Boston Private Financial Holdings to Remain at Ten/10 Post Office Square
5 Dec, 2012, Boston
Cushman & Wakefield today announced the completion of a 149,940 square foot (SF) office renewal lease with Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) at Ten/10 Post Office Square in Boston. Cushman & Wakefield's team led by Debra Gould, Jim Brady and Ryan Hurd represented the landlord, Broadway Partners. The tenant, Boston Private, was represented by Chuck O'Connor and Ali Cavanaugh of Cassidy Turley.
John Rivard, Chief Operating Officer of Broadway Partners, said, "We are very pleased to reach a deal to extend Boston Private Financial's occupancy at Ten/10 Post Office Square for an additional 11 years. Boston Private is a very important customer of ours and we look forward to continuing our successful relationship. We believe that this long-term commitment to Ten/10 by such a highly regarded firm as Boston Private Financial is a testament to the property's strong standing in the Boston office market."
Under the terms of its agreement with Broadway, Boston Private renewed and expanded its existing lease early to a total of 149,940 SF.
Ten/10 Post office square, a renowned business address, is an architecturally significant icon embracing the elegance of Boston's historic character. Strategically located in the epicenter of Boston's Financial District, the building overlooks Post Office Square and is proximate to all major transportation connections and nearby amenities.
Boston Private Financial Holdings is a national financial services organization comprised of affiliates located in key regions of the U.S. that offer private banking, wealth advisory and investment management services to the high net worth marketplace, selected businesses and institutions.
Broadway Partners is a private real estate investment and management firm that invests in high quality office properties in select markets nationwide. Since 2000 the firm has acquired assets with a transaction value in excess of $15 billion and currently owns interests in assets totaling over 5.5 million square feet located in Boston, New York, Los Angeles and San Francisco. The firm is a vertically integrated owner/operator and its equity partners represent a cross section of both domestic and international institutional and private investors.
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