Boston, MA Newmark has completed seven leases totaling more than 30,000 s/f at 211 Congress St. in the city’s Financial District. Newmark senior managing directors Jason Cameron and Jim Brady and associate Liam O’Connor serve as exclusive leasing advisors for the property, representing the asset owner, an affiliate of New York-based Drucker Associates, in the transactions. The asset is managed by Deb Werth of Lincoln Property Company.
“We are thrilled to have leased more than 30,000 s/f over the past 12 months to such quality tenants,” said Cameron. “This strong leasing momentum demonstrates Drucker’s enthusiasm and ability to make the investments necessary to complete deals in the current leasing environment and speaks to the building’s great location and amenities–factors that resonate with the tenant base in today’s market.”
The recent leases completed by the Newmark team include:
• Comniscient Technologies, LLC signed a renewal and expansion for 10,769 s/f. The tenant was represented by Patrick Nugent of JLL.
• RMF Engineering signed a lease for 3,727 s/f. The tenant was represented by Mary Patalita of Cushman & Wakefield.
• NBW Capital leased 3,643 s/f. The tenant was represented by Andrew Orpik of Cresa.
• Invenomics signed a direct renewal and expansion for 3,494 s/f.
• An affiliate of Westbrook Partners signed a direct renewal for 3,448 s/f. Drucker purchased the asset from Westbrook in 2018, and Westbrook has maintained their local office in the asset since.
• Red Bull signed a lease for 3,403 s/f. The tenant was represented by Lauria Brennan of Cushman & Wakefield.
• Better Bagels signed a lease for 1,853 s/f of retail space.
211 Congress St. is an 11-story, 80,000 s/f office building located on a corner in the Financial District. Building amenities include a tenant lounge, conference center, a gym with lockers and showers and bicycle storage. Better Bagels, Starbucks and FedEx Office, Print & Ship Center are all on-site.
The building overlooks Post Office Sq. and offers three sides of natural light.
“We are honored to have been selected by such quality companies to provide their Boston office needs. This validates our commitment to continuously invest in prime assets and to partner with great local management companies and leasing teams. We would like to thank all those in the brokerage community who have helped us in the lease-up effort,” said Harvey Drucker of Drucker Associates.
Centrally located on the corner of High St. and Congress St., 211 Congress is a five-minute walk to subway and commuter rail trains and two buses at South Station. It offers easy access to I-93, the Massachusetts Turnpike and many parking options. Tenants enjoy access to numerous shopping and dining choices, including the Seaport and Downtown Crossing districts, as well as the newly opened High Street Place Food Hall next door.
