News: Front Section

Dziama and McFarland of Avison Young represent Kids & Company in 20,247 s/f lease at 451 D Street

Boston, MA According to CBRE/New England, Kids & Company, a leading provider of corporate-sponsored child care, has signed a 16-year, 20,247 s/f deal to open a childcare facility at 451 D St. in the city’s Seaport District with licensed spots for 200 children and equipped with a dedicated outdoor play area. Exclusive to tenants at 451 D Street, Kids & Company will guarantee placement for employees’ children and waive the registration fees. The child care center will open summer 2017. Avison Young’s Justin Dziama and Karyn McFarland represented Kids & Co. The building is owned in a joint venture between Meritage Properties and Commonwealth Ventures.

“We are thrilled to add Kids & Company to the dynamic roster of tenants at 451D Street,” said Erin Shaw, managing director at Meritage Properties. “On-site childcare will be a terrific amenity for the building as well as the greater Seaport community.”

451 D Street - Boston, MA 451 D Street - Boston, MA

Victoria Sopik, CEO and Co-founder of Kids & Co. said, “Many families are struggling to balance work and life, and we are delighted to provide quality care to families in the Seaport area. Our model provides peace-of-mind to parents knowing their children are in a safe and educational environment, equipped with webcams and no pressure of late fees.”

451 D St. offers a brand-new 3,000 s/f  Wi-Fi-enabled tenant amenity center featuring a lounge area, kitchen, games and conference center. The on-site café offers breakfast and lunch daily, in addition to Fooda and Peach food services. The site also offers a fitness center with towel service, on-site parking, enclosed bike storage, and shuttle service to North and South Stations. The recently renovated lobby provides a vibrant entrance with ease of access to the various amenity offerings.

Kids & Co., a Canadian-owned and operated company, provides high-quality child care and educational learning experiences for children from infancy to 12 years of age. Their innovative model and flexible programs provide full-time, part-time or back-up child care for corporate employees and their participating communities.

CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The company has 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
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

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.