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BURLINGTON, MA-ADC Software Systems USA is leasing 6,818 sf of office space at 24 New England Executive Park. The company is subleasing the space from Fundtech Corp. Lease rates for this deal were not available, but space in the building goes for about $19 per sf, although sublease deals tend to command a lower than average rate.

Arlon Brown, senior advisor with Grubb & Ellis, represented Fundtech Corp. in the transaction, while Software Systems was represented by the Staubauch Co.

The four-story 92,900 sf building, which was developed in 1986, is approximately 80% leased. The building is on Mall Road between the Burlington Mall and the Lahey Clinic. It is located within New England Executive Park, a master-planned office park owned by Equity Office Properties that is comprised of 13 buildings on a 56-acre campus totaling more than one million sf of office space.

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