News: Front Section

Cushman & Wakefield/Hayes & Sherry complete 85,000 s/f lease

Tunstall, one of the world's leading tele-care and tele-health solutions providers, has inked a ten-year lease at 100 Freight St. With operations in more than 30 countries and employing more than 1,900 people worldwide, the 85,000 s/f facility, with some minor modifications, made perfect sense from an infrastructure, location, and a growth perspective. As a former call center to PNC Bank/Bank of New York, the facility has redundant power, backup generator, three types of tele-data and multiple internal and external cameras which amount to significant savings for Tunstall. Other building and site features include a high parking ratio, a well constructed and maintained facility which virtually provided Tunstall with minor modifications and a move-in condition facility. Opening in the spring, Tunstall will create over 300 new jobs by the end of 2014, engage local businesses and provide paid job training for 100% of candidates pre-selected for data call center positions. The State of Rhode Island is playing a crucial role in offering job development and training programs, which was the "tipping point" in deciding on Rhode Island versus alternative states. Hayes & Sherry, a Cushman & Wakefield alliance member brokered the lease with Peter Hayes representing Tunstall and Jeff Finan representing the landlord, Kenwood Realty, LLC. Photograph by Aaron Usher
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

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How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

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