooperative internal effort led by Office Manager Kristen Ryan, CFO Jamie Simms, and CEO Vince Graziani, supported by the entire senior engineering management group.
IDEX is a public company registered (IDBA) on the NASDEX exchange.