The Stevens Group Represents Tracelink in 70,000 SF Wilmington Lease

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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Wilmington MA – TraceLink Inc., the leading digital network platform company for the life sciences industry, announced it has lease 70,000 sf of office space at 200 Ballardvale Street in Wilmington MA. TraceLink enables the global distribution of safe prescription medicines to protect patients from counterfeit drugs, and allows
pharmaceutical companies to track drugs throughout the supply chain. The lease represents one of the largest office leases in the Boston Suburban office market since the beginning of the pandemic.

The company said the new location will accommodate both its existing employees, and anticipated new hirings over the next 18 months. The tech firm will be relocating their U.S. corporate headquarters from its current location at 400 Riverpark Drive in North Reading to the four-story office building owned by Griffith Properties in the Ballardvale Park office park.

Debra Stevens

Amanda Snell

In a statement announcing the move, TraceLink President and CEO Shabbir Dahod said, “By adopting a hybrid working model, we can provide permanent, flexible work options for our employees, and are no longer bound by geographic barriers, providing the ability to unlock new talent and growth opportunities in virtually any part of the world.”

Debra Stevens and Amanda Snell, CCIM of The Stevens Group, provided real estate advisory services to Tracelink and negotiated the lease transaction on their behalf. Brian Tisbert, Chris Lawrence and Matt Daniels of JLL represented the landlord. Marci Griffith Loeber, Managing Principal of Griffith Properties and DRA Advisors, worked closely with all parties to facilitate the transaction.

About Tracelink

TraceLink is the only business network creation platform for building integrated business ecosystems with multi-enterprise applications. Business networks are the foundation of a digitalization strategy that delivers customer-centric agility and resiliency of the end-to-end supply network leveraging the collective intelligence of an industry. TraceLink’s Opus Digital Network Platform enables speed of innovation and implementation with an open partner model for no-code and low-code development of solutions and applications.

About The Stevens Group

The Stevens Group, one of the only WBE Certified commercial real estate advisory firms 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, buyers and entrepreneurial startups 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.