Brian Hines and Ryan Roman Represent Everbridge in Leasing Transaction

Cushman & Wakefield announced that it has represented Everbridge, a global enterprise software company, in its 46,000-square-foot lease at 25 Corporate Drive, Burlington Centre, in Burlington, MA, one of the largest transactions on Route 128 last year.

Everbridge will be leasing its East Coast headquarters from The Davis Companies and Principal Insurance, who own the complex through a joint venture. The lease includes options to expand to over 70,000 square feet within the first two years of the term.

The property is a four-story, 135,000 square-foot office building that includes a full-service cafeteria, fitness center and outdoor patio space, all of which were recently renovated, along with a two-story atrium lobby. With its lease of the 46,000 square-foot space, the software company will be expanding its presence there.

Newly public Everbridge works to keep people safe and businesses running by providing applications that enable organizations to assess threats such as mass shootings, severe weather, cyberattacks or IT outages, locate impacted personnel, and then automate the process of providing contextual communications.

“After conducting a thorough search of the market in Burlington and surrounding communities with our real estate partner Cushman & Wakefield, we are thrilled to expand our current presence at 25 Corporate Drive,” said Everbridge CEO Jaime Ellertson. “We believe this is an excellent facility and that Burlington has a lot to offer us in the future.”

Burlington Centre consists of 47 acres and four buildings totaling 487,000 rentable square feet of space. With a prime location on Route 128’s innovation corridor, the complex has available suites from 2,900 to 73,000 square feet, 150,000 to 200,000 square feet of build-to-suit space, and recently completed a multi-million dollar investment campaign.

Everbridge was represented by Brian Hines, Vice Chairman and Managing Director Ryan Romano of Cushman & Wakefield, while Andy Majewski, Executive Vice President/Partner and Jason Levundusky, Executive Vice President/Partner from CBRE/New England represented the landlord.

“Everbridge is a fantastic company, and we greatly enjoyed working with them as they bolster their presence in Burlington,” said Brian Hines. “We believe that Everbridge will continue to grow in this location, and are looking forward to partnering with them in their continuing success.”

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.