Rick Lowe and Brandon Leitner of Cresa Boston represented Kearney, Donovan & McGee P.C., a law firm that provides government and lobbying services, and The Strategy Group, a public affairs and community relations firm, in the restructure of a 6,760 s/f office lease at 40 Court St. in the city's Financial District. Both companies occupy a portion of the 11th floor in the 109,795 s/f building.
According to Leitner, this "blend and extend" transaction resulted in immediate savings for the joint tenants.
The landlord, Brickman 40 Court LLC, was represented by Tim Lyne and Bill Crean of CBRE.
Cresa LLC, the nation's largest corporate real estate advisory firm exclusively representing tenants, is headquartered in Boston. Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial/Supply Chain, and Facilities Management. With 58 offices, Cresa is the largest tenant representation firm in North America. Through its alliance with Savills, one of the world's largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries.