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News_icon Wednesday, February 25, 2009

Klemmer Associates Brokers Purchase for EBSCO Publishing - written by Greg Klemmer
Ipswich, Massachusetts

Klemmer Associates, LLC, announced it was the sole broker in the purchase of the former Ipswich Chronicle building at 2 Washington Street in Ipswich, Massachusetts. The building will be occupied by EBSCO Publishing the world’s premier database aggregator. They are a division of EBSCO Industries Inc., which is one of the largest privately held companies in the United States. For more information please visit their website at: www.ebscohost.com.

EBSCO has grown to more than 750 local employees since moving to Ipswich in 1996 and currently has more than 1,000 total employees located around the globe. Finding additional space within Ipswich has been a priority for the company as it plans for the future.

Two Washington Street will provide EBSCO with more than 19,000 square feet of office space and about 90,000 square feet of land. The company sees the property as potential site for a new, larger building, should the company’s growth require it.

EBSCO President, Tim Collins, says as the company continues to create and acquire new products to serve the needs of researchers, the need for space also grows; "We are always moving forward as a company but the fact remains that growing a business also requires physical space. Being able to expand within the town of Ipswich is the best of all possible solutions. The space will help us plan for future expansion while keeping our campus within the local environs."

New EBSCO Building at 2 Washington Street in Ipswich, MA

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