On behalf of Clarion Partners, CBRE/New England signed a lease to Boston Financial Investment Management (BFIM) for 37,841 s/f at 101 Arch St. BFIM is a national leader in the low-income housing tax credit industry.
"We are pleased to accommodate a well-known and respected tenant like Boston Financial Investment Management," said Jane Williams, senior vice president at Clarion Partners. "We believe that Boston Financial Investment Management illustrates the value and benefit that tenants gain at 101 Arch St."
"Boston Financial is pleased to continue its long-term tenancy at 101 Arch Street, and is especially excited to be witness to the revitalization of Downtown Crossing," said Marie Reynolds, executive vice president at BFIM.
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.
Cushman & Wakefield's Gilbert Dailey, executive director, and David Martel, executive director, represented BFIM.
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 access to public transportation. The property is over 95% occupied at this time.