News: Owners Developers & Managers

Weller and Gates of Avison Young handle 14,000 s/f lease to GreenSight

Schrafft Center, 529 Main Street - Charlestown, MA

 

Charlestown, MA Avison Young has arranged a new lease at The Schrafft Center, located at 529 Main St., on behalf of GreenSight, an artificial intelligence platform provider. GreenSight will be relocating to a 14,000 s/f office space, upgrading from their current 10,000 s/f location at 12 Channel St. in Boston’s Seaport neighborhood. This strategic move aligns with GreenSight’s rapid growth trajectory and their aspiration for superior space within an amenity-rich environment.

Kirk Weller and Jeffrey Gates, both located in Avison Young’s Boston office, represented GreenSight.

“GreenSight’s primary objective was to secure a more spacious and efficient space in an amenity-rich building,” said Weller. “We are thrilled that The Schrafft Center emerged as the optimal choice, enabling GreenSight to attract new employees, while also ensuring an attractive experience for visiting clients.”

The property is formerly the site of Schrafft’s Candy Factory and was renovated by The Flatley Company in 1984. Amenities include access to shuttle services, a gym, cafeteria, coffee bars, childcare, and is centrally-located for commuters – among other amenities. Trophy properties continue to post the highest average lease term, according to Avison Young’s Q3 2023 Boston Office Market report.

“The space radically improved how we operate and work together as a team while also enhancing and impressing our partners and customers,” said Joel Pedlikin, COO and co-founder, GreenSight.

 

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