Four companies have signed leases for a total of 79,500 square feet at Seaport Center, Boston.
Monster.com and Verizon have each leased 28,000 square feet, Altran Solutions has leased 13,500 square feet, and Interaction Associates will occupy 10,000 square feet at Seaport Center, a 465,000-square-foot first class office building at 70 Fargo St. in the South Boston Seaport District.
The office will be Monster.com’s first Boston location. The online career development company will occupy the fifth floor as a data center. Verizon is renewing its sixth floor telecom facility. Altran has renewed its lease for its northeast headquarters. Interaction Assoc. is moving its east coast headquarters to Seaport Center from Cambridge.
"This is great for Boston. I want to welcome Monster.com and Interaction Assoc.to the city," Boston Mayor Thomas M. Menino said. "They join a number of other great companies that are located in our Innovation District and I think they will enjoy taking advantage of all that the South Boston Waterfront has to offer."
Jones Lang LaSalle Managing Director Bill Barrack, and Senior Vice President Ben Heller served as brokers representing the landlord.
NAI Hunneman represented Monster. Verizon was represented by CB Richard Ellis, Grubb & Ellis represented Altran, and FHO Partners negotiated on behalf of Interaction Assoc.
"We could not be more pleased than to have the opportunity to keep two great companies like Verizon and Altran at Seaport Center," said Beal Companies Senior Vice President Stephen N. Faber. "Adding Monster.com and Interaction Associates to our building demonstrates the desirability of the Seaport District and our property which is most gratifying. On behalf of our partners we thank everyone for their hard work in making these transactions happen."
"The in-migration of Monster and Interaction Associates bodes well for the Boston market. The building’s significant infrastructure and the ownership’s creative deal making were pivotal factors in these transactions," Heller said.