Cassidy Turley has leased 2,799 s/f to Conquest Capital Partners at One Adams Place for a lease term of five years.
Senior managing director, principal Sean Teague and associate Kate McGovern of Cassidy Turley represented the landlord, CommonWealth REIT while Rob Byrne of Transwestern RBJ represented Conquest Capital Partners in this transaction. One Adams Place is managed by Reit Management & Research LLC, Real Estate Services.
Constructed in 1986 and renovated in 2004, One Adams Place is a five story 124,777 s/f class A office building. The building's exterior is attractive polished granite and its large floor plates are designed for functionality and flexibility. The floor plates are 25,000 s/f with Walker Duct Systems built into the floors. These features make the building ideal for both a corporate headquarters and back office use.
Amenities within Adams Place include a full service cafeteria, daycare center, onsite property management and jogging trails in the adjacent Blue Hills Reservation. Hyatt Place and the Boston Marriott Quincy Hotel are located minutes away. Both are full service hotels offering conference and dining facilities. The South Shore Plaza is a half mile away with over 180 retail shops and restaurants and downtown Boston is located less than 10 miles to the north.
CommonWealth REIT (CWH) is a real estate investment trust, or REIT, which primarily owns office and industrial properties located throughout the United States. As of September 30th, 2013, CWH owned $6.8 billion of office and industrial properties with approximately 52 million s/f located in 31 states, Washington, D.C. and Australia. CWH is headquartered in Newton, Massachusetts. Reit Management & Research LLC, Real Estate Services, also headquartered in Newton, Mass., manages more than 98 million s/f of commercial office, industrial, and medical office buildings across the country.
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages 400 million s/f on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets.