Jones Lang LaSalle arranges 49,000 s/f lease at 200 Ballardvale on behalf of AEW Capital Management and Griffith Properties

August 06, 2013 - Front Section

200 Ballardvalle Street - Wilmington, MA

Taxware, LLC, a division of Vista Equity Partners, has leased 49,000 s/f of first class office space in Ballardvale Office Park. The space on the fourth floor of Building 2 will serve as the firm’s new headquarters. Jones Lang LaSalle managing director Matt Daniels, senior vice presidents Brian Tisbert and Christopher Lawrence, and vice president Christopher Decembrele negotiated the transaction on behalf of owners AEW Capital Management and Griffith Properties. CB Richard Ellis – N.E. Partners, LP senior vice president Jason Levendusky represented Taxware, which plans to open its new offices this summer.
“We are delighted to welcome Taxware as our newest tenant within Ballardvale Office Park,” said Marci Griffith Loeber, principal, chief investment officer of Griffith Properties. “A tenant of this caliber is highly sought after in this marketplace and we are glad that we are able to provide the first class image desired by Taxware.”
Located at the interchange of I-93 and Rte. 125, Ballardvale Office Park is a corporate campus that consists of four buildings totaling 550,000 s/f. Recent renovations include: new facades with dramatic glass lines, new lobbies, HVAC systems, a full service cafeteria, free Wi-Fi, and a fitness center with lockers.
Building 2 at 200 Ballardvale St. is a four-story, 143,000 s/f property. New base building construction at 200 Ballardvale includes a new roof and HVAC. A retail amenities center is also proposed for the campus, which is scheduled to open in the fall of 2014.
Taxware joins AGFA, Verizon Wireless, ITT Educational Centers and other companies that have established their offices here.
Daniels said, “We are delighted to accommodate Taxware’s requirement. They chose Ballardvale Office Park because of our amenities package, direct access to I-93 to attract top talent, the park’s recent renovations program and quality construction.”
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