Cook, Kerrigan, Coelho & Adams of Avison Young handle lease expansion

Steve Cook, Avison Young

Jack Kerrigan, Avison Young

Mark Coelho, Avison Young

Burlington, MA According to Avison Young, Demandware, a provider of enterprise-class cloud commerce solutions, has signed a lease to expand the company’s headquarters at 5 Wall St. Avison Young principals Steve Cook and Jack Kerrigan, along with Mark Coelho and Chris Adams, a vice-president and associate, respectively, in the Boston office, represented Demandware in the transaction. George Wells of Piedmont Office Realty Trust, Inc. represented ownership.

Demandware is currently leasing 100,000 s/f on three floors at 5 Wall St. and will expand over the next five years to lease the entire six-story, 181,680 s/f building by 2021.

5 Wall Street - Burlington, MA

“With the help of Piedmont Office Realty Trust, Inc., Demandware was able to secure a long-term real estate solution in the building,” said Cook.  “The location has worked well for Demandware and, fortunately, the company can continue to grow in this established technology corridor.” 

“Demandware will continue to benefit from a proven location, allowing our company to continue to hire great talent, while maintaining a high-profile, highly visible building right off Route 128,” said Tim Adams, Demandware’s chief financial officer. “Staying and growing in our current building provides our employees the continued benefit of excellent highway access from all directions as well as unmatched area amenities.”

Positioned in Greater Boston’s top suburban office market, 5 Wall St. offers access and visibility from Rte. 128 (I-95). The building is well located with amenities in the surrounding area, with nearby Wayside Commons and Burlington Mall offering a combined 215 dining and retail options alone.

Demandware, is the category-defining leader of enterprise-class cloud commerce solutions, empowering the world’s leading retailers to continuously innovate in our complex, consumer-driven world. With Demandware, retailers move faster and grow faster. 

Avison Young is one of the world’s fastest-growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,200 real estate professionals in 77 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.