News: Front Section

Avison Young brokers 54,849 s/f lease renewal for Oliver Wyman at the John Hancock Tower, 200 Clarendon Street

Avison Young has brokered a 54,849 s/f lease renewal at the John Hancock Tower, 200 Clarendon St. The Avison Young team led by principals Jack Kerrigan, Karyn McFarland and Steve Cook represented the tenant, Oliver Wyman. Avison Young vice president, Matt Twombly also provided brokerage support. David Provost, senior vice president and Philip Dorman, vice president, represented Boston Properties. Located in the city's Back Bay neighborhood, the 62-story, 1.7 million s/f John Hancock Tower is New England's tallest building. The iconic tower offers 360-degree panoramic views of the Back Bay, Charles River, Cambridge, the Public Gardens, Boston Harbor and the surrounding areas. "Oliver Wyman has enjoyed a long term tenancy in the Hancock Tower and is excited to be continuing their tenancy in the Back Bay's premier building" said Kerrigan. "Furthermore, Oliver Wyman is pleased to remain within the Boston Properties portfolio as they enjoy a wonderful working relationship." Over the past four years, Avison Young has grown from 11 to 46 offices in 36 markets and from 300 to more than 1,200 real estate professionals across Canada and the U.S. Oliver Wyman is a global leader in management consulting. With offices in 50 cities across 25 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm's 3,000 professionals, help clients optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a wholly owned subsidiary of Marsh & McLennan Companies.
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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