Stantec to Relocate Operations in Burlington
The Edmonton, Canada-based firm inked a lease for 46,668 square feet of space at the building owned by Nordblom Co. and institutional investors advised by J.P. Morgan Asset Management.
BURLINGTON, MA—Global design and engineering firm Stantec has signed a lease for nearly 47,000 square feet of space at 65 Network Drive here.
The Edmonton, Canada-based firm inked a lease for 46,668 square feet of space at the building owned by Nordblom Co. and institutional investors advised by J.P. Morgan Asset Management.
The firm will occupy space on the second floor of the building that will serve as its Burlington location. The firm, according to its website, currently maintains operations at 5 Burlington Woods Drive. Stantec is expected to take occupancy of its new space, which is part of the 1 million-square-foot Network Drive office park, in the fourth quarter of this year.
JLL managing director Brendan Callahan, SVP Andrew Whipple, VP Gabrielle Beaudry, VP David Goldberg, and associate Michael Reardon represented Stantec in partnership with Lee Kiziak, principal in the firm’s corporate real estate team.
The landlord was represented by the Newmark Knight Frank leasing team of Mark Roth, Matthew Malatesta, Brendan Daly, and Brianna Piacitelli.
The second-floor space is being renovated to provide Stantec with a flexible and open business environment that will best serve its expanding team of engineers and designers.
“Following a thorough assessment of our office needs, we’re pleased to secure a space that reflects our priorities for a high-tech, collaborative team environment,” says Peter Howe, VP and New England regional leader of Stantec. “65 Network Drive, which was originally designed by a team now part of Stantec, presents our Burlington staff with a modern and centrally located campus offering a full range of amenities geared for productivity and wellness.”