News: Front Section

Freudenheim Partners and Newmark facilitate 9,271 s/f lease for Berklee at 699 Boylston St.

Boston, MA Freudenheim Partners has facilitated a lease on behalf of Berklee. The renowned institution has secured a retail and office space spanning 9,271 s/f at 699 Boylston St., located in Back Bay. This street-level space, formerly occupied by TB12, features first-floor and lower-level occupancy with signage on Boylston St. 

The space will undergo a transformation into dance studios while also housing Melo, a new retail concept offering smoothies and açaí bowls. Melo will operate daily from 7:30 AM to 8:00 PM, catering to both students and the public. This innovative use of the space reflects Berklee’s commitment to enhancing its urban campus with flexible, high-profile facilities that meet the evolving needs of its student body and the community. 

Freudenheim Partners, in collaboration with Ted Chryssicas of Newmark, worked to meet Berklee’s complex requirements, ensuring that the space was not only adaptable for dance studios but also complemented Berklee’s broader urban campus strategy. 

“We are thrilled to have facilitated this lease for Berklee,” said Ellie Cullinan, executive vice president at Freudenheim Partners. “The space required some creativity and vision, but its adaptability for dance studios was a key advantage. The street-level storefront will provide students with a much-needed touch-down space, which is essential for a campus spread throughout an urban environment. Erin McCabe and her team were fantastic to collaborate with, and we’re proud to have played a part in enhancing Berklee’s facilities.” 

Michael Shinn, interim executive director of Boston Conservatory at Berklee, said, “We are all over-the-moon excited about the new space. These studios will be a game changer for our dance programs.” 

The newly leased space at 699 Boylston St. offers Berklee students an exciting venue right in the heart of Back Bay, blending convenience with a high-profile location that will further enrich the college’s presence in Boston.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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 Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

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!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

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 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

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