Purpura, Smith, Lahey and Beal of Transwestern Consulting Group lease 46,290 s/f for NB Development Group

May 19, 2017 - Front Section
20 Guest Street - Brighton, MA

Brighton, MA Transwestern Consulting Group (TCG) brokered a 46,290 s/f lease on behalf of NB Development Group LLC at 20 Guest St., part of the Boston Landing mixed-use development. The lease with Global Atlantic Financial Group brings the 228,830 s/f building to full occupancy. TCG’s Steve Purpura, Eric Smith, Tim Lahey and Perry Beal represented building ownership, working with NB Development Group’s Jim Halliday and Erin Harvey.

“Boston Landing is the ideal destination for suburban companies like Global Atlantic that are looking for a more urban location with the associated high-end amenities and office space, as well as access to public transportation,” said Halliday. 

Global Atlantic Financial Group, a leading U.S.-focused retirement, life insurance and reinsurance company, will relocate its regional office from Southborough to Boston Landing. The firm will occupy the entire ninth and tenth floors of the Class A office and laboratory building. 

“Boston Landing offers Global Atlantic the flexibility needed to accommodate future growth while providing employees access to a host of regional amenities,” said Kathleen Redgate, chief administrative officer. 

Amenities at 20 Guest St. include a full-service cafeteria, conference center, structured parking and access to the NB Fitness Club. The building is part of Boston Landing, a 15-acre, mixed-use development in the Allston-Brighton neighborhood of Boston that includes the new world headquarters of New Balance Athletics Inc. and the Boston Bruins practice facility. It will also include the Boston Celtics practice facility, which is currently under construction with completion expected in 2018. Moreover, the development includes additional office buildings, retail and restaurant space, a hotel and a sports complex. In addition to the commuter rail station on the Framingham-Worcester line, Boston Landing features a Hubway bike-renting station, easy access to MBTA buses and plentiful parking.

Transwestern provides leasing and management services for Boston Landing. 

Global Atlantic Financial Group was represented by Rob Walles of CBRE and Michael Mathias of Savills Studley Inc.

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