46,290-Square-Foot Lease Brings 20 Guest St. in Brighton to Full Occupancy

Transwestern Consulting Group (TCG) today announces it brokered a 46,290-square-foot lease on behalf of NB Development Group LLC at 20 Guest St. in Brighton, Massachusetts, part of the Boston Landing mixed-use development. The lease with Global Atlantic Financial Group brings the 228,830-square-foot building to full occupancy. TCG’s Steve Purpura, Eric Smith, Tim Lahey and Perry Beal represented building ownership, working with NB Development Group’s Jim Halliday and Erin Harvey.

“Boston Landing is the ideal destination for suburban companies like Global Atlantic that are looking for a more urban location with the associated high-end amenities and office space, as well as access to public transportation,” said Halliday. “Boston Landing’s dynamic setting and convenience are key attractions to what’s become the western gateway to the city.”

Global Atlantic Financial Group, a leading U.S.-focused retirement, life insurance and reinsurance company, will relocate its regional office from Southborough to Boston Landing. The firm will occupy the entire ninth and tenth floors of the Class A office and laboratory building. 

“Boston Landing offers Global Atlantic the flexibility needed to accommodate future growth while providing employees access to a host of regional amenities,” said Kathleen Redgate, Chief Administrative Officer. “The commuter rail stop and access to other public transportation were critical factors in our decision given Boston commuting trends.”

Amenities at 20 Guest St. include a full-service cafeteria, state-of-the-art conference center, structured parking and access to the NB Fitness Club. The building is part of Boston Landing, a 15-acre, mixed-use development in the Allston-Brighton neighborhood of Boston that includes the new world headquarters of New Balance Athletics Inc. and the Boston Bruins practice facility. It will also include the Boston Celtics practice facility, which is currently under construction with completion expected in 2018. Moreover, the development includes additional office buildings, retail and restaurant space, a hotel and a sports complex. In addition to the commuter rail station on the Framingham-Worcester line, Boston Landing features a Hubway bike-renting station, easy access to MBTA buses and plentiful parking.

Transwestern provides leasing and management services for Boston Landing. Global Atlantic Financial Group was represented by Rob Walles of CBRE and Michael Mathias of Savills Studley Inc.

ABOUT NB DEVELOPMENT GROUP

NB Development Group is a commercial real estate company based in Boston, MA.  The group’s professionals bring Boston-based experience in the fields of development, permitting, construction management, asset management, leasing, and marketing. NBDG is currently managing the development of Boston Landing, a mixed-use project located along the Massachusetts Turnpike in Brighton, MA.  Through expert entitlement and permitting strategies, Boston Landing is transforming a vacant industrial area into a vibrant, transit-oriented district. Boston Landing encompasses over 15 acres of land and will include uses such as office, retail, hotel, recreation, parking, commuter rail, and residential with a total build-out of over 2.5 million square feet. For more information, please visit www.nbdevelopment.com.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Boston office, follow @TranswesternBOS.