What: Seaport Place
Where: Seaport Boulevard, Boston
Owner: Pembroke
Built: 2000
Foley Hoag LLP has signed a 15-year lease renewal at Seaport West in Boston’s Seaport District. The law firm will continue to occupy 165,000 square feet on five floors for its global headquarters.
Foley Hoag’s decision follows AEW Capital Management’s recent renewal of a 12-year lease for nearly 75,000 square feet at the 16-story Seaport East tower.
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Both buildings are part of the 2.2-million-square-foot Seaport Place, which also includes the Seaport Hotel and the Seaport World Trade Center.
Pembroke, Fidelity Investments’ real estate arm, has submitted plans to update the 705,000-square-foot Seaport World Trade Center on Commonwealth Pier with new outdoor public spaces including a waterfront plaza and new restaurant and retail space on Seaport Boulevard.
They Said It:
“For 17 years, Foley Hoag has recognized the Seaport as an emerging epicenter of business in Boston. Our long-term relationship with Pembroke and the commitment to delivering superior service led us to a decision to remain in our space, particularly as the neighborhood continues to attract both established and developing companies in the life sciences and technology industries.”
— Kenneth Leonetti, co-managing partner, Foley Hoag