DRTC leases work space - laboratories and offices - to growing businesses.
DRTC’s facility consists of 60,000 square feet of laboratory space and office space in the Centerra Resource Park in Lebanon, New Hampshire, near Dartmouth College and Dartmouth-Hitchcock Medical Center. Spaces sizes range from 100 square feet to 30,000 square feet. The facility is typically 85-90% occupied with 15-20 active businesses.
DRTC offers flexible terms in its leases (no letter of credit, no security deposit, 90-day notice) and access to shared resources, such as entrepreneurship programming, economic development programs, break rooms, conference rooms, Internet access, lab appliances, and phone service. DRTC’s tenants pay market rates to lease space (triple net):
Laboratory space ($ per square foot) = $22 base rent + $16 CAM
Office space ($ per square foot) = $18 base rent + $14 CAM
If you are interested in leasing space, please contact DRTC’s Facility Manager, Taylor Piffath. Please be ready to provide:
Executive summary of the business
Background of executive(s) and/or founder(s)
Stage of development
Source(s) of funding