News: Front Section

Lynch of JLL represents RAGE Frameworks in 15,500 s/f lease at 3 Allied Drive, Dedham Place

RAGE Frameworks, a growing leader in big data and business process automation, has relocated from its 8,500 s/f space in Westwood, to its new 15,500 s/f home at 3 Allied Dr., Dedham Place. Sean Lynch, senior vice president, JLL represented RAGE Frameworks. Caleb Hudak of Colliers represented the landlord of Dedham Place, Normandy Real Estate Partners. RAGE was a relatively new company when it moved into the Westwood offices seven years ago. Since that time, RAGE has blossomed into a mature big data company with significant client and employee growth. The office space at Dedham Place will not only accommodate its expansion but the progressive, open concept allows for a natural, collaborative setting, which is the perfect location for RAGE. . "JLL is proud to have worked with RAGE Frameworks. This is a very exciting time for the company and we are happy to help support their growth," said Lynch. "We found a great space in a great building and they were able to take advantage of a previous tenant's high-end build out. The space is open, collaborative and provides a great work environment and image for RAGE to continue its upward mobility." "With our lease coming up for renewal, we knew it was time to look for a new location that would accommodate our growth," said Dr. Venkat Srinivasan, president and CEO, RAGE Frameworks. "This space is more in alignment with our personality with its open, modern concepts. It's the right space and the right time for us to make this move. " RAGE is a leader in big data and business process automation technology providing enterprise solutions in wealth management and business banking, breakthrough information products and custom solutions to power business transformation. RAGE's vision is to bring unprecedented speed, flexibility and insight in solving some of the most complex, critical business problems. JLL is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion s/f, or 280 million square meters, and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Inc.
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