News: Owners Developers & Managers

GBREB hires Diversified Proj. Mgmt. to relocate its new 10,795 s/f HQ

Greater Boston Real Estate Board, a leading advocate for the real estate industry on behalf of its more than 8,000 members, has retained Diversified Project Management to manage the relocation of its offices to a new 10,795 s/f headquarters at One Center Plaza. Gregory Vasil, CEO of GBREB, saod, "Our 11 Beacon St. address has been our signature location for a long time. However, the current market conditions provided us a great opportunity to find a new home that will provide more meeting space for our members. Everyone involved in our search for new space did a great job. We're looking forward to moving to our new quarters in January." Peter Farnum and Will Foley of FHO Partners represented GBREB in the transaction. William Collins, III and Patrick Nugent of Jones Lang LaSalle represented the landlord, Equity Office Properties. One Center Plaza, which is part of the 1-2-3 Center Plaza building. Centrally located, the building is on Cambridge St. in Government Center. The property overlooks City Hall Plaza and is minutes from all four of the city's subway lines. "We're very excited that one of the real estate industry's leading organizations has selected us for this project," said Bob Keeley, president of Diversified Project Management. The nine-story buildings consist of 650,400 square feet of office space. About Diversified Project Management Diversified Project Management, located in Newton, MA, Hartford and Stamford, CT, is an independent Owner's Representative consulting company that specializes in programming, project management, construction administration, FF&E coordination and move-planning services for corporate, education, healthcare, manufacturing and biotech clients' construction, renovation and relocation projects. For more information, please visit www.dpm-inc.com About FHO Partners FHO Partners is a commercial real estate firm offering a full range of brokerage, consulting, strategic planning, research, lease administration, marketing, lease auditing, lease portfolio and transaction management services for corporate and institutional clients alike. The senior partners of the firm have worked together for over 20 years providing customized advisory consulting and brokerage services to an extensive range of corporate and institutional clients, both locally and on a national and international basis. For more information, visit www.fhopartners.com or call 617-279-4555.
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