Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Boston & New England  + Boston  + Office  | 
InterSystems Corporation will relocate its corporate headquarters to the top 14 floors of the One Congress building in Boston, MA.

Healthcare Tech Co Reserves 420K-SF, 14 Floors of One Congress in Boston

InterSystems Corporation, a Boston-based data management and healthcare information systems corporation, will relocate its corporate headquarters to the One Congress building in downtown Boston. The tower is now 100% leased.

John Barry, Peter McQuaid and Jeff Landers of CBRE represented One Congress while Dave Fitzgerald and Tim Howe of CBRE represented InterSystems Corporation.

The one-million-square-foot office development — owned through a joint venture between Carr Properties and National Real Estate Advisors, LLC — is expected to be completed at the end of 2022. The HYM Investment Group serves as the local developer; Carr Properties will manage One Congress upon completion.

State Street Corporation and K&L Gates will serve as anchor tenants in addition to InterSystems Corporation.

“The demand for advanced software to fuel digital transformation has never been higher and, as InterSystems crosses the $1B revenue level, we need a new global headquarters for the ever-expanding InterSystems family,” said Paul Grabscheid, VP of strategy for InterSystems.


Inside The Story

InterSystems Corporation’s Grabscheid

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Lease