Christopher A. Curley, vice president of GVA Thompson DoyleHennessey & Stevens, represented Management Technology in thetransaction, while Amy Perlman of CB Richard Ellis representedproperty owner, the Gutierrez Co. Lease rates for this deal werenot available, but the average asking rent for office space in thearea is nearly $19 per sf.

Management Technology recently acquired a division of ACSDefense and was looking to relocate the core group of the divisioninto new offices on Route 128 near Hanscom Airport. Roger Goudreau,senior vice president of Management Technology's Command ControlSystems, says the company toured multiple facilities beforedeciding on this location.

Burlington still has a lot of options to choose from. Accordingto Trammell Crow Co.'s most recent statistics, the area has anoverall availability rate of nearly 40%, of which only about 4% isavailable sublease space. As of this past April, Burlington had anegative absorption of 28, 412 sf.