Boston, MA Newmark Knight Frank (NKF) has completed a 56,962 s/f lease to DataRobot at 225 Franklin St. NKF represented both the property owner, Oxford Properties Group, and the tenant, bringing the building’s occupancy to 90%. DataRobot signed the lease following NKF’s strategic analysis of suitable, local options for the company’s new headquarters.
225 Franklin St. is a class A, 943,605 s/f office building. The 33-story mid-rise was built in 1965 and renovated in 1990. 225 Franklin features large, flexible floor plates, and on-site amenities including: Intelligentsia Coffee (with new lounge in building lobby), Sweetgreen, Foumami, Equinox, and The Foundation, a conferencing and amenity center including tenant lounge with a kitchen area and catering capacity, golf simulator, locker rooms with showers, bike storage, two high capacity meeting rooms, and 237 spaces of on-site parking. Situated in the city’s financial district, the building offers access to Post Office Sq., Langham Hotel, an array of restaurants, food trucks, and is three blocks from South Station.
Relocating from 1 International Place, where DataRobot leased 31,407 s/f, the firm selected NKF to assist in finding a larger, more efficient space for the growing company. The team ultimately secured the lease at 225 Franklin based on its location, amenities and large floorplates offered. NKF senior managing director Jason Cameron, executive managing director David Martel and transaction services specialist Tim Giarrusso represented ownership while NKF director Ben Sutton and executive managing director William Motley represented DataRobot.
“DataRobot selected 225 Franklin St. due to it having three contiguous floors available that featured generous natural light, efficient floor plates and possible future expansion opportunities,” said Sutton.
“225 Franklin is an exceptional property and Oxford has recently revitalized the space with a new lobby, the addition of retail conveniences at the ground level, and a state-of-the-art amenity center,” said Matthew Polhemus, senior manager of leasing at Oxford Properties Group. “DataRobot is an example of our commitment to working collaboratively with our customers to understand their business needs and provide world-class services.”
DataRobot plans to take occupancy of its new space by September.