News: Owners Developers & Managers

Losi and Sciolla of Cresa Boston represent Partners in Health in 37,586 s/f lease

Boston, MA Derek Losi and Joe Sciolla of Cresa Boston recently represented Partners In Health (PIH) in a 37,586 s/f office relocation and expansion to 800 Boylston St. Partners In Health, founded in Boston in 1987, delivers healthcare to patients in remote places where healthcare is limited or barely exists. It works closely with national governments and other partners in 10 countries to improve and expand health services to those in need.

 Prudential Center, 800 Boylston Street - Boston, MA Prudential Center, 800 Boylston Street - Boston, MA

The nonprofit organization previously occupied 21,906 s/f at 888 Commonwealth Ave. Partners In Health needed a larger office space to accommodate its growing operations.

According to Losi, the new space in the Prudential Center will enhance the work environment and increase productivity for Partners In Health’s employees. The features of the building that attracted Partners In Health were the open layout and convenient Back Bay location. The new location also features easy access to the heart of Boston’s health care community.

Barry Dubé from Cresa’s Project Management Group is overseeing the buildout of the new space to create a collaborative and desirable work atmosphere for Partners In Health.

The projected move-in date is July 1. The landlord, Boston Properties, represented itself in the deal.

Cresa LLC, the world’s largest corporate real estate advisory firm exclusively representing tenants/occupiers, is headquartered in Boston.

Cresa is the world’s largest tenant-only commercial real estate firm. In representing tenants exclusively — no landlords, no developers — we provide unbiased, conflict-free advice. Our integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. We offer our clients customized solutions with over 60 offices covering 75 markets worldwide.

MORE FROM Owners Developers & Managers

Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and