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Avid Technologies Opens 203,000-Square-Foot HQ In Burlington

Aug 2, 2010 | Reprints | Unlock Link | Print

Real estate developer Nordblom Company and investment affiliate Nordic Properties announced that Avid Technologies has opened its new world headquarters on Network Drive at Northwest Park in Burlington.

Avid Technologies, a global digital audio and video production company, has leased 203,000 square feet in the property for a 10-year term.

FHO Partners represented Avid, and Jones Lang LaSalle represented Nordblom on the transaction, while Adele Olivier and Todd Fremont-Smith managed the deal from the ownership.

Avid has moved from its location in Tewksbury to Network Drive, a 950,000 square-foot campus on Route 3 in Burlington. Avid signed the lease in November 2009.

Commercial & Industrial