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A Compendium of Property & Capital News
Jul 19
A Compendium of Property & Capital News

ExaGrid Gets New HQ; Sign Lease with The Campus at Marlborough

November 05, 2018
350 Campus Drive, Marlborough MA

BOSTON—Newmark Knight Frank completed a 40,718-square-foot lease to ExaGrid Systems, Inc. at 350 Campus Drive (The Campus at Marlborough) in Marlborough. NKF Executive Managing Director J.R. McDonald and Director Tyler McGrail represented the owner, Hines, in the transaction. ExaGrid signed the long-term lease for its new corporate headquarters.

Relocating from 2000 West Park Drive in Westborough, ExaGrid is a disk-based backup hardware company. The rapidly growing firm sought larger space to consolidate its workforce onto one floor while securing the necessary computer lab space and work environment for its future business needs. After engaging the market, ExaGrid determined that The Campus at Marlborough offered them the best combination of space, amenities and value. NKF represented ownership in the lease negotiations while Joe Doyle, Dave Ross and Nate Heilborn of Cresa Boston represented ExaGrid.

The Campus at Marlborough is a four-building, 532,000-square-foot, Class A office complex. Widely recognized as one of the premier suburban office parks in Boston, The Campus enjoys an irreplaceable hilltop location with panoramic, 30-mile unobstructed views. The Campus offers best-in-class amenities including a 400-person cafeteria, full-service fitness center, Starbucks lounge and multiple common conferencing areas and outdoor recreation areas.

“We are pleased to have represented ownership in this significant lease transaction for The Campus at Marlborough,” stated McDonald. “ExaGrid is a dynamic and growing firm, which is the perfect fit for The Campus. The property’s premier location and modern amenities make it ideal for companies like this- on the rise.” “The ExaGrid lease is a testament to the excellent infrastructure, amenity base, and value that is offered at The Campus at Marlborough,” added McGrail. “We are very pleased with the level of interest and activity at The Campus.

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