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Kronos Incorporated Leases 110,000-Square-Foot Office Building, Invests $7 Million

May 3, 2012 | Reprints | Unlock Link | Print

Kronos Incorporated has leased a 110,00-square-foot office building at 300 Billerica Road in Chelmsford.

Kronos and landlord Boston Properties will jointly invest $7 million in improvements at the building, which will house engineering technology and global support teams.

"Kronos is committed to doing business in Massachusetts, and we are grateful for the partnership of the Boston Properties team, the Patrick Administration, and the Town of Chelmsford," said Kronos CEO Aron Ain. "This facility will be a cutting-edge workspace that reflects the values and culture that have propelled our success and made us the global leader in workforce management. We look forward to working with Boston Properties to build-out our Chelmsford facility."

John Boyle and Michael Dalton, both senior managing directors at Cassidy Turley FHO, represented Kronos in the deal. Stacey Baker and David Provost of Boston Properties represented the building owner in the transaction.

Commercial & Industrial