Columbia Property Trust Secures 33,000 SF of Leasing at 116 Huntington in Boston
2021年7月29日 - 5:15AM
ビジネスワイヤ（英語）
Momentum Grows at Columbia’s Boutique Back Bay Building with
Series of Leasing Deals, including Expansions and Extensions
Columbia Property Trust, Inc. (NYSE: CXP) announced today that
it recently signed four leases at 116 Huntington Avenue, its
Class-A office property in Boston. The four leases, which included
three extensions and expansions totaling 27,000 square feet and a
new lease for 6,000 square feet, were signed with:
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Columbia Property Trust has secured
33,000 SF of leasing at 116 Huntington in Boston. (Photo credit:
Shoootin)
- Longpoint Realty Partners, a real estate private equity firm
that has expanded its footprint in the building to 8,000 square
feet as part of an eight-year lease;
- Imara, a biopharmaceutical company, which expanded its leased
space to 9,000 square feet as part of a five-year lease;
- Segal, a benefits and HR consulting firm, which now leases
10,000 square feet of office space at the building as part of a
10-year lease extension; and
- Mugar Enterprises, a Boston-based, privately held real estate
development and investment firm, which signed a new
6,000-square-foot, seven-and-a-half-year lease at the
property.
With these transactions, Columbia’s 272,000-square-foot Back Bay
building is nearly 90 percent leased to a diverse roster of
tenants, including financial services, healthcare, and technology
companies. Columbia secured these four leases while also actively
negotiating with restaurant operators as part of its plan to
reposition the ground floor space formerly occupied by Lucca
Restaurant.
“As Imara’s business continues to grow, we are excited to secure
a long-term home at 116 Huntington. Located in the heart of the
Back Bay, 116 Huntington provides our employees with the complement
of convenient commuting access, the streetscape energy of the Back
Bay and the personalized service you can only find in a boutique
office building,” said Michael Gray, Chief Financial and Chief
Operating Officer of Imara.
“We are pleased to retain our headquarters at 116 Huntington in
Boston,” said Reid Parker, Founding Partner of Longpoint Realty
Partners. “After six years at the building, we greatly value its
location and service delivery and were glad to be able to expand
within the same building to meet our needs today.”
“We are pleased to welcome Mugar Enterprises to their new home
and expand our relationships with Longpoint, Imara, and Segal,
accommodating each of these companies as they reimagine and
reconfigure their office spaces to best serve their needs today,”
said Eric Rubin, Senior Vice President CREM and Northeast Real
Estate for Columbia Property Trust. “116 Huntington continues to be
a destination of choice for successful companies that value a
high-end boutique office experience in Boston and desire access to
all the city’s dynamic Back Bay neighborhood has to offer.”
Other notable tenants at 116 Huntington include American Tower,
Silversmith Capital Partners, and GE Healthcare. Local favorite
Jaho Coffee occupies prime retail space in the building, giving
tenants and the community convenient access to an array of food and
beverage options.
Columbia has completed significant enhancements to 116
Huntington since acquiring the building in 2015. These include
modern upgrades to the main entrance, lobby, elevators, and other
common areas, which have elevated and enhanced the experience of
building tenants and guests. Building features include 24/7
security and access and in-building parking, and Columbia also
recently installed bipolar ionization and advanced air filtration
throughout the building to provide a safer and healthier
environment for all building occupants.
116 Huntington still has several opportunities for companies to
enter or expand within the building over the next 18 months.
Upcoming availabilities, which are being marketed by Cushman &
Wakefield, include pre-built office suites that begin at 4,000
square feet, up to full-floor availability.
For more information about the property and availabilities,
visit 116huntington.com.
About Columbia Property Trust
Columbia Property Trust (NYSE:CXP) creates storied properties
for legendary companies in New York, San Francisco, Washington
D.C., and Boston. The Columbia team is deeply experienced in
transactions, asset management and repositioning, leasing,
development, and property management. It employs these competencies
to grow value across its high-quality, well-leased office portfolio
of 15 properties that contain more than six million rentable square
feet, as well as four properties under development, and also has
more than eight million square feet under management for private
investors and third parties. Columbia has investment-grade ratings
from both Moody’s and S&P Global Ratings and has been named one
of Fortune’s “Best Workplaces in New York 2021” among Small and
Medium-sized employers, as well as one of the "Best Places to Work
in NYC 2020" by Crain’s New York. For more information, please
visit www.columbia.reit.
Forward-Looking Statements:
Certain statements in this press release, including statements
regarding future business operations, may constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on management’s current expectations and
involve a number of risks and uncertainties. Our actual results may
differ materially from projections. For a discussion of some of the
risks and uncertainties that could cause actual results to differ
materially from those presented in our forward-looking statements,
see Columbia Property Trust’s filings with the Securities and
Exchange Commission, including the most recent annual report on
Form 10-K. We caution readers not to place undue reliance on these
forward-looking statements, which are based on current expectations
and speak as of the date of such statements. We make no
representations or warranties (express or implied) about the
accuracy of, nor do we intend to publicly update or revise any such
forward-looking statements contained herein, whether as a result of
new information, future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210728005786/en/
Bud Perrone T 212 843 8068 E
bperrone@rubenstein.com
Columbia Property (NYSE:CXP)
過去 株価チャート
から 12 2024 まで 1 2025
Columbia Property (NYSE:CXP)
過去 株価チャート
から 1 2024 まで 1 2025
