‘West Coast-style’ campus, amenity space lures Citrix to Network Drive Burlington
Electric vehicle charging stations, a bicycle-sharing program, a putting green and an organic-based cafeteria with indoor and outdoor seating are just a few of the “West Coast-style” amenities that convinced cloud computing company Citrix Systems to relocate from Bedford to Burlington.
Citrix (Nasdaq: CTXS) has leased 43,706 square feet at 15 Network Drive, a facility that’s part of the six-building, 933,000-square-foot Network Drive at Northwest Park campus.
The campus was once headquarters space for Sun Microsystems prior to that company’s acquisition by Oracle Corp., but it has been a multi-tenant campus for several years, said Mark Roth, an executive director with Cushman & Wakefield’s brokerage team in Boston.
Roth, Matthew Malatesta and Blake McLaughlin represented landlord Nordblom Co. in the lease deal, while JLL’s Matt Daniels and Andrew Whipple represented Citrix.
Tenants at the park include Oracle Corp., Avid Technologies, Exa Corp. and Veracode Inc. NetBrain Technologies recently inked a 54,952-square-foot lease at 15 Network Drive, and the Citrix lease brings the 127,000-square-foot facility to 93 percent occupancy.
Located in between Route 3 and the Middlesex Turnpike in Burlington, the Network Drive at Northwest Park campus is also just up the road from 3rd Ave. Burlington, a recently opened 300,000-square-foot lifestyle retail center developed by Nordblom and anchored by a Wegmans supermarket.
Beyond the nearby retail, all tenants have access to a 40,000-square-foot amenity space on campus, which includes features such as a catering food service, a staffed fitness center, a TV lounge and gaming area. That amenity space was a significant consideration for Citrix when considering its next real estate move, Roth said.
“It’s almost like a West Coast-style campus,” Roth said. “They could have stayed for a lower price point, or made other decisions at a lower price point, but they’re willing to go and secure the space that gives them the ability to recruit, because it’s got amenities — it’s what their employees want.”
Citrix will house more than 200 employees in the office, Roth said.