GE Leases Offices at One Financial Center
GE will relocate its Boston offices across Fort Point Channel to One Financial Center after leasing approximately 30,000 square feet in the office tower near South Station.
Hot Property: 116 Huntington Ave.
Columbia Property Trust has inked new leases and renewals with 10 tenants totaling 115,000 square feet at its 116 Huntington Ave. property, including the first East Coast location for SOL Cucina.
One Lincoln Plans $200M Upgrade for New Anchor
The owners of Boston’s One Lincoln will spend $200 million to update the 1.1 million-square-foot office tower after landing a partial replacement for departing anchor tenant State Street Corp.
Hot Property: 211 Congress St.
Seven companies have committed to more than 30,000 square feet of leases and renewals at 211 Congress St., an 80,000-square-foot office building overlooking Post Office Square in Boston’s Financial District.
Class B Properties Feel Brunt of Office Market Pullback
Asking rents for class B office properties in Boston declined by double digits while availability rates hit near-record highs of 22.3 percent.
Stantec Combining Boston Offices with Downtown Move
Design and engineering firm Stantec will consolidate its two Boston offices and relocate to 40 Water St. in the Financial District as part of its new hybrid workplace strategy.
Downtown Office Tower Lands Law Firm Relocation
A relocation by a downtown law firm will fill two floors at a Boston office tower that was renovated just prior to the pandemic.
One Congress Close to Landing Second Big Tenant
A lease by a second major tenant could fill up the 1 million-square-foot One Congress office tower at Boston’s Government Center well before its scheduled completion in January.
Office Tenant Downsizes in 115K SF Winthrop Center Move
A Boston investment firm will relocate to Millennium Partners’ Winthrop Center skyscraper after leasing 115,000 square feet in the Financial District office-residential tower.
Consultants Ink Leases in Fort Point and Concord
A consulting firm is leasing space in Boston’s Fort Point and Concord in a dual expansion of its downtown and suburban real estate footprint.
SimpliSafe Inks Biggest Office Relocation of COVID Era
Boston-based home security company SimpliSafe’s future downtown headquarters will include a mix of individual, group and engineering lab workspaces as it relocates and expands to 150,000 square feet at 100 Summer St.
Banker & Tradesman’s Editorial Cartoon: Bye Bye, Ball Pits
There’s one downside to the seeming end of the Boston office market’s slide.
Boston Office Market Turned Corner in Q3
The Boston office marked cleared a “psychological hurdle” by recording 307,000 square feet of positive absorption in the third quarter after retreating for six straight quarters, according to a new research report.
Wellington Management Reups at Atlantic Wharf Through 2036
Wellington Management will retain its anchor tenant status at Atlantic Wharf in Boston after signing a 524,000-square-foot lease renewal and expansion.
One Post Office Square to Add Medical Clinic
The owners of the 1.2 million-square-foot One Post Office Square are partnering with a newly-formed provider of “concierge” health care services on a new clinic at office tower, and will pay for memberships for tenants’ employees.
One Lincoln Owner Details Post-State Street Repositioning
The owner of Boston’s One Lincoln St. plans a major repositioning of the 36-story office tower following the departure of State Street Corp.’s headquarters, including a new 25,000-square-foot terrace in the sky with basketball and tennis courts and outdoor dining.
Boston Office Occupancy Rises and Givebacks Decline
Daily occupancy at downtown Boston office buildings increased to approximately 11 percent at the end of March as companies resumed a modicum of normalcy amid the vaccine rollout.
Majority of Boston Office Deals Now Subleases
After a year of disruption to office occupancy, tenants have more leverage to negotiate deals with landlords in Boston and other cities with gluts of sublease space.
Sasaki to Design Updates to New Downtown Offices
The new owner of a downtown Boston office building will partner with anchor tenant Sasaki Associates on redesigns of the 1899 structure.
First Major Office Lease Signed in Boston During Pandemic
Columbia Threadneedle Investments has signed a lease for a new headquarters in downtown Boston, but plans to shrink its footprint even as it bucks the predicted trend among the city’s office tenants.
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