According to Related Beal and Boston Andes Capital, LLC, Best Doctors, Inc. has signed a lease for 48,683 s/f of first class office space at Presidents Place. Best Doctors is a global health company bringing together the best minds in medicine to help people get the right diagnosis and treatment. Best Doctors has been named one of America's fastest growing private companies by Inc. Magazine for an impressive three consecutive years. Jones Lang LaSalle is the exclusive leasing agent for Presidents Place.
The new space on floors 5, 6 and 8 will serve as the hub of U.S. operations, analytics, training, quality, polling, and the Best Doctors Occupational Health Institute. Construction will begin soon, with phased move-in scheduled to begin in February 2014. The architect for the building is Wessling Architects.
Jones Lang LaSalle executive vice president Tom Kent, vice president Sean Lynch, and associate Mark McLean served as brokers representing the landlord. Boston Realty Advisors' Adam Schneier and Transwestern's Tony Karmin represented Best Doctors.
Presidents Place is a 349,085 s/f mixed-use office, institutional/educational, and retail center in downtown, across from the Quincy Center MBTA Station facing the future Adams Green. The eight-story complex at 1250 Hancock St. is undergoing a renovation of the lobby, entries, modernization of elevators, and restoration of the attached parking garage. The office space at Presidents Place is now 98% leased.
This expansion to Quincy Center by a leading global brand such as Best Doctors, is a testament to the vitality and attractiveness of Quincy Center and Presidents Place. Great space, affordability, urban amenities and superior transportation infrastructure is a winning combination which will be repeated again and again in Quincy Center. We could not be happier with our investment, and in the decision made by Best Doctors," said Stephen Faber, executive vice president for Related Beal.
"Best Doctors is excited to be a part of the revitalization taking place in Quincy," said David Seligman, chairman and CEO of Best Doctors. "Best Doctors continues to change lives by using the best minds in medicine to help people get the right diagnosis and treatment plan. Our dedicated teams deserve the best facilities to carry out this mission, and this expansion of our presence in the metro-Boston area does just that."
The property features a distinctive galleria with food court, a three- level glass atrium, a variety of services, retail shops and eateries. Tenants include: Harvard Vanguard, Quincy College, Viasat, Wessling Architects, Broadway Networks, Nellie Mae Foundation, and others. The garage has 1,100 spaces.
JLL's Kent said, "We're pleased to add Best Doctors to our impressive tenant roster. Presidents Place accommodates a value need that they were looking for, without sacrificing the benefits they're accustomed to: direct access to MBTA train, and an amenities rich environment both within and surrounding the complex."