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RSA Security Subleases 40,000 SF to 170 Systems

BEDFORD, MA-In one of the largest sublease transactions in the area in recent years, 170 Systems leases 40,000 sf at 36 Crosby Dr. The space hade been RSA Security's headquarters and with this deal the firm has subleased 100,000 sf of its excess space.

By Naomi Grossman | Updated on March 10, 2004

BEDFORD, MA-170 Systems has leased 40,000 sf at 36 Crosby Dr. in the Crosby Corporate Center. The deal is one of the largest sublease transactions in the area in recent years. 170 Systems, a software developer, subleased the space from RSA Security and will use the new location as its headquarters.

Roy Hirshland, president, and Mark Cote, managing director, of T3 Realty Advisors brokered the transaction. The space in the building, which is owned by Equity Office Properties, formerly served as RSA Security’s corporate headquarters. The company expanded several years ago to another office park in the city, Bedford Woods.

“The 170 Systems sublease represents our largest sublease to date,” says Dan Ryan, director of real estate and facilities for RSA Security. With this deal, RSA Security has subleased nearly 100,000 sf of excess space at Crosby Corporate Center since the company relocated to its new campus.

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