New England Property Advisors Completes 42,000 SF Multi-Year Sublease

Burlington, MA (PRWEB) August 22, 2007 -- New England Property Advisors announces the completion of a multi-year sublease at 10 Burlington Mall Road in Burlington, Massachusetts. Ariba, Inc. subleased 41,769 SF of office space in five separate suites culminating in a lease to Edifixio, Inc. that commenced August 1, 2007. "New England Property Advisors is pleased to have executed a multi-year downsizing plan for Ariba that enabled ongoing business operation while providing significant savings to Ariba", says Valerie Pontiff, President of New England Property Advisors, who represented Ariba on the transactions.

New England Property Advisors is a commercial real estate brokerage company headquartered in Newton, Massachusetts. The company specializes in assisting corporate tenants in optimizing the utilization of their commercial real estate. Services include finding new space, facilitating lease renewals, restructuring existing lease obligations, subleasing, and identifying and brokering purchase opportunities. Clients range from locally owned business to Fortune 100 companies, both within the New England region and around the country.

Ariba is the leading provider of Spend Management solutions. The company helps clients analyze, understand, and manage their corporate spending to achieve increased cost savings and business process efficiency. Ariba applications currently operate on nearly four million desktops around the world. ABN AMRO, BMW, Chevron, Cisco Systems, Hewlett-Packard, and Unilever are among the Fortune 100 companies that put their trust in Ariba solutions.

EdifiXio specializes in the implementation of e-business applications for large industry and retail companies, with offices in France and in the US. Edifixio was founded in September 2000 and utilizes the internet and directed architectures to enhance productivity and collaboration within firms operating globally.

For information: http://www.nepropertyadivisors.com or

Contact: info(at)nepropertyadvisors.com

Phone: 617-558-5501

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