Cassidy Turley FHO, a leader in the commercial real estate services field with extensive experience in the greater Boston office market, today announced two leases for SDL, an award winning, global information management firm, in Waltham and Wakefield totaling 28,543-square-feet. SDL is relocating to 9,780-square-feet at 410 Totten Pond Road in Waltham and 18,763-square-feet at 201 Edgewater Drive in Wakefield.
“Waltham and Wakefield have provided us two hubs to do business in Greater Boston and we are very happy to be growing here,” said Keith Laska, CEO of SDL’s Language Technologies division. “As our company expands globally, it is invaluable to have good partners on the local level.”
SDL is relocating and growing to 9,780-square-feet at 410 Totten Pond Road in Waltham, where it will be for the next five years. In Wakefield, the firm is relocating to 18,763-square-feet at 201 Edgewater Drive in a seven year deal.
“SDL thoroughly evaluated the market, including consolidation scenarios,” said Michael O’Leary, Vice President of Cassidy Turley FHO. “After careful consideration, the company chose to remain in separate locations, as this business model has proved to be very successful for their company,”
Senior Managing Directors, Principals John Boyle and Brian Hines of Cassidy Turley FHO joined O’Leary to represent SDL in both transactions.
SDL is the world leader in Global Information Management, with 70 offices in 38 countries. SDL offers innovative technology, products and services to allow people to engage with the information they need in the way that they want. The publicly-traded company has $400 million in annual revenues and employs more than 2,700 employees in offices from the United States to Thailand, Germany and China, and everywhere in between. Please visit www.sdl.com for more information about SDL.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 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.
Linda M. McDonough