According to Transwestern Investment Co., Mullen, Jones Lang LaSalle, and Cushman & Wakefield, the completion of a lease for 100,000 s/f of first class office space at 40 Broad St. has been completed. Jones Lang LaSalle managing director William Collins and senior vice president Bradley McGill negotiated on behalf of the owner, Transwestern. Cushman & Wakefield director James Brady in partnership with vice chairman Edward Weiss, senior director Robert Romano and senior account manager Melisa Schneider of New York, represented the tenant, Mullen.
Joseph Concepcion, senior vice president of Transwestern said, "The signing of the Mullen lease validates our vision for 40 Broad St. We are absolutely thrilled to welcome Mullen to their new headquarters.
"We believe in revolution through evolution, and this move is the latest step in that endless journey," said Joe Grimaldi, chief executive officer of Mullen.
Located in the Financial District, 40 Broad St. overlooks the Rose Kennedy Greenway, a block from Faneuil Hall, and the waterfront. It is undergoing capital improvements program. Project completion is scheduled for February.
The agency will occupy 100,000 s/f on the top four floors.
The agency has more than doubled in size since 2000 and plans to be in place by June of 2009.
According to Collins, "Our architect, Neil Middleton of Jung Brannen, created the vision for the building's future. The building's improvements coupled with its unique location made it a natural fit for Mullen."
"40 Broad St.'s presence and location will make a world class headquarters for Mullen," said Brady.