The Stevens Group Represents LeMaitre Vascular In 70,000 SF Lease Extension and Expansion

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Founded in 1980, The Stevens Group is a Boston-based commercial real estate brokerage and advisory firm with more than four decades of experience helping companies make informed real estate decisions. Today, our practice is centered on Corporate Real Estate Advisory & Tenant Representation, providing independent, conflict-free guidance to tenants and occupiers throughout Greater Boston and beyond.

We advise clients on site selection, negotiations for new leases, renewals, relocations, expansions, consolidations, and specialized office, R&D/lab, industrial and flex requirements. As the Boston affiliate of the International Tenant Representative Alliance (ITRA Global), we can also support clients across the U.S. and internationally while maintaining the senior- level, hands-on service of an independent firm.

The Stevens Group has been certified by the Women’s Business Enterprise National Council (WBENC) as a Women’s Business Enterprise (WBE) since 2011 and is proud to celebrate 15 years of certification in 2026.

What inspired you to start your company, and what has shaped your journey woman business owner in CRE?

The Stevens Group was founded by my parents, Mark and Debra Stevens, in 1980, and I joined the firm in 2013. My mother had a remarkable career in commercial real estate and showed me firsthand what was possible for a woman in the industry, while my father was an equally important mentor and supporter. Since Debra’s passing last year, carrying forward what they built has taken on added meaning. I am proud of our history and committed to positioning The Stevens Group for the future while preserving the integrity, reputation, and client focus that define us.

What are you most proud of about the company you’ve built?

I am most proud of the trust we have earned and the long-standing relationships we have built with clients over more than four decades. Our size and independence allow us to stay closely involved, be responsive, and give objective advice. I also value that we have continued to evolve and stay current while remaining true to how we do business.

Celebrating 15 years as a certified women business enterprise is another milestone I am especially proud of.

What are you most excited about for your company and its future?

I am excited to continue expanding the ways we support clients as their real estate needs become more complex. We have the advantage of being nimble, experienced, and highly personal in our approach, while our ITRA Global affiliation gives clients broader reach when they need it. I see the next chapter as thoughtful growth, interesting assignments, and continuing to strengthen our reputation as a trusted advisor to corporate occupiers.

What does being a woman-owned business mean to you, and what perspective would you share with women considering starting a business of their own?

Being a woman-owned business is meaningful to me because it reflects how far opportunities for women in commercial real estate have come. CRE Brokerage is a demanding career, but I believe women can build successful businesses and careers in this industry without having to choose between professional growth and the other priorities in their lives. My advice is to seek out strong mentors and advisors, trust your expertise and create a culture that values high performance and flexibility. The right environment can make a meaningful difference in sustaining a rewarding career over time.

FOUNDED: 1980

HEADQUARTERS: Boston, MA

SPECIALTIES: Corporate Real Estate Advisory & Tenant Representation; Office, R&D/Lab, Industrial & Flex Requirements

MARKETS SERVED: Greater Boston/Massachusetts; and national and international supportand consulting

WOMAN-OWNED SINCE: 2011

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April 2014

Burlington, MA – LeMaitre Vascular recently extended their lease at 53 & 63 Second Avenue, Northwest Park, Burlington, MA. The lease extension agreement provides LeMaitre with an additional term of up to ten years for both properties. LeMaitre has occupied the single level office/flex buildings since 2003. In addition to being their corporate headquarters, the facilities also house the research, development and manufacturing processes for their medical device products.

In addition to the lease extension, LeMaitre also signed a lease for an additional 15,500 sq, ft. located in an adjacent building at 41 Second Ave. The lease for the expansion space will commence in July of 2015, and the lease term will be co-terminous with the other two buildings. With the addition of the expansion space, LeMaitre will occupy a total of 70,000 sq. ft. in Northwest Park. Mark A. Stevens, SIOR, Principal of The Stevens Group/ITRA Global, provided advisory services and negotiated the terms of the lease extension and expansion on behalf of LeMaitre.

The Stevens Group has provided real estate advisory services to LeMaitre since 1995. In addition to the Burlington location, The Stevens Group has also assisted LeMaitre in acquiring facilities in Toronto and Melbourne. According to George LeMaitre, Chairman and CEO of LeMaitre Vascular, “Securing longer term leases for our existing facilities and adding additional expansion space were key components of our business plan going forward. The Stevens Group, as a trusted strategic partner, guided us through the process and negotiated on our behalf to produce the best possible results. Their in-depth knowledge of the real estate market and vast experience have been invaluable to us as we expand.”

About LeMaitre Vascular

LeMaitre Vascular, a publically held company (LMAT), is a global provider of medical devices and implants for the treatment of peripheral vascular disease. They develop, manufacture, and market disposable and implantable vascular devices for use in both open vascular surgery and minimally invasive endovascular procedures. Their product lines consist of well-known brand name products used in arteries and veins outside of the heart, and are supported by a growing, specialized and highly trained organization of vascular sales professionals.

About The Stevens Group

The Stevens Group is a commercial real estate advisory firm located in Boston, MA, specializing in exclusively representing corporate clients in the leasing, acquisition and disposition of commercial real estate. The Stevens Group is the Boston affiliate of ITRA Global, an organization of real estate professionals specializing in representing tenants and buyers in the leasing, acquisition and disposition of office, industrial and retail facilities. With coverage in major markets around the world, ITRA Global is one of the largest organizations dedicated to representing tenants and occupiers of commercial real estate.