222 Berkeley Street - Boston, MABoston, MA NAI Hunneman completed a 10,182 s/f lease transaction with AZTherapies at 222 Berkeley St. in the city’s Back Bay. The biotechnology drug developer company is relocating its operations from the Prudential Tower.
NAI Hunneman executive vice president Peter Evans and vice president Ben Sutton represented AZTherapies in the transaction while the sub-landlord was represented by Bill Crean and John Freni from CBRE.
“It was a pleasure to work with and support such an innovative company like AZTherapies,” said Evans. “The team was very clear as to their wants and needs for space allowing us to focus in on a select group of properties and quickly identify the best location for the company.”
“The NAI Hunneman team provided us with an extensive overview of the market and identified the perfect space that will accommodate both our current and long-term needs,” said Robert Warren, COO/CFO for AZTherapies. “They covered every possible detail which made for a seamless process and no disruption to our day-to-day business.”
AZTherapies, Inc., is a privately held biotechnology drug development company founded in 2011 and headquartered in Boston. They are innovating the discovery, development and commercialization of a combination drug regimen for Alzheimer’s disease. Alzheimer’s disease is an irreversible neurodegenerative disease affecting over 5 million individuals in the U.S. and 35 million worldwide. With no cure or viable clinical treatment option, patients continue to rely on inadequate therapies. Disease symptoms include mental debilitation, memory loss and confusion to the point of incoherence, all resulting in the inability to care for oneself, increased healthcare cost and family reliance and suffering.
NAI Hunneman’s downtown leasing & advisory service team consists of Peter Evans, Ben Sutton, Jeff Becker, Brooke Blue, Matt Davis and Colin Gordon
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
