Boston – InterSystems Corporation (“InterSystems”) announced that it will relocate its corporate headquarters to One Congress, a one-million sq. ft. office development owned through a joint venture between Carr Properties and National Real Estate Advisors, LLC.
The HYM Investment Group is the local developer of the project together. Carr Properties will manage One Congress upon completion. InterSystems’ headquarters will occupy 420,000sf of the top 14 floors of the One Congress building. John Barry, Peter McQuaid, and Jeff Landers of CBRE represented One Congress in this transaction. Dave Fitzgerald and Tim Howe of CBRE represented InterSystems Corporation.
“The demand for advanced software to fuel digital transformation has never been higher and, as InterSystems crosses the $1B revenue level, we need a new global headquarters for the ever-expanding InterSystems family,” said Paul Grabscheid, vice president of strategy for InterSystems. “We look forward to expanding into our new home in 2024 at One Congress in the heart of Boston, where our employees can collaborate and continue our rich tradition of excellence and customer success and where we are well positioned to leverage innovations in technology and healthcare.”