Natick medical-device company to relocate HQ to Ashland
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Precisionary Instruments will relocate its headquarters to 200 Butterfield Drive in Ashland.
Precisionary Instruments purchased a 12,000-square-foot flex unit in Ashland to relocate its headquarters from Natick.
The unit, part of a larger development at 200 Butterfield Drive, was sold for $1.9 million, according to a Friday press release from Greater Boston Commercial Properties of Northborough.
“We had been searching for a while (over 1.5 years) for the right place to serve our office, manufacturing, and storage needs,” George Kong, CEO of Precisionary Instruments, said in the press release.
The company produces microtomes, which create tissue sections to study cells.
The property was sold by Butterfield Realty, LLC of Sherborn on May 1, according to the Middlesex South Registry of Deeds. Executive Vice President John Eysenbach of Wayland-based R.W. Holmes Commercial Real Estate represented the seller, and James Keefe of Greater Boston Commercial Properties represented the buyer.
Butterfield Realty acquired the space as two separate units in 2006 for $1.2 million.
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