The landlord for the project is Executive Office Properties and the term of the lease is 11 years. Colliers Meredith & Grew represented the landlord in the transaction and Peter Danna and Ogden White of CB Richard Ellis represented Regus.

"We're consolidating our two existing Burlington area locations into this new larger facility, which provides our clients with improved amenities in a great office setting," said Michael Berretta, Vice President of Business Development for Regus. "Our new center is part of a beautiful master-planned, Class-A office park with unparalleled amenities."

New England Executive Park is a 10-building master-planned office park located approximately 12 miles northwest of downtown Boston on 56-acres totaling more than 1 million square foot of Class A office space. Conveniently located, New England Executive Park is just minutes from Routes 128, 3 and 93. Park amenities include a fitness facility, restaurant, full-service bank, a Cyber Park which allows users to plug-in and work outdoors, conference facilities, and has 24-hour staffed security with after-hours patrols and card key access system.

Berretta added, "The investment in this new facility reaffirms our commitment to the Burlington market. We envision this new center as a business hub for the Route 128 area. The spacious center will attract a wide-cross section of businesses from surrounding communities. The center's newly designed business lounge will be a great place for business travelers who need to remain productive while on the road to touchdown, check-mails or print documents."

"We are thrilled to welcome The Regus Group as the newest tenant to the New England Executive Office Park," said Vicki Keenan, Senior Director of Leasing for Equity Office. "Regus has been a long-standing client throughout the Equity Office Portfolio and we look forward to continuing to build on our strong partnership."

Regus offers its client a full range of cost-effective business-ready workplace products including fully furnished, fully staffed private offices, meeting rooms and on-site business and administrative support services. Regus clients typically experience up to a 60 percent savings on their facilities costs over leasing traditional office space. For those clients who may not need a full-time office, Regus also offers virtual offices, which allow businesses to instantly gain a presence in a new market with a prestigious, high-profile business address and local telephone answering and mail handling services.

About The Regus Group

Regus is the world's leading global provider of innovative workspace solutions, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the world's largest network of video communication studios. Regus delivers a new way to work, whether it's from home, on the road or from an office. Clients such as Google, GlaxoSmithKline, and Nokia join thousands of growing small and medium businesses that benefit from outsourcing their office and workspace needs to Regus, allowing them to focus on their core business.

More than 500,000 clients a day benefit from Regus facilities spread across a global footprint of 1,000 locations in 450 cities and 76 countries, which allow individuals and companies to work wherever, however and whenever they want to. Regus was founded in 1989 in Brussels, Belgium and is listed on the London Stock Exchange .