Boston, MA According to Synergy, a prominent real estate investor, operator, and manager, Petra Funds Group has expanded into 7,839 s/f of modern office space on the 11th floor of 185 Dartmouth St. This move reflects Petra Funds Group’s continued growth and success in the city’s Back Bay neighborhood.
Petra Funds Group’s office has been located at 185 Dartmouth St. for the past seven years. Originally occupying a smaller, approximately 3,500 s/f space on the 7th floor, Petra Funds Group has seen remarkable growth within this location, increasing its local office workforce from 15 employees in 2022 to 55 employees today.
The move to the 11th floor was completed in early February, with a ribbon-cutting ceremony marking the occasion. The new 7,839 s/f office suite offers more workstations, open collaboration areas, and breakout rooms, designed to foster productivity and team engagement. Synergy’s Turnkey in-house design and construction experts worked closely with Petra Funds Group to meet their goals for efficiency and space delivery, ensuring clear communication throughout the process.
“We have loved being in this area of Back Bay, and the opportunity to move to a larger space on the 11th floor is a significant win for us,” said John Collins, managing parter at the Petra Funds Group. “Synergy has been an incredible partner in helping us not only with the logistics of the move but also in designing a space that encourages collaboration and brings our team back together in the office. The new layout is open, adaptable, and perfectly aligned with our work style, helping us foster connection and growth in this new chapter.”
185 Dartmouth St. offers a total of 163,878 rentable s/f of office and retail space. With flexible office floor plates of 14,270 s/f, the building accommodates tenants of various sizes, providing the versatility to meet evolving business needs.
Petra Funds Group was represented by Colliers International team members Kristin Blount, executive vice president/partner and Lauren Vecchione, senior vice president. Synergy was represented by Newmark team members James Brady, senior managing director, and Jason Cameron, senior managing director.
“We’re proud to have supported Petra Funds Group as they continue to grow,” said David Greaney, CEO of Synergy. “Synergy’s turnkey approach is designed to allow our tenants to focus on what they do best, while we manage the full details of their office transition. Our in-house design and construction experts work closely with clients throughout the entire fit-out process to ensure that every goal for efficiency, functionality, and space delivery is met. We’re committed to providing a smooth, collaborative experience that supports our tenants’ evolving needs.”
Petra Funds Group, headquartered in New York with offices also in Los Angeles, London, and Amsterdam, is a leading global provider of fund administration, middle and back-office support, regulatory compliance, and ESG services for asset managers.
