The Boston office of KPMG LLP, the U.S. audit, tax and advisory firm, has signed a lease to occupy 115,000 s/f at Two Financial Ctr., a class A office project under development by a joint venture between Lincoln Property Co. and ASB Capital Management. KPMG is at 99 High St. and will relocate to Two Financial Center in June 2010.
As the anchor tenant of the new 220,000 s/f building, KPMG will gain the opportunity to enhance its brand identity within the Financial District.
"We considered other options and our investment in Two Financial Center demonstrates our commitment to the city of Boston," said Bud LaCava, KPMG's managing partner in Boston.
"By choosing Two Financial for its Boston headquarters, KPMG, a premier company that is a global leader in its field, has validated our vision of creating a world class office building to meet the critical demands of today's tenants," said Robert Bellinger, president of ASB Capital Management.
Cushman & Wakefield's executive director Jay Driscoll and senior director Jim Brady and vice chairman Edward Weiss of N.Y., represented KPMG in its search for office space and in the lease negotiations. The landlord was self-represented by senior vice president John Miller of Lincoln Property Co. Legal counsel for KPMG was provided by Michael Kinney of Loeb & Loeb LLP and Lincoln Property Company was represented by Jim Hackett and Tim Smith of Nutter McLennan & Fish LLP.

"KPMG will occupy the first new building constructed in the Financial District since 2003," said Jay Driscoll, executive director of Cushman & Wakefield's downtown leasing team. "The tenant procured lease terms that will allow for great flexibility over many years. Two Financial Center's superb location, design and quality of construction reflect the world class vision of its development team, Lincoln Property Company and ASB Capital."

John D. Miller, senior vice president and Boston area director of Lincoln Property Company said, "We are thrilled that KPMG will make Two Financial its Boston headquarters. We, too, are celebrating an anniversary year - our 25th in Boston - and it's great to be able to commemorate such an occasion by delivering a premier Class A office development of this caliber to the city of Boston."