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FOR IMMEDIATE RELEASE:
Location, Inc. Signs Multi-Year Lease At Mercantile Center’s 120 Front Street in Downtown Worcester
Big Data Geographic Analytics Company to Lease 4,600 Square Feet at Newly-renovated Office Building on Worcester Common
Worcester, Mass., November 6, 2017 — A multi-year lease agreement with Location, Inc., a leading provider of location-based analytics, has been signed with Franklin Realty Advisors, developers of Mercantile Center, for 4,600 square-feet of Class A office space at 120 Front Street in the heart of Worcester’s downtown business district.
Chip Norton, president of Franklin Realty Advisors, said, “Our building at 120 Front Street is a strong strategic site for innovative businesses like Location, Inc. that are seeking a central vantage point in an urban setting close to a transportation hub and surrounded by neighborhood amenities. We are excited to welcome Location, Inc. and their employees to our downtown community.”
Beginning in December 2017, Location, Inc. will occupy the 4th floor of 120 Front Street, the recently renovated nine-story office building facing Worcester Common and City Hall. A leader in geographic data sciences, Location, Inc. provides address-level risk intelligence and predictive analytics for businesses across the U.S. and Canada via web-based reports and streaming data. For any address, Location, Inc.’s data reveal the risk of fire losses, water damage, theft, assault, burglary, auto theft, and even real estate investment opportunity.
In 2015, Location, Inc. was honored by the Worcester Business Journal as one of the top companies for employee rewards and recognition.
Dr. Andrew Schiller, CEO and founder of Location, Inc., said, “We are thrilled to stay in Worcester and be part of the new downtown experience. Our team of tech innovators and data scientists is growing, and we look forward to relaxing on the Common, eating at nearby restaurants, and finding a new Happy Hour spot. It’s not easy to find a location with walkable amenities, and an easy commute. But we’ve found it at Mercantile Center in downtown Worcester.”
Leasing for Mercantile Center is handled by Kelleher & Sadowsky Associates, Inc.
For more information about Mercantile Center visit https://www.mercantileworcester.com.
About Franklin Realty Advisors LLC
Franklin Realty Advisors LLC is a regional real estate development and advisory firm headquartered in Wellesley, Massachusetts with specific expertise in public/private partnerships and historic preservation projects. Over the past 18 years the managing directors and senior management of the firm and its affiliates have developed, acquired and/or managed nearly $1 billion of real estate projects throughout the United States, including more than $200 million in office and mixed-use projects in Central Massachusetts. Some significant local projects include the $100 million Southbridge Innovation Center, Mercantile Center in downtown Worcester, One and Two Chestnut Place in Worcester, The Worcester Business Center and 385 Grove Street in Worcester.
About Location, Inc.
Location, Inc. is a leader in geographic data sciences, providing street- and address-level location intelligence and predictive analytics for businesses across the U.S. and Canada via web-based reports and streaming data. Since 2000, the company has amassed the most accurate and comprehensive catalogue of spatial data products available today, with complete, national coverage and sub-Zip Code granularity. A pioneer in building micro-spatial data products, Location, Inc. specializes in real estate market insights and projections, and crime and hazard risk products for the real estate, insurance and finance sectors. More than 70 million people and businesses have leveraged the Company’s data products to make informed location decisions, fuel major investments, mitigate risk, protect assets, and uncover opportunity. For more information, visit www.locationinc.com.