FARO Technologies Inc. entered into a lease with 290 National Road LP its new facility at that address in Exton, Pennsylvania.
The company plans to relocate from its Kennett Square, Pennsylvania facility at 222 Gale Lane to the new location in a staged process over the next several months.
The lease amends FARO’s for a portion of the Exton building of 68,240 square feet to now lease the entire rentable space of 90,364 square feet. It also extends the initial term of the lease by two years to Aug. 1, 2026.
The company has the option to renew the lease for three additional terms of five years each.
www.omegare.com
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