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    Mass. Movers

    Athenahealth finalizes building purchase

    istockphoto.com

    Athenahealth Inc., which provides electronic record and billing systems to hospitals and other medical industry clients, said that it has finalized its purchase of the Watertown “Arsenal on the Charles,” a 29-acre, multiple building property situated on the Charles River. In December, the company disclosed that it had agreed to pay $168.5 million to acquire the parcel from Harvard University. The campus already serves as athenahealth’s headquarters, but executives said buying the property will allow them to expand in coming years. The complex is located about 10 miles from downtown Boston.

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