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TMCNet:  BRIEF: Rally Software to expand Boulder headquarters by 89,000 square feet

[June 28, 2013]

BRIEF: Rally Software to expand Boulder headquarters by 89,000 square feet

Jun 28, 2013 (Daily Camera - McClatchy-Tribune Information Services via COMTEX) -- Boulder-based Rally Software Development Corp., the provider of cloud-based services for managing Agile software development, inked a lease that will more than double the size of its headquarters operations.

Rally leased an 89,000-square-foot building that is under development at the company's 3333 Walnut St. site, company officials announced today.

The new building is scheduled to be completed in 2015.

Rally currently occupies the existing 65,545-square-foot building on the corner of 33rd and Walnut streets.

Last fall, Ann Arbor, Mich.-based MAVDevelopment -- which in March 2012 purchased Rally's building and the neighboring 2.35-acre property at 3625 Walnut for $13.78 million and $2.02 million, respectively -- submitted plans to the city of Boulder to build a three-story, 93,000-square-foot addition to the north of Rally's existing building.

Rally officials made modifications to the plans after energy modeling was conducted, so it's likely that those changes affected the building's size, said Tim Miller, Rally's chief executive officer.

___ (c)2013 the Daily Camera (Boulder, Colo.) Visit the Daily Camera (Boulder, Colo.) at www.dailycamera.com Distributed by MCT Information Services

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