TowerPoint PicMeritage Properties has signed leases with OwnerIQ, Weidlinger Assoc. and existing tenant Rethink Robotics at the Tower Point office property at the corner of Wormwood and A streets in the Fort Point area of Boston.

OwnerIQ is relocating from 320 Congress St. in Boston to 11,600 square feet of the building. Weidlinger Assoc. will lease 12,000 square feet and Rethink Robotics will expand into another 8,300 square feet.

So far in 2012, the owner has signed new leases with seven tenants for more than 50,000 square feet.

"The continued influx of companies into the Innovation District and to Tower Point specifically is a great testament to the long-term viability of the Seaport as the new home for creative companies in Boston" said Meritage Properties’ Director Erin Shaw. "We’re fortunate to have had the opportunity to operate and upgrade Tower Point over the past four years, and are excited about the energy that these seven groups bring to the building. Working with Jones Lang LaSalle has been an important benefit on the leasing front, as they share our long term vision of technology and innovation for the building and have sought out new tenants that fit with that theme."

The Jones Lang LaSalle team of Ben Heller, managing director; Tom O’Regan, executive vice president; and Bryan Sparkes, vice president, represented Meritage Properties. Steve Rich, senior vice president for UGL Services, represented Weidlinger Assoc., while Rethink Robotics was represented by Tim Latham of Lincoln Property. OwnerIQ was represented by the Cresa team of Mitch Jacoby, Rick Lowe and Brandon Leitner.

Three Leases For 31,822 SF At Tower Point In South Boston

by Banker & Tradesman time to read: 1 min
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