News: Brokerage

Starbucks, Bright Horizons and Committee Restaurant to join Boston's Fan Pier

Global, national and local establishments Starbucks Coffee Company, Bright Horizons Family Solutions and a new restaurant, Committee, will soon bring in-demand amenities and services to Fan Pier, one of the country's largest privately funded mixed-use development sites, according to developer The Fallon Company. Lease agreements have been reached with each of the new tenants to occupy more than 21,450 s/f of existing space on the lobby level of Fifty Northern Ave., one of two build-to-suit towers - along with Eleven Fan Pier Boulevard - housing Vertex Pharmaceutical's global headquarters. * Starbucks Coffee Company's Fan Pier location will occupy 2,100 s/f of street floor space, which is expected to open in the summer. * Bright Horizons, a leading provider of employer-sponsored child care, early education, and work/life solutions, will bring 12,665 s/f of top-rated early education and preschool services to the waterfront for families living and working in the area beginning this month. * George Aboujaoude of Boston's Cafeteria and Bijou Nightclub will launch a new, original restaurant concept at Fan Pier. The eatery, Committee, will specialize in Mediterranean "meze" fare and hand-crafted cocktails, and is expected to open in fall of 2014. Terms of the deals, which were brokered by CBRE New England on behalf of The Fallon Company, were not disclosed.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

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