The space fit Acresso's needs in part due to a $5.1 million build-out Freddie Mac undertook last year for its IT and software development group, the firm's broker says. Freddie Mac's additions included new Herman Miller furniture, CAT 6 voice and data wiring, and a state-of-the-art data center. The building also appealed to the company because of its on-site restaurant.

"The space was pretty much turn-key with open cube space for Acresso's software engineers," says Alex Smith, of Cushman & Wakefield, who along with Jordan Rovito, represented the tenant. "Acresso only needed to build-out an executive area with a few offices and a large training room for all employee meetings. The existing conditions allowed Acresso to relocate with very minimal out-of-pocket costs. Additionally, since the building was across the street, their existing work force's commute would stay the same."

Acresso had occupied its previous building for 11 years, beginning with 14,000 square feet in the building and growing into additional space scattered on three different floors. A goal of its search for new space was to find contiguous space. "Acresso wanted to improve their image, provide a better work environment for its employees and be contiguous on one floor," Smith says. "(The former building) was a very dated space, and living through a renovation can be very distracting."