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News release

Boston, MA

Advent Software Leases 24,597 SF at 40 Broad Street in Boston


Transwestern Investment Company announces the lease of 24,597 square feet of first class office space to Advent Software, Inc. at 40 Broad Street in Downtown Boston. Jones Lang LaSalle Senior Vice President Bradley McGill and former Managing Director William Collins negotiated on behalf of the owner Transwestern. CBRE Richard Ellis Senior Vice President/Partner Christopher Cuddy represented tenant Advent Software Inc.

Joseph Concepcion Managing Director of Transwestern said: “The signing is another page in our success story here at 40 Broad Street. We are thrilled to welcome Advent to their new Boston office space, and add them to our impressive tenant roster.” 40 Broad is now 85% leased.

John Brennan, Senior Vice President of Human Resources at Advent Software commented: “We are very excited to move into our new office space at 40 Broad Street. The building gives us a very central location that will support our continued growth plans in Boston. Its location, design and amenities will help us attract and retain talented staff to help drive our future success.”  

Located in the heart of the Financial District, 40 Broad Street overlooks the Rose Kennedy Greenway, a block from Faneuil Hall and the Waterfront. A recent significant capital improvements program set the tone for the boutique mid-rise’s new image. Featured are new entries, a new main lobby with original art, and a complete redesign of the elevator cabs. The lobby is contemporary in design with wood and glass panels. There is also new stone flooring, and a much more open expansive lobby presence with seating areas and a repositioned front desk.

Advent Software, Inc. is a leading provider of software and services for the global investment management industry. The space will serve as Advent’s new Boston office, relocating from 70 Franklin Street Boston. The firm will occupy floor 6.
According to Jones Lang LaSalle’s McGill: “Advent is very pleased with the full floor presence, layout, and introduction of light into the space. The building’s transformation coupled with its unique location made it a natural fit for Advent. They will add to the Broad Street dynamic.”
The property manager for 40 Broad Street is Lincoln Property Company.
 
About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world’s financial professionals since 1983.  Firms in 60 countries rely on Advent technology to run their mission-critical operations.  Advent’s quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization. For more information on Advent products visit http://www.advent.com/about/resources/demos/pr
 
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 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 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 more than $37 billion of assets under management.  For further information, please visit our Web site, www.joneslanglasalle.com.