Vestmark has signed a lease renewal and expansion at 100 Quannapowitt Parkway in Wakefield, which serves as its U.S. headquarters.
The 44,219-square-foot lease includes a 10,353-squarefoot expansion for Vestmark, a provider of wealth management technology and account management.
JLL Managing Director Tamie Thompson and Senior Vice President Peter Richardson negotiated the lease representing the property’s former owner, Digital Realty. Newmark Grubb Knight Frank Senior Managing Director Christopher Curley represented the tenant.
The 168,000-square-foot first class office building was recently sold by Digital Realty to R.J. Kelly of Burlington for $31 million. JLL represented Digital Realty in the transaction.
Site of the former American Mutual Insurance Co., 100 and 200 Quannapowitt Parkway is a 387,000-square-foot office and technology center directly on Route 128 overlooking Lake Quannapowitt. Building 100, built in 1999, is a four-story 168,000-square-foot office building. It was repositioned and leased to Comverse when Building 100 was constructed. Building 200 is a two-story 219,000-square-foot facility being updated and repositioned as a state of the art data center and office building, which houses the U.S. headquarters for Comverse Technology Inc.



