BURLINGTON, MA-Lighting systems and technology firm Color Kinetics will establish its corporate headquarters and showroom in 50,826-sf of space at Burlington Woods Corporate Center in September. The 10-year lease will make Color Kinetics one of the park’s key anchors.

The firm will relocate from 10 Milk St. in Boston, to Building Three in the 288,700-sf Burlington Mall Road office complex. Color Kinetics will spend eight months building out its new office space with high end finishes.

“They felt Burlington was a great address from a recruiting standpoint and it was an amenity-rich area for their employees to have retail and food options both in the bldg and the area,” Dan Kollar, with Jones Lang Lasalle’s Boston office, tells GlobeSt.com. “It’s going to be a great headquarters presence for them.”

Kollar says the fully-leased building gives the firm prominent visibility along Route 128 and provides the landlord with a growing, credit-worthy tenant to anchor the fully-occupied business park.

Terms of the lease were not disclosed but lease rates for class A space in Burlington average in the high $20s per sf, Kollar says.

JLL’s Kollar, Tyler Spring and Tamie Thompson, negotiated the transaction for landlord Finard Properties. John Hennessey and Steve Lombardi, both with GVA Thompson Doyle Hennessey & Stevens’, handled the deal for the tenant.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.