Andrew J. Maher, vice president, and Nathanael G. Kessler, associate, of CB Richard Ellis/Whittier Partners represented Washington Mutual Bank in the transaction while property owner, Equity Office Properties was represented by its in-house representatives Ryan Enright and Lauria Brennan.
Maher tells GlobeSt.com that the 551,000-sf building, located in the heart of the city's financial district, is about to have a 58% vacancy because Nixon Peabody LLP, which was leasing 264,000 sf in the building, is relocating to 100 Summer St., another building owned by Equity. The law firm recently acquired Hutchins, Wheeler and Dittmar and is in the process of consolidating the two firms. With this vacancy, the building will have 317,000 sf available.
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