"This property is adjacent to Lycos' existing headquarters," says Drew Nelson, director of the Boston office of Insignia/ESG. "It affords them the benefits of a large-scale expansion with minimal disruption."

Lycos is a leading Internet services media company and owns the Lycos Network, one of the most highly trafficked hubs on the Internet.

Nelson and Michael Ripp, managing director of the Insignia/ESG Boston office, dealt for Lycos in the transaction. Meredith & Grew represented the building owner, T.A. Associates.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.