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Boston-Area MXU Inks Leases for 259K SF with Largest Tenants
The two largest tenants at The District Burlington have signed long-term lease extensions at the 1.3-million-square-foot mixed-use development in Burlington, MA. BAE Systems, the largest tenant at the project, signed a 135,018-square-foot lease extension. A second unnamed existing tenant also signed a long-term extension for nearly 125,000 square feet.
BAE Systems was represented by Colliers’ John Carroll III and Bill Lynch. Cushman & Wakefield’s Michael O’Leary, John Boyle and Elizabeth McLaughlin represented the ownership venture, National Development and AEW Capital Management.
The recent upgrades and investment made to the property reflect a trend toward workplaces that help large companies attract top talent. The vibrant business environment offers more than 80,000 square-feet of new state-of-the-art office space, many open space improvements and 160,000 square-feet of new amenities that includes a hotel, six restaurants and garage parking.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease