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JLL Represents the Web Hosting Company in Leases Totaling 300,000 SF in Nine Cities
BOSTON, 24 Feb. 2015 — JLL, a leading global financial and professional services firm specializing in commercial real estate services, today announced that it has represented Endurance International Group (NASDAQ: EIGI), a leading provider of cloud-based platform solutions for small and medium-sized businesses, in leases of a total of 300,000 square feet of commercial office space. The space is leased across nine cities around the world and includes 38,000 square feet of first class office space at Endurance’s corporate headquarters located at 10 Corporate Drive in Burlington, Massachusetts, and a lease of 66,000 square feet of office space at 1500 N. Priest Drive in Tempe, Arizona. JLL Managing Director Matt Daniels represented Endurance in all transactions worldwide, supported by Managing Director Brendan Callahan, Managing Director Brian Connolly, Vice President Brian Knies, and Associate DJ Goldberg. JLL Managing Director John Pierson and Vice President Keith Lammersen represented the company in Tempe.
“JLL is proud to be Endurance’s strategic partner during this exciting time of growth for the company,” said JLL’s Daniels. “We pride ourselves on understanding our client’s business and how the right real estate investments can help further their growth. For a high performing technology company like Endurance, we placed a priority on ensuring that the spaces they leased were efficient, high functioning, and collaborative, to support their corporate culture. We look forward to working together as the company continues to grow its global footprint.”
“We are pleased to have had such a strong partnership with JLL over the years,” said Endurance Chief People Officer Kathy Andreasen. “JLL is great at providing Endurance with excellent research and information on the markets and real estate issues that matter most to us. We look forward to working together as Endurance expands it presence in the United States and abroad.”JLL research reports that 36 Massachusetts based companies have gone public since 2013, raising over $4 billion in their Initial Public Offerings (IPO). While much of the recent IPO activity has been concentrated in the Life Science industries, Endurance International Group was the first Internet based firm to go public in the last 24 months, paving the way for companies such as Care.com, Wayfair and HubSpot to go public this year.
About Endurance International Group Endurance International Group (NASDAQ: EIGI) helps small and medium-sized business owners establish, manage and grow their businesses by harnessing the power and promise of the web. As a leading provider of cloud-based platform solutions to help small and medium-sized business owners succeed online, Endurance, through its family of brands – including Bluehost, HostGator, iPage, Domain.com, A Small Orange, MOJO Marketplace and ResellerClub – supports over 3.8 million subscribers and is able to tailor solutions for small businesses at every stage and level of sophistication. Endurance is headquartered in Burlington, Massachusetts, has a presence in Asia and the Americas, and employs over 2,400 people. For more information, visit endurance.com.
About JLLJLL (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 fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $53.6 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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