New Boston Fund, a private real estate investment, development and management firm will relocate its Boston office to 75 State St. from its current address at 60 State St. in late September.
The company will occupy 24,233 square feet, according to a statement.
"Located in the heart of the Financial District, 75 State St. is home to many leading Boston-based companies," said Peter S. Farnum, partner at FHO Partners. "We were pleased to help New Boston Fund secure an attractive lease agreement at this established and amenity-rich building, where they can continue to grow their business among the very best."
"We are very excited about our upcoming move to 75 State St. which will provide our employees with a fantastic amenity base and continue the firm’s commitment to Boston and the New England market," said Tim Medlock, president at New Boston Fund. "We have capital available to invest in each of our target regions and from this strategic location we will continue to pursue new investment in the Boston market through projects such as Parcel 24, a high rise multi-family development on the edge of the Chinatown district."
Farnum, Partner Chuck O’Connor and Senior Vice President Alison Cavanaugh of FHO Partners represented New Boston Fund in the transaction. The landlord, Brookfield Properties 75 State LLC, was represented by Richards Barry Joyce & Partners. A 31-story, art deco office building with 700 underground parking spaces, 75 State St. recently achieved Leadership in Energy and Environmental Design (LEED) Existing Buildings: Operation & Maintenance Gold designation.





