According to Nordblom Company, Veracode, Inc. opened their new corporate headquarters at Network Dr. at Northwest Park. They have has signed a lease for 44,000 s/f of class A office space comprising the entire third floor of 65 Network Dr.
Managing director Tamie Thompson and vice president Tyler Spring, both from Jones Lang LaSalle, represented the owner Nordblom Co., while CB Richard Ellis - N.E. Partners, LP senior vice president/partner Charles Kavoogian and vice president Robert Kinlin represented Veracode.
Veracode is moving from 4 Van de Graaff Dr., to create their new expanded headquarters. Veracode's space offers a flexible and collaborative business environment accommodating the company's innovative technology with state-of-the-art office and conference space.
"We are seeing a lot of momentum and growing at a rapid pace and the size of the campus played a key role in our decision making process," said Gary Vilchick, CFO of Veracode. "Network Drive is a world class campus that delivers both high-quality office space and the amenities we need as we continue to grow and attract new employees. We are excited by the prospect of creating a dynamic working environment for our people."
"Clearly the buzz which Burlington is creating in the office market, together with the high-quality office premises offered at Network Drive, give companies such as Veracode a dynamic environment to grow and succeed. The campus offers growth companies the right mix of individual corporate identity with a sense of community for their employees. The 96% occupancy level validates Network Drive's position as a thriving corporate headquarters destination," said Ogden Hunnewell, executive vice president/partner of Nordblom Co.
Network Drive 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 directly on Rte. 3 at the I-95 intersection. It consists of an exceptional multi-tenanted office park, comprising seven buildings in a dramatic landscaped setting.
Veracode plans to open its new office in August, joining other companies which have established headquarter locations at Network Dr. at Northwest Park: Dyax Corp., Avid Technologies, Palomar Medical, Exa Corporation, e-Dialog and Memento, as well as a large regional office for Oracle Corporation. The Veracode lease brings the Park occupancy to 96% with only two sub dividable blocks of space remaining for lease in 55 and 65 Network Dr., which total 34,000 s/f. Additionally the Park offers enough land to build up to an additional 300,000 s/f with spectacular views from the highest elevations in both the Park and all of Burlington. 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.