News: Front Section
Posted: May 30, 2013
Lowe and Leitner of Cresa Boston negotiate two new leases at 260 Franklin Street
Rick Lowe and Brandon Leitner of Cresa Boston recently represented TFC Financial Management and Donnelly Conroy & Gelhaar, LLP in two separate office leases totaling 13,984 s/f in the city's Financial District. Both companies are relocating to 260 Franklin St.
Donnelly, Conroy & Gelhaar, LLP, a law firm that concentrates its practice in business litigation, white-collar criminal defense, securities enforcement litigation, and employment law, is relocating its headquarters from its One Beacon St. address. The firm will occupy 7,200 s/f on a portion of the 16th floor of the 23-story, 367,842 s/f, class A office building. The company's move is slated for September.
TFC Financial Management, an independent financial management firm that offers financial solutions in the New England area, will occupy 6,784 s/f on a portion of the 18th floor in the same building. The company is currently located at 30 Federal St. Cresa's project management group will oversee the construction and move-in for the company, slated for completion in June.
In both transactions, the landlord, Heitman Capital Management, was represented by Tom O'Regan, Brad McGill, and Dan Cavanaugh of Jones Lang LaSalle.
Cresa LLC, the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston. Lowe, head of the Downtown group, and Leitner are part of Cresa Boston's Downtown market team, which also includes Matt Harvey, Derek Losi, and Jon Vacca.
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain, and Facilities Management. With almost 60 offices, Cresa is the largest tenant representation firm in North America.
Tags:
Front Section
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,
.png)
Columns and Thought Leadership
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
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:
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.
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.