Tuesday, March 30th, 2010
MOVE FROM WALTHAM TO BURLINGTON IS LARGEST SUBURBAN OFFICE RELOCATION TRANSACTION IN 2010
BURLINGTON, MA – March 30, 2010 – FHO Partners, leader in the commercial real estate services field with significant experience in the greater Boston office market, today announced a 53,000-square-foot, 10-year lease for Decision Resources, Inc. at 8 New England Executive Park in Burlington. Decision Resources, a leading provider of research publications, consulting and advisory services for the healthcare industry, will relocate its headquarters from 260 Charles Street in Waltham to accommodate the company’s plans for future growth, and capitalize on the park’s unparalleled location and planned business services upgrades. The new lease is the largest suburban commercial real estate office transaction to date in 2010.
“The identification, negotiation and selection of a suitable site for Decision Resources, Inc.’s global HQ was a seamless process due to FHO’s dedication and professionalism,” said Peter Hoenigsberg, CEO of Decision Resources, Inc. “We are delighted with 8 New England Executive Park, which will showcase our world class brand, provide a delightful new home for our employees and meet our economic requirements.”
“This is a great win for New England Executive Park and the Town of Burlington,” said Vicki Keenan, Senior Director of Leading at Equity Office Properties, owner of New England Executive Park. “We welcome Decision Resources, Inc. to the park and look forward to a long-term partnership.”
“Equity Office Properties was very creative in meeting the demands and needs of Decision Resources, Inc. in this very challenging office market,” said Partner John Boyle of FHO Partners. “Tenants today are looking for value and quality. Equity Office and New England Executive Park fit the bill perfectly for Decision Resources, Inc.”
Partner John J. Boyle III, Executive Vice President Richard J. Fahey and Vice President Michael R. O’Leary of FHO Partners represented Decision Resources, Inc. in the transaction, and Matt Daniels, Partner of Colliers Meredith & Grew represented Equity Office Properties.
Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed, knowledgeable decisions. With over 450 employees worldwide, analysts at Decision Resources, Inc. companies provide the pharmaceutical, biotech, medical device, financial services and managed care industries with the analytics they need to compete and thrive in an increasingly competitive marketplace. Through both organic growth and an aggressive acquisition strategy, Decision Resources, Inc. has become the premier provider of healthcare analysis and data in the world. Visit Decision Resources, Inc. at www.DecisionResourcesInc.com.
FHO Partners is a commercial real estate firm providing brokerage and transaction management services to multi-market, national and international corporate real estate portfolios, both owned and leased. In the world of commercial real estate, FHO Partners’ people-powered approach stands out. The senior partners of the firm have worked together for more than 20 years providing customized advisory consulting and brokerage services to a range of corporate and institutional clients locally, nationally and overseas. For more information, visit www.fhopartners.com or call 617-279-4555.
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