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Mass Mutual takes Record Park to 94% leasing rate

American insurer Massachusetts Mutual Life Insurance Company (MassMutual) chose Record Park as the best place to be outside Bucharest and started fitting out the office into one of the most innovative spaces in Cluj-Napoca.

Mass Mutual is currently in full recruitment campaign, looking to attract over 100 talents in software development, data science and engineering, complementing the original Bucharest operation set-up last year in January in center-West capital. The company will occupy the first floor in Record Park, namely 1,700 sqm class A office space overlooking Canalul Morii and the main plaza of the project.

We are happy to officially welcome MassMutual in our unique project Record Park, proving that a complex project, and our focus on multiple uses benefiting residents, office occupiers or every-day guests, are actually creating appealing communities”, stated Didier Balcaen, CEO and Co-Founder of Speedwell, the developer behind Record Park.

The move marks one of the few office leasing transactions of the turbulent 2020, whilst MassMutual is undoubtedly the largest new-entrant in Romania”, highlighted Andreea Paun, Managing Partner Griffes, who coordinated the set-up and the leasing strategy for Mass Mutual.

MassMutual is a leader in technology and always focuses on innovation, aiming to become one of the most desirable employers in Romania and to contribute to the regional economy.

With MassMutual moving in, Record Park reaches the 94% leasing dash, adding the powerful international name to an extensive line-up of tenants, amongst which MHP Porsche, Yardi, World Class or Stradale.

The Record Park office building was delivered in 2020 offering Cluj-Napoca a mix of 15,000 sqm office space. The project also includes 236 apartments, all anchored by leisure and recreation facilities, and balanced by consistent infrastructure improvements of the neighborhood.



MassMutual was founded in 1851 in Springfield, Massachusetts, and employs over 6,000 employees in the United States of America. The company has constantly been ranked as one of the World’s Most Ethical Companies by Fortune and often included by Forbes in America’s Best Employers for Diversity.

Speedwell was started by Didier Balcaen and Jan Demeyere in 2015. The two Belgian nationals joined forces and combined the rationality and the creativity of developing to create a unique team and an a-typical developer. Speedwell has grown to be a team with in-house architects, designers, legal and fiscal advisors, an in-house commercial team and project managers, thus covering the full spectrum of the real estate development process. Speedwell currently coordinates the development of new projects such as Miro Offices, The Ivy Residential, Triama Residence in Bucharest, Paltim in Timisoara and Riverside City in Ramnicu-Valcea.

Griffes originates in Bucharest, Romania, and was founded by Andreea Paun after 12 years of track record in office leasing. Griffes was the most knowledgeable real estate agency in Romania in 2020 generating leasing transactions of over 24,000 sqm across the country, and acted as leading agent for Record Park, managing to pre-lease it almost entirely before delivery to reputable names such as MHP Porsche, Yardi or WordClass.

ESG Report 2022