Campanelli has recently signed two leases totaling 10,600 s/f at 300 Crown Colony, bringing total occupancy at the 118,000 s/f asset to 95%, well above the market average of 80%.
PKF, P.C., a professional services firm providing accounting, auditing, tax and financial consulting, executed a new 3,230 s/f lease to relocate its South Shore office from Norwell, Mass.
MCMC, LLC, a national managed-care services company headquartered at 300 Crown Colony, expanded by leasing an additional 7,371 s/f three floors above its current space, bringing its total footprint to 19,443 s/f.
In collaboration with Peter Brown, director of leasing at Campanelli, the Colliers International team of Jim Elcock, David Goodhue and Caleb Hudak serve as the exclusive leasing agent for the property.
Since purchasing 300 Crown Colony in early 2010, Campanelli has completed a total of 43,256 s/f in lease transactions, increasing occupancy levels from 73% to 95% in a typically 20% vacant south market. The property has attracted seven new tenants with three renewing commitments.
Brown said, "It has been our good fortune to land great tenants from a fairly steady stream of companies touring the building. What makes 300 Crown Colony stand out is the customized, full package of amenities and services that Campanelli offers each tenant."
"Activity and deal flow has significantly increased in the Braintree/Quincy office market of late," said Goodhue. "We are fortunate to accommodate the growth of MCMC within the building and to attract first-class tenants such as PKF. Our success is a testament to the high quality of the building as well as the hands-on, full-service approach to leasing and management of Campanelli."
Located in the premier Crown Colony Park at the intersection of I-93 and Rtes 128 and 3, 300 Crown Colony is a five-story, 118,000 s/f, class A office building. The property features 25,000 s/f floor plates, ample parking and a five-story atrium. Recent capital improvements include a newly designed conference facility and Café 300, a full-service café and corporate caterer.
Immediate highway access via recently completed access ramps and complimentary shuttle services to the Quincy Adams MBTA station and commuter rail make Crown Colony an ideal location for commuters. Additional Crown Colony Park amenities include the Boston Marriott Quincy hotel and restaurant, as well as a Bright Horizons daycare facility. Corporate tenants include State Street Bank, Harvard Pilgrim Health Care, Arbella Insurance Company and Boston Financial Data Services.