Business & Tech
Global Company Plans To Keep Burlington HQ: Reports
A leading company has signed a lease to keep its operations in Burlington, according to reports.
BURLINGTON, MA — Keurig Dr Pepper has renewed the lease for its Burlington headquarters, Boston Business Journal reported.
The business plans to split its coffee and beverage segments. The coffee part of the business will stay in Burlington, while the beverage division will move to Texas, according to Burlington Cable Access Television News. The lease totals 274,000 square feet.
The news comes after the company's recent acquisition of JDE Peet's, a coffee brand.
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The Keurig Dr Pepper building at 53 South Ave. in Burlington sold last year for $85 million.
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