By Bogdan Odagescu, Associate Editor
Boston—Cloud computing company Bullhorn recently announced the official relocation of their global headquarters to 100 Summer St. in Downtown Boston.
The move was first made public late last year. “The demand for our CRM platform has created explosive growth, both in revenue and in headcount. We ran out of space, on a timetable that was much quicker than expected. We needed an office that represented our brand and would be able to support our continued growth and the space at 100 Summer Street is perfect,” said Art Papas, CEO & co-founder of Bullhorn, in prepared remarks.
During the last three years, Bullhorn tripled both its number of customers and employees. By the end of 2016, the company is looking to add more than 100 people to its Boston office, thus reaching well over 700 employees worldwide. The other four offices are located in St. Louis, Mo., Vancouver, BC, London, and Sydney, Australia.
Bullhorn’s previous base, sitting at 33-41 Farnsworth St. in the nearby Seaport Innovation District, offered approximately 44,000 square feet. The new headquarters, an open plan spanning over two floors, adds up to 77,000 square feet. According to Papas, the former office will be taken over by GE as part of their recently announced Boston relocation.
100 Summer Street, a 32-story tower offering in excess of one million square feet of Class A space, was built in 1974. According to Yardi Matrix, the asset is owned and managed by the Equity Office Properties Trust, while Newmark Grubb Knight Frank is in charge of leasing efforts.
Due to its CBD location, the high-rise offers great public transport options, with South Station just steps away and all needed amenities within walking distance. The building’s ground floor includes little over 10,000 square feet of retail. Other 100 Summer St. tenants include Nixon Peabody, Bloomberg, State Street Corp, GSN Games, and Citi Hedge Fund Services.
Image courtesy of Yardi Matrix