CRE Industry Taps Life Science Talent Pool for Expertise By RJ Panzo, Senior Vice President, Life Sciences, Cresa Rapid innovation in the life sciences has driven the need for many different types of labs and technical spaces. Where standard chemistry and biology labs could once accommodate most processes, the rise of cell/gene therapies, RNAi, protein…
Disruptive Technologies “Smooth” Facility Management for PTC’s New Global Headquarters By Marc Margulies and John Civello New technologies are disrupting traditional ways of working and standard concepts of workplace design and facility management. These so-called “disruptive technologies” for real estate and facility management functions offer opportunities to fundamentally change the workplace paradigm in three…
Gold Award: PTC began its fitout even as 121 Seaport was still under construction. BUILDING TEAM AWARDS | JUNE 10, 2019 | JOHN CAULFIELD, SENIOR EDITOR For its new headquarters, PTC, a market leader in Internet of Things and augmented reality systems, took an 18½-year lease on the top nine floors of the…
By Rowan Walrath – June 3, 2019 Nearly a year after moving into its new office—squarely in the Financial District, but steps away from the Seaport—real estate agency Cresa is feeling very much at home. Located on the 10th floor of the mixed-use tower at 280 Congress Street, the space offers Cresa access to both…
In a seven-story office, “Where are you?” is a frequent question By Lucia Maffei – February 19, 2019 Things didn’t look like this in Needham, for sure. After 18 years in the greater Boston area, industrial software maker PTC – one of the biggest software companies in Massachusetts, with more than $1 billion in revenue and…
By Steve Adams | Banker & Tradesman Staff | Feb 1, 2019 Skanska took a chance with a nontraditional design for its speculative 121 Seaport office tower, developing an oval-shaped building that stands out from most of the South Boston waterfront’s boxy architecture. The unorthodox approach was a selling point for PTC, a Needham-based…
COMPETITIVE CLIMATE Shortage of Quality Space Limits Occupier Options By By Adam Subber and Dan Sullivan | Special to Banker & Tradesman | Dec 30, 2018 Take the pulse of the commercial real estate market right now and you’ll see a fundamental imbalance in the supply and demand for office space in the city…
November 6, 2018 | Cameron Sperance, Bisnow Boston An office space crunch in Boston is getting some relief thanks to one of the city’s largest employers. John Hancock is consolidating its Boston operations to its 1.2M SF Back Bay campus, freeing up its 465K SF headquarters at 601 Congress St. as early as spring 2019.…
By Tim Logan GLOBE STAFF NOVEMBER 05, 2018 Boston’s red-hot office market has a bit of a problem. There’s a shortage of space to rent these days. Now, John Hancock is poised to profit from that shortage. The insurance giant is moving out of a roughly 500,000-square-foot office building at 601 Congress St.…
What: Cresa offices Where: 280 Congress St., Boston Built: 2018 Owner: Boston Properties The Boston offices of tenant representation brokerage Cresa have relocated to Atlantic Wharf on the downtown waterfront. Cresa hired Boston-based architects TRIA to provide interior architecture and corporate design services, creating an open and collaborative workspace that maximizes natural light and offers commanding Boston Harbor views. Glass-fronted offices and clusters of low-walled…