FHO Partners brokers 20,000 s/f lease for Global Novations. The company signed a seven-year lease agreement, and will relocate its headquarters from Brighton Landing to 200 West St. Global Novations expects to open its new office in June.
Partner John Boyle, senior vice president Ted Lyon and associate Ryan Romano of FHO Partners represented Global Novations in the transaction. The landlord, Boston Properties, was represented internally by vice president Jason Fivek and leasing representative Austin Barrett.
Located adjacent to the Winter St. interchange of Rte. 128/I-95, 200 West St. is a four-story, class-A office building.
"We are confident that 200 West S. will satisfy both our current and future needs as we continue to grow our company," said Charles Vrtis, director - human resources and administration for Global Novations.
"After an extensive site search, Global Novations found the quality and true value of 200 West Street compelling," said partner John Boyle of FHO Partners. "It was a win-win for both parties."
"Delivering high performance work space and enabling our clients to focus on what is important to their business is our first priority," said Jason Fivek, vice president, leasing at Boston Properties.
Global Novations helps organizations unleash the capacity of their employees. Formed by the 2010 merger of industry leaders Global Lead Management Consulting and Novations Group, the new firm provides an enhanced suite of services around Diversity and Inclusion, Talent Optimization, and Market Optimization. Global Novations is based in Boston with an office in Cincinnati, and maintains operations in Europe, Asia and Latin America.
FHO Partners is a commercial real estate firm offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. The senior partners of the firm have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis.
Boston Properties is a fully integrated, self-administered and self-managed real estate investment trust that develops, redevelops, acquires, manages, operates and owns a diverse portfolio of Class A office space, one hotel, two residential properties and three retail properties. The Company is one of the largest owners and developers of Class A office properties in the United States, concentrated in five markets - Boston, Midtown Manhattan, Washington, DC, San Francisco and Princeton, NJ.