National Development Announces Multiple Major Lease Renewals at The District
National Development, a leading vertically integrated real estate investment, development, and asset management firm, announced today that three prominent companies – COMSOL, Black Duck Software, and Regus – have renewed long-term leases at The District. These lease extensions, totaling more than 130,000 square feet, further solidify The District as one of Greater Boston’s most vibrant destinations for innovation-driven companies.
COMSOL, a global software leader, expanded its footprint at 100 District Avenue by an additional 11,500 square feet, bringing its total to 45,500 square feet under a new 10-year lease. Black Duck Software, a leader in software application security, signed a 7-year renewal for 45,000 square feet at 800 District Avenue. Regus, a flexible workspace hub, recommitted to its 43,000 square-foot coworking location at 1500 District Avenue for another 7 years.
“We’re proud to see long-standing tenants deepen their commitment to The District,” said Billy Kennedy, Vice President, Asset Management at National Development. “Our vision for The District has always been to create a next-generation work environment that blends high-performance office space with curated amenities and walkable convenience, elevating The District as a destination tenants enjoy beyond the 9 to 5. We’re thrilled that COMSOL, Black Duck, and Regus have chosen to continue growing their teams by choosing The District’s dynamic, best-in-class workspaces and amenities.”
“Being located at The District reinforces our commitment to attracting top tech talent,” said, Marybeth Traynor, Director of Global Workplace, Black Duck Software. The modern amenities, walkable campus, and proximity to Boston — along with access to top restaurants and wellness options — help us foster a culture that’s both high-performing and people-centered.”
Situated in the heart of Burlington’s 8 million square feet of Class A commercial space, The District is a dynamic hub for a wide range of industry-leading companies. Tenants enjoy access to an exceptional suite of amenities, including nearly 200 walkable restaurant and retail destinations, an on-site 170-key Marriott Residence Inn, complimentary parking and EV charging stations, a rooftop deck, a one-mile walking loop, and a Zagster bike-share program.
The District comes alive with a robust calendar of events designed to foster community and employee engagement—from weekly summer barbecues and bike tune-ups to animal yoga, seasonal celebrations, and holiday gift-wrapping stations. Some recent tenant events hosted at The District have included Puppy Therapy, Plant-Your-Own Succulent, and an Earth Day celebration featuring a variety of vendors and activities.
With its striking design, abundant natural light, and prime visibility from Route 128—seen by over 225,000 commuters each day—The District stands out as a premier location for businesses focused on attracting top talent, encouraging collaboration, and enhancing connectivity.
More information about The District and leasing opportunities is available at districtburlington.com.
Article via CityBiz
