CB Richard Ellis/New England and Jones Lang LaSalle lease 7,407 s/f at 2 Oliver Street

September 10, 2009 - Spotlights

2 Oliver Street - Boston, MA

Tim Lyne, CB Richard Ellis/New England

Ben Heller, Jones Lang LaSalle

According to CB Richard Ellis/New England and Jones Lang LaSalle, law firm Nelson, Kinder, Mosseau & Saturley has signed a new 7,407 s/f lease at Two Oliver in Boston's Financial District. The law firm will take space on the 10th floor of the building, a 222,692 s/f office building owned by a joint venture between Westport Point Capital and Prudential Real Estate Investors. CB Richard Ellis represented the ownership in the transaction. Nelson, Kinder, Mosseau & Saturley was represented by Jones Lang LaSalle.
"Our new Boston office at Two Oliver is contemporary, an efficient use of space, and convenient for our clients," said William Saturley, managing partner of Nelson, Kinder, Mosseau & Saturley. "It reflects our culture. Jones Lang LaSalle did a great job in understanding our requirement and directing us to the best deal. They clearly get it."
"2 Oliver St. features excellent space in a great location and we're pleased that Nelson, Kinder, Mosseau & Saturley has decided on our building for their new business location," said Westport Point Capital.
Built in 1903, 2 Oliver St. is an 11-story office building situated on the corner of Oliver, Milk and Batterymarch Sts. just one block from Post Office Square and three blocks from Boston Harbor. The building offers abundant natural light and a recently renovated main lobby with new elevator cabs and expanded visitor seating. The building also offers easy access to Rte. 1, I-93 and I-90 (Mass. Pike) and is within walking distance to public transportation. Two Oliver was purchased by Westport Point Capital in partnership with Prudential Investment Management in 2007.
The CBRE team of Tim Lyne, executive vice president/partner, and Jon Freni, associate, represented Westport Point Capital and investors advised by Prudential Real Estate Investors in the transaction. Jones Lang LaSalle senior vice president Ben Heller and associate Bryan Sparkes represented Nelson, Kinder, Mosseau & Saturley in negotiations.
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