Macys.com signed a 10-year lease for the top three floors of thebuilding, which total 56,500 sf, and a month-to-month lease for anadditional 13,000 sf on the sixth floor. It occupied the space onthe sixth floor immediately and expects to occupy the top threefloors shortly after tenant improvements are complete in April.

Scott Harper of Colliers International represented the buildingowner, Prudential. Harper says there's a strong possibility thatMacys.com will decide to retain the sixth floor space on apermanent basis, dropping availability in the building to just6,000 sf. Dan Cressman of Grubb & Ellis represented Macy's. Hedid not return a Friday phone call seeking comment.

The negotiated lease rate was not released by the partiesinvolved; the asking base lease rate for the space prior tonegotiations was in the high $30s per sf. Given Macy's strongcredit, long-term commitment and substantial space needs, it likelyreceived a discount as well as a tenant improvement allowance,local sources tell GlobeSt.com.

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