Both firms plan to use the space for the expansion of their workplaces. John Butterworth, director at the Boston office of Insignia/ESG Inc, together with Tim Lyne, senior managing director there, represented the tenant in both transactions. FidelityCorporate Real Estate was represented by Rick Fahey and Chuck O'Connor of Trammell Crow Company.
Butterworth emphasizes that "with the current level of uncertainty in the marketplace" the space meets the "short term needs of both tenants." The 22-story 348,900 sf building is located downtown. According to Lyne, both companies were looking for space that fit their needs in this area, which he calls a "high-profile location. 260 Franklin Street met these requirements perfectly."
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