{"id":1004030871,"date":"2011-07-08T05:05:52","date_gmt":"2011-07-08T13:05:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004030871"},"modified":"2022-12-09T01:55:50","modified_gmt":"2022-12-09T09:55:50","slug":"jll-leases-163000-sf-to-pegasystems-in-cambridge-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\/","title":{"rendered":"JLL Leases 163,000 SF to Pegasystems in Cambridge"},"content":{"rendered":"<p>By Nicholas Ziegler, News Editor<br \/>\n<a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004030872\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\/070811-1rogersst_cambridge_key_lo-res\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg\" data-orig-size=\"450,298\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"070811 &#8211; 1RogersSt_Cambridge_KEY_lo res\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg?w=450\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg\" alt=\"\" title=\"070811 - 1RogersSt_Cambridge_KEY_lo res\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-1004030872\" \/><\/a><\/p>\n<p>Call it a case of keeping up with your own growth. To serve its need for increased office space, Pegasystems has signed a long-term lease with Jones Lang LaSalle Inc. for 163,000 square feet of class-A space in Cambridge, MA. Pegasystems, the third-fastest growing tech company in the country last year according to Fortune, will use the new building as its corporate headquarters. <\/p>\n<p>\u201cWe&#8217;ve been growing revenue at about 30 percent a year for the last five years with a parallel growth in employees,\u201d Pegasystems CEO Alan Trefler said. \u201cThis new facility will enable us to accommodate continued growth.\u201d The company added 350 employees in 2010 while expanding its international footprint to the United Kingdom, India, Japan and other countries. <\/p>\n<p>With the move, the firm will be the largest tenant in the 252,000-square-foot, ENERGY STAR-rated building, with neighbors including IBM and Aetna. Interior construction is expected to begin July, with occupancy following later this year. <\/p>\n<p>John Carrick, assistant managing director for the northeast region for Principal Real Estate Investors, the property owner, also looked forward to the partnership\u2019s \u201clong-term potential,\u201d citing Pegasystems\u2019 recent upswing in performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Call it a case of keeping up with your own growth. To serve its need for increased office space, Pegasystems has signed a long-term lease with JLL for 163,000 square feet of class-A space in Cambridge, MA.<\/p>\n","protected":false},"author":1201,"featured_media":1004030872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,21742,10,21747],"tags":[],"class_list":["post-1004030871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>JLL Leases 163,000 SF to Pegasystems in Cambridge - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLL Leases 163,000 SF to Pegasystems in Cambridge\" \/>\n<meta property=\"og:description\" content=\"Call it a case of keeping up with your own growth. To serve its need for increased office space, Pegasystems has signed a long-term lease with JLL for 163,000 square feet of class-A space in Cambridge, MA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-07-08T13:05:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:55:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/07\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nicholas Ziegler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/\"},\"author\":{\"name\":\"Nicholas Ziegler\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ff3a837f33daecfcf8978b405eaae20c\"},\"headline\":\"JLL Leases 163,000 SF to Pegasystems in Cambridge\",\"datePublished\":\"2011-07-08T13:05:52+00:00\",\"dateModified\":\"2022-12-09T09:55:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/\"},\"wordCount\":196,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/07\\\/070811-1RogersSt_Cambridge_KEY_lo-res.jpg\",\"articleSection\":[\"Featured\",\"News\",\"Northeast\",\"Office\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/jll-leases-163000-sf-to-pegasystems-in-cambridge-2\\\/\",\"name\":\"JLL Leases 163,000 SF to Pegasystems in Cambridge - 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