Tenant Fit-Out Team Named for PTC Headquarters

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…

Cresa Oversees Corporate Relocation of NextShift Robotics

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…

Why One Law Firm Opted for Downtown Over Seaport, Back Bay

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…

Amazon Bit Renews Talk Rail Ferry Expansion

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…

A Creative Deal in the Kendall Square “Supercluster”

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…