NAI Hunneman has brokered a 8,300 s/f new office lease to Progressive Insurance at 43 Constitution Dr.
Progressive Insurance is relocating to its new location from Manchester.
Chip Denton, senior vice president at NAI Hunneman, represented Progressive Insurance in the transaction. The landlord, Chris Riley of Riley Enterprises, represented himself.
Formerly the New Hampshire corporate headquarters of IBM, 43 Constitution Dr. is a 64,400 s/f class A office building and offers an on-site café and showers. The property, which also has an onsite fitness facility and onsite common break rooms and recreational areas, is 100% leased.
"It's a great location and our client is very pleased with their new space," said Denton. "The property is conveniently located near the intersection of I-293, Rtes. 101 and 114."
Founded in 1929 and headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. Through its association with NAI Global, NAI Hunneman is a local firm with global reach offering brokerage and project management services in more than 325 markets across the nation and around the world.