News: Front Section

City Realty hits 90% leasing milestone at 1515 Hancock St.

Shown (from left) are: Quincy Chamber of Commerce president and executive director Tim Cahill;
City Realty Group managing partner Stephen Whalen; Quincy mayor Thomas Koch;
City Realty Group acquisitions director Sean Rose; City Realty Group senior property manager
Dave Fisher; and City Realty Group VP of project management Jacob Simmons.

Quincy, MA According to City Realty Group, 1515 Hancock St., a premier class A office building located in Quincy Center, has reached 90% leased status. This milestone marks a remarkable achievement, considering the property was acquired with an initial occupancy of 45% less than 18 months ago.

The leasing success at 1515 Hancock can be attributed to the dedicated efforts of City Realty Group’s hard-working team, who have transformed the building into a dynamic and comfortable workspace. City Realty Group’s commitment to active outreach, creative space planning, and flexible lease structures has attracted a diverse range of tenants, contributing to the vibrant community within 1515 Hancock.

In a significant development, City Realty Group is excited to welcome three new tenants to the building. Among these additions are Regus, a renowned serviced coworking space provider; Bailamos Dance Studio, bringing the joy of dance to the community; and The Alley, a national bubble tea franchise, adding a refreshment option for tenants.

The addition of these tenants not only underscores the desirability of 1515 Hancock but also demonstrates City Realty Group’s commitment to curating a diverse and thriving business ecosystem within the building.

“We are thrilled to welcome Regus, Bailamos Dance Studio, and The Alley to 1515 Hancock. The addition of these new tenants underscores the building’s appeal and further solidify its position as a hub of innovation and collaboration in Quincy Center,” said Stephen Whalen, managing partner at City Realty Group.

MountainOne Bank has played a pivotal role as a key partner in realizing these plans, contributing to the continued success of 1515 Hancock. City Realty Group extends its gratitude to MountainOne Bank and looks forward to the building remaining a fixture of the city’s commercial district.

1515 Hancock, with its 140,000 s/f of class A office space, is located near the MBTA Red Line station, making it a prime destination for businesses seeking a central and accessible location.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary