News: Spotlights

Jones Lang LaSalle signs 7,610 s/f lease renewal for Spagnolo Gisness

Spagnolo Gisness & Associates, Inc. has leased 7,610 s/f of first class office space at 200 High St. The space serves as SG&A's Boston studio. Jones Lang LaSalle senior vice president Tom O'Regan and associate Patrick Nugent represented the property's owner, Two Hundred Mortgage Associates LP, an affiliate of The Davis Companies. Vice president Lauria Brennan and partner Peter Famum of FHO Partners negotiated on behalf of the tenant. SG&A principal Al Spagnolo said, "Our workforce has been key to our success, and it was important to remain close to our clients, while allowing us an advantage in recruiting and retaining employees. We are pleased with the work conducted by FHO Partners in assisting us with renewing our lease at this location." "We are thrilled to retain our good friends at SG&A here at 200 High St.," said Duncan Gilkey, senior vice president and director of leasing for The Davis Companies. "We have built a strong personal relationship with them during their long-standing tenancy. The space furthers their culture of collaboration, and client-drivin approach to service and design. It will serve them well in the future." 200 High St. is a six-story 96,113 s/f historic office/retail building on the corner of High and Board Sts. in the Financial District overlooking the Rose Kennedy Greenway and the Boston Harbor. Built in 1860 by Chase & Sanborn for tea storage, 200 High St. was completely renovated and expanded in 1990, including a completely refurbished lobby and common areas.
MORE FROM Spotlights
Spotlights

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!
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Navigating conversations and industrial real estate: Unveiling the intricacies with a dash of dad jokes - by David Skinner

Here are a few of my favorite topics of conversation: politics, religion, money, and relationships. Other than a below average level of social capability, why do you suppose that those are some of my favorite conversation pieces? Well, I believe that there is a fascinating truth hidden within these realms
CRE market continues to navigate and adjust - by Kristie Russell

CRE market continues to navigate and adjust - by Kristie Russell

The New Hampshire commercial real estate landscape has experienced notable fluctuations in recent years. Within the office sector, there has been a consistent uptick in available space since 2020, attributed to a wave of companies downsizing or closing their New Hampshire operations. However,
Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Risk-based capital requirements: Impact of rules on commercial real estate loans - by Michael Chase

Two popular sources of commercial real estate financing are banks and insurance companies. According to the Mortgage Bankers Association, banks and insurance companies combined hold 54% of the nearly $4.7 trillion in outstanding commercial mortgages as of the end of 2023. Both of these lender groups are subject to regulations