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WATERTOWN, MA-athenahealth Inc., inked a deal for 133,000 sf here at the Arsenal on the Charles to accommodate its recent growth. The firm, which provides online revenue cycle optimization services for medical practices, signed a 10-year deal with Harvard University, which owns the property.

“athenahealth is growing rapidly,” Jonathan Bush, president and CEO, tells GlobeSt.com. “We needed a large block of space, but wanted a property with character and the access to local amenities we had grown accustomed to.” Over the course of the last year the company has added more than 2,800 new doctors to its web-based revenue cycle program and almost 100 employees.

Arsenal on the Charles is a 37-acre, 11-building property with approximately 750,000 sf of office/retail space. Acquired by Harvard in 2001, the complex has off-site access to Arsenal Park and proximity to the Arsenal Mall shopping center and the Watertown Mall. It also includes a private shuttle bus to Harvard Square and other amenities such as restaurants, banking and a private day care center.

Athena’s space at the Arsenal includes a flagship stand-alone 22,000-sf building, in addition to a 111,000-sf main building. Arsenal on the Charles now has an occupancy rate of 91%, with the lease deals for the Boston Sports Club, which took 57,000 sf, and now athenahealth, which is scheduled to begin occupancy in May.

Jack Kerrigan, executive vice president, Steve Cook, vice president, and John McDonough, vice president of Grubb & Ellis, represented athenahealth. Steve Faber, vice president of asset management, and Bob Doherty, director of leasing from Beal Cos., represented Harvard University.

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