Dan Sullivan, Adam Subber, Paul Delaney, and John Coakley of the Cambridge market group at Cresa Boston recently represented Trimble Navigation, Samsung Information Systems America, Inc., Smartleaf Inc., and Ova Science in four separate office leases totaling 41,615 s/f.
Trimble Navigation, a leading provider of advanced positioning solutions, relocated to Four Cambridge Center, where it signed a 16,402 s/f sub-lease on the 12th floor of the 198,295 s/f class A office building. Trimble, previously located at One Cambridge Center, moved to take advantage of the newly built-out and fully furnished space. The sub-landlord, Akamai Technologies, was represented by Debra Gould and Timothy Bianchi of Cushman & Wakefield. The landlord is Boston Properties.
Samsung Information Systems, a subsidiary of Samsung Electronics that specializes in researching emerging technologies for new business, is expanding operations with a new office at One Cambridge Center. Samsung will occupy 11,478 s/f on the 7th floor of the 215,385 s/f class A office building and plans to be fully moved in by July. The landlord, Boston Properties, was represented by Eric Smith of Richards, Barry Joyce & Partners.
Smartleaf, a provider of advanced overlay portfolio management solutions, is moving its headquarters to 210 Broadway (2 Cambridge Place), where it will occupy 7,735 s/f on the 4th floor of the 64,812 s/f class A, standalone office building. The company, which currently occupies 5,473 s/f at One Cambridge Center, is expanding to accommodate its growth and plans to be fully moved in by July. The landlord, BMR Broadway, was represented by Eric Smith and Steve Purpura of Richards, Barry Joyce & Partners. Mike Labonte of Cresa Boston will oversee project management services for the assignment.
Ova Science, a privately held fertility company, is relocating its headquarters from Boston's Back Bay to 215 First St., where it will occupy 6,000 s/f. The class A office building is part of the Alexandria Center, an 11-acre, $500 million laboratory, office, and residential complex in Kendall Sq. The company plans to be fully moved in July. The owner, Alexandria Real Estate Equities Inc., was represented by Cushman & Wakefield.
Cresa, 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 57 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. For more information, visit www.cresa.com.