News: Front Section

Columbia Property Trust retains DTZ as exclusive leasing agent for 116 Huntington Avenue, Boston

Columbia Property Trust, a publicly traded office REIT, has retained DTZ as the exclusive leasing agent for 116 Huntington Ave., which Columbia recently acquired. 116 Huntington Ave. is a 15-story, 274,000 s/f class A office building constructed in 1990. Located in the Back Bay neighborhood, 116 Huntington Ave. is adjacent to Copley Plaza and Prudential Center, two iconic mixed-use landmarks in the Back Bay. Executive managing director Glenn Verrette and senior vice president John McHugh of DTZ will serve as the brokers for 116 Huntington Ave. "Boston's Back Bay is a hub of innovation and we expect continued growth in this exciting 24/7 submarket," Verrette said. "116 Huntington's superior location and overall quality and amenities make the property a dynamic and desirable option for Back Bay companies." "Our tenants at 116 Huntington Ave. will enjoy unparalleled amenities and a prime location in the heart of the Back Bay," said Brian Berry, senior vice president of Columbia Property Trust. "We are very excited to contribute to the growth and development of this vibrant Boston neighborhood." Columbia Property Trust, a publicly traded REIT, invests in high-quality commercial office properties in primary markets nationwide and has achieved an investment-grade rating from both Moody's and Standard & Poor's rating services. As of January 8, Columbia Property Trust's portfolio consists of 38 office properties and one hotel, which included 55 operational buildings and comprised approximately 16.3 million s/f, located in 15 U.S. metropolitan statistical areas (MSAs). DTZ is a global leader in commercial real estate services providing occupiers, tenants and investors around the world with a full spectrum of property solutions. Their core capabilities include agency leasing, tenant representation, corporate and global occupier services, property management, facilities management, facilities services, capital markets, investment and asset management, valuation, building consultancy, research, consulting, and project and development management. DTZ manages 3.3 billion s/f and $63 billion in transaction volume globally on behalf of institutional, corporate, government and private clients. Their more than 28,000 employees operate across more than 260 offices in more than 50 countries and proudly represent DTZ's culture of excellence, client advocacy, integrity and collaboration.
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