Jul 2 2010
HMS (NASDAQ:HMSY) today announced it has purchased the building in Irving, Texas where a majority of HMS's employees are located. The purchase price was $9.8 million.
“Irving has proven to be a great place for our employees to live and work. Our modern, state-of-the-art facility provides us with an efficient working environment, along with the space we need to meet our ambitious growth objectives.”
The building, formerly owned by Berkadia Commercial Mortgage LLC, is located at 5615 Highpoint Drive. It features 10 floors and over 225,000 square feet. HMS will sublease two floors to tenants.
Since 2008, when HMS opened its Irving location, the company has more than doubled in size.
"This is great news for employees, clients, and the local community," said Bill Lucia, CEO of HMS. "Irving has proven to be a great place for our employees to live and work. Our modern, state-of-the-art facility provides us with an efficient working environment, along with the space we need to meet our ambitious growth objectives."