Cassidy Turley FHO Announces 29,311-Square-Foot Lease for Virgin HealthMiles at 492 Old Connecticut Path In Framingham

Location Represents a Major Expansion for Employee Behavior Change Member of Famed Virgin Group

Published on October 15, 2012


Cassidy Turley FHO, a leader in the commercial real estate services field with extensive experience in the greater Boston office market, today announced a 29,311-square-foot lease on behalf of Virgin HealthMiles at 492 Old Connecticut Path in Framingham.  The existing corporate headquarters facility at 139 Newbury Street in Framingham, will be relocated to Framingham Corporate Center and will expand the firm’s Bay State footprint to close to 20,000 square-feet.  The company, which provides employers with programs and technologies that engage employees in healthy behavior change, will accommodate its strong growth at its new headquarters at 492 Old Connecticut Path. 

“It’s been a landmark year for Virgin HealthMiles. We’ve introduced a range of new products and services that help employers drive greater value from their health and wellness strategies, and we’ve seen rapid adoption by employers across a variety of industry sectors,” said Derek Ransom, Chief Financial Officer of Virgin HealthMiles. “Expanding into our new Framingham office will enable us to continue to deliver market-leading solutions that engage employees at unprecedented rates and help employers measurably address key business challenges.”

Operational since late 2005, Virgin HealthMiles is a member of Sir Richard Branson's famed Virgin Group.  The company offers employers a range of solutions and program integration capabilities that drive higher employee awareness and engagement across multiple providers and programs; deliver better measurement and insight into the impact of employers’ health and wellness investments; and power an employer’s overall employee health strategy.  With its products and services, the company creates compelling personalized digital health experiences that drive long-term healthy behavior change and employee engagement rates three times the industry average.  

Senior Managing Directors, Principals Kevin Hanna and David Campbell of Cassidy Turley FHO represented Virgin HealthMiles in the transaction. Bob McGuire, Senior Vice President and Partner at CB Richard Ellis/New England represented the landlord.

“We were pleased to work with a company that is focused on engaging businesses and their employees in improving their health,” said Hanna. “With a new Framingham location, Virgin HealthMiles can continue to grow and deliver solutions that meet the needs of health-conscious businesses.”

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,600 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.

About Virgin HealthMiles
Virgin HealthMiles, part of Sir Richard Branson’s famed Virgin Group, provides programs and technologies that engage your workforce in good health. Leveraging Virgin’s deep consumer roots, we create compelling, personalized digital health experiences that drive long-term healthy behavior change and employee engagement rates more than three times the industry average. Our range of Pay-for-Prevention™ solutions and program integration capabilities: drive higher awareness and engagement across multiple providers and programs; deliver better measurement and insight into the impact of your investments; and power your overall employee health strategy.  Our easy-to-deploy and manage solutions feature a rich array of proven behavior change strategies, including: game mechanics, financial incentives, social networking, and many more. Over 130 industry leaders representing more than 700,000 employees have selected Virgin HealthMiles’ award-winning programs for their employees. Learn more at www.virginhealthmiles.com.

Linda M. McDonough
617.279.4571 

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