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Federal Realty, SmartBear Ink Space Expansion, Lease Renewal in Somerville Office
Federal Realty and current tenant SmartBear have agreed to a space expansion and new seven-year lease at 450 Artisan Way in the Assembly Row neighborhood of Somerville, MA.
Ben Coffin and Tucker Hansen of JLL represented the landlord, while Brian Tisbert and Tom Kent also of JLL represented the tenant.
SmartBear, a provider of software development and visibility tools, will increase the footprint of its headquarters space by nearly 16,000 square feet to occupy 52,400 square feet and up to 385 seats. The tenant also added an onsite gym, coffee bars and several new collaboration areas for its 260 employees.
SmartBear has signed the Vista Climate Pledge and committed to annually measure, offset and set reduction targets for carbon emissions. Its chosen headquarters location is a certified LEED building.
450 Artisan Way a 99,000-square-foot, Class A office that was constructed in 2014 and features three stories and 600 covered parking spaces
Photo, l, courtesy SmartBear
- ◦Lease
