Software Company xSuite and a Biopharma Company to Relocate to Class A Building in Framingham, MAMarch 26, 2023
BOSTON — JLL announced this week that software company xSuite and a biopharma development company have both signed leases to relocate to 100 Pennsylvania Ave, a 74,000 square feet Class A building owned by CB Equities in Framingham, MA. The biopharma development company will lease 7,691 square feet of space, and xSuite will lease a 3,708 square feet spec office suite, one of the move-in-ready office spaces in the building that will soon feature a Club Room, a renovated lobby and other common areas, and more.
“From easier permitting processes to the potential for flexible leases, more tenants are seeking the benefits of move-in-ready office spaces with premier amenities,” said Alison Powers, Executive Vice President at JLL. “These two tenant’s move to 100 Pennsylvania Ave. highlights just that – a move into a modern build-out delivered quickly that meets the needs of employees today while benefiting both landlords and tenants alike.”
In a prime central location with high visibility directly off Route 9 and less than a 1/4 mile to the Mass Pike exit 12, 100 Pennsylvania Avenue will feature a renovated lobby and common areas, including a “Club Room” equipped with beer, wine, Starbucks coffee and other high-quality, first-class amenities complete with new outdoor patio space. CB Equities is continuing to build modern-built spec office suites for quick delivery. The building will accommodate tenants from 3,000 to 30,000 square feet in size.
“With a growing demand for not only move-in ready premier office spaces but high-end improvements and amenities that meet tenants’ needs today, 100 Pennsylvania Ave is strategically positioned to deliver that,” said Colin Gillespie at CB Equities. “From a renovated lobby and common areas to the Club Room and newly designed office spaces, the building truly encompasses what Class A means today – and we’re excited to share that with these tenants.”
The JLL team representing CB Equities is comprised of Executive Vice President Alison Powers, Managing Director Bob McGuire, and Executive Vice President Sam Crossan. Representing xSuites is Kelleher & Sadowsky Executive Vice President Philip DeSimone and Associate Ross Miner.