52,665 SF of space in downtown Boston accommodates firm’s strategic growth
(Photo Credit: © Cresa Boston)
Cresa, the world’s largest tenant-only commercial real estate firm, announced a lease renewal at 28 State Street in downtown Boston for Hinckley Allen. To accommodate Hinckley Allen’s recent growth, Cresa negotiated a new 10-year lease extension, which includes 7,260 SF of expansion space, bringing Hinckley Allen’s total space at 28 State Street to 52,665 SF. Cresa has also been retained for project management services for the interior fit-up of the entire space.
Hinckley Allen, a Northeast law firm offering a full range of business legal services, has operated an office in Boston since the early 1980s. The renewal of their existing office space continues a long-standing commitment to service their clients in the Greater Boston area. Renovations began in September with the interior fit-out of Hinckley Allen’s new space followed by the revitalization of its current space using a more modern, efficient design that promotes a more collaborative workspace. Expected completion of the project is July of 2018.
Earlier this year, Cresa assisted Hinckley Allen with lease negotiations and the relocation of its New Hampshire office from Concord to Manchester.
“We have been preparing, with the assistance of Cresa, for these new leases and renovations for some time,” said Charles Reppucci, executive director and chief operating officer at Hinckley Allen. “We consider Cresa a trusted business advisor helping us make our plans a reality. They thoughtfully listened to our requirements and guided us through a range of solutions that will serve the needs of our clients and employees for years to come.”
The project team includes Boston-based Fusion Design Consultants as architect, JDL Corporate Interiors as construction manager, and AKF Engineering.
Joseph Sciolla and Rick Lowe of Cresa negotiated the lease for Hinckley Allen, and Michael Joyce and Thomas Ashe from Transwestern represented the property owner, 28 State Street LLC.
Cresa is the world’s largest tenant-only commercial real estate firm. By representing only one party – the tenant – Cresa avoids inherent conflicts of interest and provides conflict-free advice to clients. The firm leverages its expertise, market insight and years of experience to give clients leverage with the landlord. Cresa applies strategic solutions that reduce costs, improve operations and enhance the performance of a client’s workforce. Integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. Cresa offers clients customized solutions with more than 60 offices in 75 markets worldwide. For more information about Cresa Boston, visithttps://www.cresa.com/boston.
About Hinckley Allen
Hinckley Allen is a Northeast law firm offering a full range of legal services and pragmatic business advice to regional, national and international clients, with practices including Construction, Corporate, Litigation, Real Estate, and Trusts & Estates servicing clients from their offices in Boston, MA, Providence, RI, Manchester, NH, Albany, NY and New York City. For more information about Hinckley Allen, visitwww.hinckleyallen.com.