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With Office Expansion and New 7-year Lease, SmartBear Expands Investment in Somerville, MA

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SmartBear enhances amenities at headquarters at Assembly Row, increasing footprint to 52,400 square feet while delivering on several ESG and sustainability goals in 2022

SOMERVILLE, Mass. - Amzeal -- SmartBear (https://smartbear.com/), a leading provider of software development and visibility tools, unveiled its expanded headquarters in Somerville, Massachusetts earlier today at an open house (https://www.eventbrite.com/e/somerville-office-...) and ribbon-cutting ceremony attended by Mayor Katjana Ballantyne (https://www.linkedin.com/in/katjanaballantyne/). The company recently signed a seven-year lease for its office at 450 Artisan Way at Assembly Row, while increasing its footprint by nearly 16,000 square feet to occupy 52,400 square feet and up to 385 seats. SmartBear added an onsite gym, coffee bars, and several new collaboration areas for its 260 employees. Office tours included the unveiling of a new mural commissioned by Artists for Humanity (https://www.afhboston.org/). The company moved to Somerville in 2015 and continues investing in the local community.

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"Somerville and SmartBear share a commitment to innovation, community, sustainability, and diversity," said Mayor Katjana Ballantyne. "I am thrilled that SmartBear continues to grow alongside Somerville's Assembly Row Business District."

SmartBear has increased its employee roster by several hundred while delivering on a number of hiring, retention, and global Environmental, Social, and Governance (ESG) goals (https://smartbear.com/news/news-releases/smartbear-launches-global-esg-initiative-to-foster/) in the areas of Community, Sustainability, Governance, and Diversity. SmartBear signed the Vista Climate Pledge (https://static1.smartbear.co/smartbearbrand/media/images/company/esg/smartbear-vista-climate-agreement.pdf), committing to annually measure, offset, and set reduction targets for carbon emissions. The Somerville location is a certified LEED building, demonstrating green building practices and minimizing energy usage. The company has measured its annual greenhouse gas emissions since 2019, eliminated the use of single-use plastic in all offices, and mindfully chooses solution providers that are committed to sustainability. SmartBear also donated to sustainability organizations, Echoing Green and Cool Effect.

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"SmartBear was an early believer in the promise and possibility of Assembly Row, and we appreciate their partnership as the neighborhood evolves," said Patrick McMahon (https://www.linkedin.com/in/patrickmcmahon2/), SVP Regional Development at Federal Realty (https://www.federalrealty.com/). "It is terrific to see a local company choose to grow here and do so without leaving the city. As Assembly Row has grown and added new residential, retail, entertainment, wellness and services, SmartBear's employees can experience an authentic walkable neighborhood with all the amenities and features that make going to the office a desirable activity."

"We support the SmartBear team holistically – when they are at the office as well as out in the community where they live with the local and global initiatives that are important to them," said Veronica Curran, Chief People & Culture Officer at SmartBear. "We are proud to unveil our new corporate headquarters in Somerville today with its beautiful enhancements that will inspire work in a space that supports our sustainability, philanthropy, and diversity goals."
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Source: SmartBear
Filed Under: Software

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