By Amy Braun and Barry Dube Commercial Office Facilities Spaces that are the right size can increase productivity, boost employee satisfaction, and attract and retain talent. Office spaces are changing. As market demands and shifting work styles drive companies to re-think the traditional office, facility managers are helping their firms discover many benefits beyond trimming…
Needham-based tech company PTC has selected a team to oversee its tenant fit-out as it prepares to relocate to a new headquarters in Boston’s Seaport District. Cresa’s project management team will oversee PTC’s buildout and relocation to the new 250,000-square-foot offices at 121 Seaport in early 2019. Boston-based Margulies Perruzzi Architects will provide and architectural…
BOSTON—Cresa’s Boston office recently structured a five-year lease agreement for 22,450 SF at the Cross River Center in Lowell, MA for NextShift Robotics, a provider of robotics systems for e-commerce order fulfillment and cellular manufacturing. The new location will house its corporate office as well as its Robotics Test Center where their engineers will manufacture…
MOVING CLOSER TO THE LEASING ACTION December 8, 2017 Tenant advisory brokerage Cresa is moving closer to much of the leasing action in Boston with its selection of a new 11,881-square-foot headquarters at Atlantic Wharf. And it’s following the lead of many of its clients who have redesigned their offices for collaborative working styles, with plans…
HINCKLEY ALLEN RENOVATING AT 28 STATE STREET IN BOSTON’S FINANCIAL DISTRICT By Greg Ryan – Law and Money Reporter, Boston Business Journal November 16, 2017 The law firm Hinckley Allen will be renovating its office at 28 State St. in Boston’s Financial District and taking on more space in the tower to make room for future growth. The…
LAB SPACE REMAINS IN HIGH DEMAND By Steve Adams, Banker & Tradesman Staff October 20, 2017 The 161-acre Suffolk Downs property could accommodate a mini-city of mid-rise office buildings, 10,000 housing units and five hotels, according to the joint bid for Amazon’s second headquarters submitted by Boston and Revere. The proposed residential units “of all…
FEATURED AS ONE OF BISNOW BOSTON’S 16 THINGS YOU NEED TO KNOW ON OCTOBER 20, 2017 October 19, 2017 BY John Coakley, CRESA In big cities, sleepy rural towns, and everywhere in between, there’s an epidemic sweeping the nation: Amazon fever. Ever since the e-commerce giant Amazon announced an unprecedented nationwide search for a second headquarters,…
LAB SPACE REMAINS IN HIGH DEMAND By John Coakley and Paul Delaney September 24, 2017 Cambridge, one of the top three life sciences markets nationally, is considered the epicenter due to numerous factors. The most significant is proximity and access to area universities and research institutions, such as MIT, Harvard, the Broad Institute and the…
AKAMAI’S CONSOLIDATED GLOBAL HEADQUARTERS By Steve Adams Banker & Tradesman Staff July 2, 2017 WHO Adam Subber TITLE Principal, Cresa AGE 42 EXPERIENCE 20 years Tenant brokerage Cresa Boston’s assignment working with tech giant Akamai on a consolidated global headquarters was no straightforward lease transaction. Cambridge’s negligible vacancy rate and Akamai’s requirement for more than 600,000…