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