The building at 12 Murphy Drive in Nashua was originally planned by Teradyne Connection Systems to give it more space for manufacturing to meet increasing demands for its connectors and backplanes.
But before it could be finished, the bottom dropped out of the telecommunications industry and high tech in general, forcing Teradyne to halt construction.
In stepped Amos White III and Richard Paradise, two real estate developers who chose to buy the building and do it over with office leasing in mind. As a result, the building has become home to or is about to become the home for several businesses.
“It’s very central and it has good exposure to the highway,” White said. “The location has a lot of potential and it’s just a great spot.”
One well-known name, Transparent Language, which makes language-learning software for individuals, moved there last August and now leases about 11,000 square feet of office space. The company started in 1991 in Hollis, made its way to Nashua and then Merrimack as it needed more room, and has found the 12 Murphy Drive space to be the right place these days.
Another company, Vascular Technologies of Lowell, Mass., is scheduled to move into the building in May. The company is a medical device firm, and will be leasing close to 7,000 square feet for office and production space, and another 3,000 square feet of storage space. The company makes a line of surgical dopplers and disposable probes that are used in neurosurgery, cardiac and vascular surgery and urology.
Some of White’s companies also are leasing space, including Bentley Management Group, a property-management company run by White and Mark White. Amos White has also created Everett Executive Suites, which offers office space for lease, with all office amenities, including a receptionist, for one-man offices or start-up companies.
The space also includes conference rooms.
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This article appears in the March 18 2005 issue of New Hampshire Business Review