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/ 11.24.2009 2:00PM
Avid Moves Closer to Boston
TEWKSBURY, MASS.: Avid Technology is moving its headquarters about
10 miles closer to Boston.
According to The
Boston Globe, the video editing, storage and media management developer
has signed a lease for three buildings in Burlington, Mass., northwest of
Boston. The company is currently based in Tewksbury, about 10 miles further
north.
The Globe described the lease for up
to 200,000 square feet of space as “the largest lease transaction in the suburbs
this year.”
Two of the buildings are on the Network Drive office campus and will be
connected by a footbridge. A third building will be located in nearby Northwest
Park.
The new location is near I-95/Massachusets Route 128, the Yankee Division
Highway, the traditional dividing line between Boston’s inner and outer
suburbs.
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