News: Front Section
Posted: August 19, 2016
Lowe of Cresa Boston arranges 7,109 s/f lease to Covington Associates at 99 Summer Street
Rick Lowe, Cresa BostonBoston, MA Rick Lowe of Cresa Boston represented Covington Associates in a 7,109 s/f new office lease for a portion of the 2nd floor at 99 Summer St. Covington Associates is an investment banking firm providing advisory services to the healthcare, business services, consumer & industrial, and technology industries. Covington Associates currently occupies space at 265 Franklin St.
99 Summer Street - Boston, MAAccording to Lowe, Covington’s goal was close proximity to South Station. He said 99 Summer St. offered the most attractive long-term space solution and full-service building amenities, leading to the decision to relocate to the building.
Barry Dubé and Mike McCormick from Cresa’s Project Management Group are overseeing the buildout of the space.
The projected move-in date is October 1.
The landlord, Rockpoint Group LLC, was represented by JLL in this transaction.
Cresa is North America’s largest tenant-only commercial real estate firm. In representing tenants exclusively — no landlords, no developers — Cresa provides unbiased, conflict-free advice. Integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. Cresa offers clients customized solutions with nearly 60 offices in 75 markets worldwide.
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