News: Brokerage

CitiBank, represented by Meredith & Grew, leases 5,787 s/f of retail space

Citibank, a division of Citigroup, Inc., the global financial services company, has leased 5,787 s/f of premier street-level retail space at 99 High St., a 730,000 s/f signature first class office and retail building in the city's Financial District. The space is on the corner of High and Congress St. and serves as the 11th Citibank retail branch to open in Greater Boston area. Meredith & Grew senior vice president Ted Chryssicas and associate Jon Martin represented the tenant. Jones Lang LaSalle managing director Bill Barrack and vice president Ben Heller represented the landlord, TIAA-CREF, in the transaction. An extensive capital improvements program at the building is now underway. The upgrades a new monumental portal entrance, granite facade on the lower levels, awnings and planters at street level, lobby lighting, and system updates. The new 99 High rises above the Rose Kennedy Greenway. Distinctive features include: panoramic water and skyline views; a flexible office layout; efficient floor plates of 25,000 s/f; telephone and data capabilities; enhanced electrical; and parking within the building. Jones Lang LaSalle has completed over 320,000 s/f of leasing in the building over the last five years. Current tenants include Adams Harkness, NASD, KPMG and AON. The management team is comprised of senior vice president Dan Ozelius and vice president Bruce Clifford. Jones Lang LaSalle managing director Mark David oversees all construction activities. Elkus/Manfredi Architects is designing the renovations.
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