News: Construction Design & Engineering

Jones Lang LaSalle's 1.3m s/f One Financial Ctr. receives LEED EB-O&M Silver

One Financial Center, a 46-story 1.3 million s/f first class office tower that is a prominent part of the Boston skyline, was recently awarded LEED EB-O&M Silver Certification by the US Green Building Council. Owned by a joint venture between an affiliate of Beacon Capital Partners, LLC and MetLife, Inc.,  it is Boston's third LEED Certified office building. The property is managed by an affiliate of Beacon Capital Partners, LLC with Jones Lang LaSalle Property Management acting as sub-agent. The leasing agent is Cushman & Wakefield. The green features at One Financial Center include: an EPA Energy Star Performance rating of 84; a 25% reduction in water usage; alternative means of transportation used by 88% of tenants; a comprehensive recycling program which diverts 60% of the total building waste from landfill and includes composting, sustainable landscaping, and a high performance green cleaning program. "We are already seeing tangible returns because of the certification," said Jones Lang LaSalle general manager Wendy Pierce. "Our commitment to best practices and tenant service has made this a resounding win-win." Pierce teams with assistant property manager Angela Morgan, operations manager William MacInnes and tenant coordinator Chris Wessen. One Financial Center was recently named Boston's Office Building of the Year by the Building Owners and Managers Association (BOMA) in the Over 1 million s/f Category. Jones Lang LaSalle's Property Management Group manages over 14 million square feet of commercial property throughout New England. As the largest property manager in the world, Jones Lang LaSalle manages an extensive range of assets for investors and owners globally.
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