Dalton, Hynes and O'Connor of Cassidy Turley represent Cabot Corp. in 66,418 s/f renewal
Cassidy Turley completed the renewal of Cabot Corp.'s office space at Seaport East. The corporate headquarters of Cabot Corp., a global specialty chemical and performance material company, occupies 66,418 s/f of the building.
Seaport East is a 16-story, 502,000 s/f class A office building in the city's Seaport District. The building is adjacent to the harbor and features a 1.6-acre landscaped sculpture park.
Executive managing directors and principals Michael Dalton, Barry Hynes and Chuck O'Connor of Cassidy Turley represented Cabot Corp. in the renewal process. Bill Anderson, Tim Bianchi and Debra Gould of Cushman and Wakefield represented Pembroke Real Estate.
"Cabot Corporation's decision to renew its lease in the Seaport District will benefit the company in a variety of ways," said Hynes. "The Innovation District's consistent growth, its central location, and its wealth of convenient amenities will provide Cabot with the resources it needs for long-term success."
"We are pleased to renew our lease in Boston's Seaport," said Patrick Prevost, president and CEO, Cabot Corp. "As our business and customers' businesses continue to advance, the Innovation District is the prime location for us as a technology innovator. We are proud to be a part of building Boston's future in this evolving neighborhood and look forward to seeing its continued growth."
Cabot Corp. is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, fumed silica, aerogel and elastomer composites.
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 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!
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 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