Jones Lang LaSalle represents Nordblom Company in 13,864 s/f lease to NetBrain Technologies

March 28, 2013 - Front Section

NetBrain Technologies - Burlington, MA

According to Nordblom Company, NetBrain Technologies is opening their new corporate headquarters at Network Dr. at Northwest Park. They have signed a lease for 13,864 s/f of class A office space at 65 Network Dr. Jones Lang LaSalle managing director Tamie Thompson and vice president Tyler Spring represented the owner Nordblom Co., while executive vice president/partner Mark Reardon and senior associate Jake Borden represented NetBrain. This lease brings the 180,000 s/f building to 100% leased.
NetBrain is moving from Nordblom Co.'s 23 Third Ave. building in Northwest Park, to create their new expanded facility. NetBrain's space offers a flexible and collaborative business environment accommodating the company's growing divisions to better service their expanding customer base with industry leading technology.
Network Dr. at Northwest Park is a 1 million s/f office campus situated on 158 acres. It is one of the largest and most advanced office parks along the entire Rte. 128/I-95 corridor, and is located on Rte. 3 at the I-95 intersection. It consists of seven buildings in a landscaped setting.
"We are delighted that NetBrain has joined the dynamic group of growth companies in Network Dr.," said Ogden Hunnewell, executive vice president/partner of Nordblom.
"The vibrancy and amenities in this world-class office park are perfect for an exciting growth company such as NetBrain. We believe it will help them attract and retain their growing employee."
"We spent a tremendous amount of time looking for a location and a building that met our expectations and reflected who we are as a company," said NetBrain vice president of operations Weilie Ma. "It became clear from our search that Burlington was our preferred location, and Network Drive provided the quality of space, amenity base and infrastructure that a growing company such as ours is looking for. We are delighted with our new home!"
Network Drive offers enough land to build up to an additional 300,000 square feet with spectacular views from the highest elevations in all of Burlington. The Network Drive campus is now 98% occupied with only one 20,000-square-foot suite remaining for lease.
NetBrain joins other companies which have established headquarter locations at Network Drive at Northwest Park: Veracode, Dyax Corp., Avid Technologies, Palomar Medical, Exa Corporation, e-Dialog and Memento, as well as a large regional office for Oracle Corporation. The campus has three entrances from Network Drive, and an amenity package that includes a central "Winter Garden" featuring dramatic indoor and outdoor cafeteria dining, TV and game lounges , an ATM, a putting green, outdoors walking loop, access to conference facilities and much more. The campus also boasts a comprehensive manned exercise facility with locker rooms.
About Nordblom Company
Nordblom Company is a real estate enterprise with an 85-year history of investing, managing and developing properties throughout the New England region and select markets across the country. The company currently owns office, commercial and multi-family properties in the New England and Carolina markets and is committed to creating dynamic work and living environments that further the quality of life for the people who occupy its properties. Headquartered in Burlington, Massachusetts with offices in Boston, Brookline, and Raleigh, North Carolina, Nordblom Company has $1.2 billion in assets under management. For more information, visit www.nordblom.com.
About NetBrain Technologies, Inc.
Founded in 2004, NetBrain Technologies is the provider of the first map-driven network automation solution. The industry's only map-centric network management tool empowers networking professionals with the ability to automatically discover, document and troubleshoot large enterprise networks. For more information, visit www.netbraintech.com.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion s/f. Its investment management business, LaSalle Investment Management, has $47 billion of real estate assets under management. For further information, visit www.jll.com.
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