On behalf of Clarion Partners, CBRE/New England announced today that a new lease has been signed at 101 Arch St. Rockland Trust, a full-service commercial bank headquartered in Mass., will occupy 5,208 s/f at the class A office building in July.
"We are very pleased to welcome Rockland Trust to 101 Arch St.," said Jane Williams, senior vice president at Clarion Partners. "They are a great addition to our truly top-notch tenant roster."
Chris Oddleifson, president and chief executive officer of Rockland Trust, said, "We are very excited about our entrée into Boston in such a prominent location. While we've served the Boston market for decades, this marks our first physical presence, and we will have seasoned investment management and commercial lending team members at 101 Arch St. as we continue to strategically invest in the growth of our franchise."
The CBRE/NE team of Tim Lyne, executive vice president/partner, Jon Freni, vice president, and Kristen Jensen, client services associate, represented the landlord, Clarion Partners, in the transaction. CBRE/NE's Lauren Lipscomb, vice president, and Patrick Cavanagh, senior vice president/partner, represented Rockland Trust.
Located at the center of Downtown Crossing and the Financial District, this 21-story office tower offers flexible and efficient floor plans ideal for small and mid-size corporations. 101 Arch St. features first class amenities and superior access to public transportation. The property is over 95% occupied at this time.