Near 24,000 square feet at 150 Dow Street will accommodate Dyn’s current and future growth
Manchester, NH (Marketwire – February 4, 2011) – Dyn is pleased to announce the recent lease of 23,600± SF of professional office space through NAI Norwood Group of Bedford, NH. The new office location is within a mill building at 150 Dow Street, Manchester, NH. Perry Snow and Chris Norwood of NAI Norwood Group represented Dyn in this transaction. Rick Mulvee of Tower Realty Group represented the Landlord.
Grown and cultivated in Manchester, the Infrastructure-as-a-Service company (IaaS) was named Business NH Magazine’s “Best Small Company to Work For” in 2010. In 2008, the firm was awarded NHBR’s Business Excellence Award in Technology. A rapidly growing company, Dyn acquired three complimentary technology firms in 2010, including Manchester-based SendLabs, and has doubled their employee base over the past year.
The move of their headquarters to 150 Dow Street will serve to expand Dyn’s spatial needs, match their corporate positioning and culture and allow them to further grow their business and create more local jobs.
It will allow the company to continue on the path of providing one of the best places to work anywhere with nuances like an outdoor deck/patio, DJ booth and a tree fort conference room as part of the plans. The new space will also allow Dyn to host more expansive DynTini events – a signature series of get-togethers that can happen anywhere, at any time and have become must-attend events.
“We needed a partner to help us find a location that met the needs of our employees in terms of aesthetics and location and the needs of our business in terms of cost and scale,” said Gray Chynoweth, VP, Business Operations & General Counsel at Dyn Inc. “NAI Norwood Group was that partner, they took the time to really understand our needs, explore and vet opportunities and help us negotiate the best deal possible. Simply put, NAI Norwood Group was vital to the success of our effort.”
NAI Norwood Group, with offices in Bedford and Portsmouth, is an affiliate of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, NAI Global clients have built their businesses on the power of NAI’s expanding network. NAI Global’s extensive services include corporate real estate services, brokerage and leasing, real estate investment and capital market services, and consulting services. For more information, please visit their site.