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News release

BOSTON, MA

Taxware Leases 49,000 SF at Ballardvale Office Park in Wilmington, MA


BOSTON, July 9, 2013 – Taxware, LLC, a division of Vista Equity Partners, has leased 49,000 square feet of first class office space in Ballardvale Office Park in Wilmington, MA. The space on the fourth floor of Building 2 will serve as the firm’s new headquarters. Jones Lang LaSalle Managing Director Matt Daniels, Senior Vice Presidents Brian Tisbert and Christopher Lawrence, and Vice President Christopher Decembrele negotiated the transaction on behalf of owners AEW Capital Management and Griffith Properties, CB Richard Ellis – N.E. Partners, LP Senior Vice President Jason Levendusky represented Taxware. Taxware plans to open its new offices in early July 2013.

“We are delighted to welcome Taxware as our newest tenant within Ballardvale Office Park,” stated Marci Griffith Loeber, Principal, Chief Investment Officer of Griffith Properties. “A tenant of this caliber is highly sought after in this marketplace and we are glad that we are able to provide the first class image desired by Taxware.” 

Located at the interchange of Interstate 93 and Route 125, Ballardvale Office Park is a corporate campus that consists of four buildings totaling 550,000 square feet. Recent renovations include: new facades with dramatic glass lines, new lobbies, state-of-the-art HVAC systems, a full service cafeteria, free Wi-Fi, and a fitness center with lockers.

Building 2 at 200 Ballardvale Street is a four-story, 143,000-square-foot property. New base building construction at 200 Ballardvale includes a new roof and HVAC. A retail amenities center is also proposed for the campus, which is scheduled to open in the fall of 2014. Taxware joins AGFA, Verizon Wireless, ITT Educational Centers and other companies that have established their offices here.

According to Jones Lang LaSalle’s Daniels: “We are delighted to accommodate Taxware’s requirement. They chose Ballardvale Office Park because of our amenities package, direct access to I-93 to attract top talent, the park’s recent renovations program and quality construction.”

About Taxware                                                          
Taxware, LLC (“Taxware”) is a provider of sales, use and value added tax calculation and filing solutions to more than 1,200 customers. The Company’s suite of end-to-end software and outsourced services provides organizations with a single partner to manage all aspects of the sales and use tax compliance process, from tax calculation and forms completion, to secure funds transfer to state and local revenue departments. At the foundation of Taxware’s software suite is a powerful tax calculation engine that leverages the industry’s most comprehensive repository of more than 210 million tax rules in 13,500 plus jurisdictions across more than 250 countries.

For more information, please visit www.taxware.com.

About Vista Equity Partners
Vista Equity Partners, a U.S. based private equity firm with offices in San Francisco, Chicago and Austin, currently invests approximately $6.6 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing.

For further information, please visit www.vistaequitypartners.com.

About AEW Capital Management                                   
Founded in 1981, AEW Capital Management, L.P. (AEW) provides real estate investment management services to investors worldwide.   One of the world’s leading real estate investment advisors, AEW and its affiliates manage $35.8 billion of capital invested in approximately $49.0 billion of property and securities in North America, Europe and Asia (as of  March 31, 2013).  

Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum.  AEW and its affiliates have offices in Boston, Los Angeles, London, Paris, Hong Kong and Singapore, as well as additional offices in eight European cities.  For more information please visit www.aew.com

About Griffith Properties
Griffith Properties, LLC is a real estate investment firm that employs extensive operating and investing experience to provide investors an attractive risk-adjusted return. Griffith invests in core plus and value-added office, industrial and R&D assets located in the Boston to Washington DC corridor. For more information, visit www.griffithproperties.com.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.