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News: Front Section
Posted: October 7, 2016
Evans and Blue of NAI Hunneman represent Community Research Initiative in 12,901 s/f lease at The Schrafft’s Center
The Schraffts Center - Charlestown, MACharlestown, MA NAI Hunneman recently completed a 12,901 s/f lease transaction with Community Research Initiative (CRI) at The Schrafft’s Center. The independent, non-profit, community based organization is relocating its operations from 38 Chauncy St. in Downtown Crossing.
NAI Hunneman executive vice president Peter Evans and associate Brooke Blue represented CRI in the transaction, while the Molly Heath and John Osten represented landlord The Flatley Company.
“The Schrafft’s Center was the perfect fit for CRI offering first-class space within a transit- oriented, urban destination, while at the same time providing considerable savings in terms of monthly rent; an important consideration for a non-profit like CRI,” said Evans.
“Despite loving our downtown location we needed to find space that was more cost effective to our bottom line,” said CRI executive director Julie Marston. “The NAI Hunneman team conducted an exhaustive search of the area and presented numerous options with extensive analysis on each property and market. In the end Peter and Brooke found us a space that met both our immediate and long-term needs while allowing us to remain in close proximity to downtown with access to amenities and public transportation.”
Community Research Initiative (CRI) is an independent, nonprofit, community-based organization in New England dedicated to HIV and hepatitis C clinical research, treatment education, and financial assistance for approved HIV drug treatments and health insurance coverage.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
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