Commercial Real Estate News
Skanska Will Move Into 21,000 SF at 253 Summer St.
Beverly Ford
GlobeSt.com
November 4th, 2005
BOSTON-Construction company Skanska USA Building Inc. signed a 10-year deal for 21,000 sf of office space at 253 Summer St. The firm needed to find a new home after the new ownership of 270 Congress St. said it plans to turn the property into a hotel and condominiums.
The firm's new location, set along the Boston Harborwalk, is just one block from its old, similarly sized offices. “We like being near South Boston and we wanted to stay in the area,” Andrew Deschenes, a project manager with Skanska, tells GlobeSt.com. The interior space is being redesigned by the architectural firm of Jung Brannen, a long-time associate, to give the company's offices its own unique feel.
Terms of the lease, which were negotiated for the tenant by William Collins with Spaulding & Sly Colliers, were not disclosed. The transaction was handled for owner Boston HSR South Boston LLC by Andrew Hoar, Christopher Cuddy and William Crean Jr., all with CB Richard Ellis/New England.
The firm's new location, set along the Boston Harborwalk, is just one block from its old, similarly sized offices. “We like being near South Boston and we wanted to stay in the area,” Andrew Deschenes, a project manager with Skanska, tells GlobeSt.com. The interior space is being redesigned by the architectural firm of Jung Brannen, a long-time associate, to give the company's offices its own unique feel.
Terms of the lease, which were negotiated for the tenant by William Collins with Spaulding & Sly Colliers, were not disclosed. The transaction was handled for owner Boston HSR South Boston LLC by Andrew Hoar, Christopher Cuddy and William Crean Jr., all with CB Richard Ellis/New England.