Allaire Corporation Takes Half of Riverside Center for New Headquarters
BOSTON, Jan. 10, 2000 /PRNewswire/ -- Allaire Corporation has signed a lease for their new 270,446-square-foot headquarters at Riverside Center, a new office building development in Newton, Mass., with plans to relocate from Cambridge in summer 2000. The building is now 74% pre-leased, four months before its completion. According to David Gerth, Allaire's Chief Financial Officer, Riverside Center "meets the needs of our rapidly expanding company and in addition provides a setting that is complementary to the dynamic and creative atmosphere of Allaire." The Allaire transaction is this year's largest office lease transaction on Massachusetts' Route 128, often referred to as "America's Technology Highway."
Allaire Corporation Takes Half of Riverside Center for New Headquarters (Smartmoney)