Skip Ribbon Commands
Skip to main content

News release

BOSTON, MA

Veracode Moves Corporate Headquarters to Network Drive

New tenant leases 44,000 SF in Burlington, MA


BOSTON, May 28, 2012 — Nordblom Company is pleased to announce that Veracode, Inc., the leader in application security services, is opening their new corporate headquarters at Network Drive at Northwest Park. They have has signed a lease for 44,000 square feet of Class A office space comprising the entire third floor of 65 Network Drive in the Park. Managing Director Tamie Thompson and Vice President Tyler Spring, both from Jones Lang LaSalle, represented the owner Nordblom Company, while CB Richard Ellis – N.E. Partners, LP Senior Vice President/Partner Charles Kavoogian and Vice President Robert Kinlin represented Veracode. Veracode is moving from 4 Van de Graaff Drive, Burlington to create their new expanded headquarters. Veracode’s space offers a flexible and collaborative business environment accommodating the company’s innovative technology with state-of-the-art office and conference space.
 
“We are seeing a lot of momentum and growing at a rapid pace and the size of the campus played a key role in our decision making process,” said Gary Vilchick, Chief Financial Officer of Veracode.  “Network Drive is a world class campus that delivers both high-quality office space and the amenities we need need as we continue to grow and attract new employees. We are excited by the prospect of creating a dynamic working environment for our people.”
 
“Clearly the buzz which Burlington is creating in the office market, together with the high-quality office premises offered at Network Drive, give companies such as Veracode a dynamic environment to grow and succeed. The campus offers growth companies the right mix of individual corporate identity with a sense of community for their employees. The 96% occupancy level validates Network Drive’s position as a thriving corporate headquarters destination,” stated Ogden Hunnewell, Executive Vice President/Partner of Nordblom Company.
 
Network Drive at Northwest Park is a 1 million-square-foot office campus situated on 158 acres. It is one of the largest and most advanced office parks along the entire Route 128/I-95 corridor, and is located directly on Route 3 at the I-95 intersection. It consists of an exceptional multi-tenanted office park, comprising seven buildings in a dramatic landscaped setting.
 
Veracode plans to open its new office in August, joining other companies which have established headquarter locations at Network Drive at Northwest Park: Dyax Corp., Avid Technologies, Palomar Medical, Exa Corporation, e-Dialog and Memento, as well as a large regional office for Oracle Corporation.  The Veracode lease brings the Park occupancy to 96% with only two sub dividable blocks of space remaining for lease in 55 and 65 Network Drive, which  total 34,000sf. Additionally the Park offers enough land to build up to an additional 300,000SF with spectacular views from the highest elevations in both the Park and all of Burlington. The campus has three entrances from Network Drive,  and an amenity package that includes a central “Winter Garden” featuring  dramatic indoor and outdoor cafeteria dining, TV and game lounges , an ATM, a putting green, outdoors walking loop, access to conference facilities and much more. The campus also boasts a comprehensive manned exercise facility with locker rooms.  
 
About Veracode                    
Veracode is the only independent provider of cloud-based application intelligence and security verification services.  The Veracode platform provides the fastest, most comprehensive solution to improve the security of internally developed, purchased or outsourced software applications and third-party components.  By combining patented static, dynamic and manual testing, extensive eLearning capabilities, and advanced application analytics, Veracode enables scalable, policy-driven application risk management programs that help identify and eradicate numerous vulnerabilities by leveraging best-in-class technologies from vulnerability scanning to penetration testing and static code analysis.  Veracode delivers unbiased proof of application security to stakeholders across the software supply chain while supporting independent audit and compliance requirements for all applications no matter how they are deployed, via the web, mobile or in the cloud.  Veracode works with customers in more than 80 countries worldwide representing Global 2000 brands.  For more information, visit www.veracode.com, follow on Twitter: @Veracode or read the Veracode Blog.
 
About Nordblom Company
Nordblom is a real estate enterprise with an 85 year history of acquiring and developing properties throughout the New England region and select markets across the country. Nordblom currently owns office, commercial, retail and multifamily properties in the New England and North Carolina markets and is committed to creating and operating dynamic work and living environments that further the quality of life for the people who occupy its properties. Nordblom has transacted over $1.1 billion of investment and development work totaling over 6 million square feet of office, industrial and residential projects in the past dozen years.  Headquartered in Burlington, MA with offices in Boston, Brookline and Raleigh, Nordblom Company has 7 million square feet in assets under management.  For more information, visit www.nordblom.com.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.2 billion of assets under management. For further information, please visit www.joneslanglasalle.com.