"It will be nice space," church spokeswoman Debbi Lawrence tellsGlobeSt.com. About 130,000 sf will be available at 177 HuntingtonAve., a 26-story high-rise that features views of Fenway Park andother surrounding landmarks, while another 70,000 sf is being freedup at 103 Belvidere St. Employees in those buildings will relocateinto the church's recently refurbished Publishing House at 210Massachusetts Ave. during the next 60 days. That property also isthe home of the renowned Mary Baker Eddy Library, named in honor ofthe religious order's founder.


DTZ FHO Partners principal J. Duncan Gratton and Lauria Brennanare overseeing the lease-up for the client. The effort to fill thetwo office buildings comes as the church prepares to meet withneighbors and the city of Boston on a long-range master plan forits 14-acre campus.


Given the anticipated time it could take to create such avision, the church opted to lease the space rather than let thebuildings sit vacant, explains Lawrence. Not only can that generaterevenue, she says the church feared the area might be impacted fromhaving so much empty space in the normally vibrant neighborhood.The opportunity could benefit surrounding businesses as well, shenotes. "We have space and they have needs and this is a goodpairing of that supply and demand," she says.


While it might not be equated to divine intervention, theavailable product could prove a godsend for tenants trying tooperate in one of the city's tightest office markets. First quarterfigures from Jones Lang LaSalle put the 12.8-million-sf officemarket at a mere 4% vacancy, lowest in the city, while the averageasking rate is up to $65.38 per sf, even loftier than the FinancialDistrict's average of $62.78 per sf. With terms to be not muchlonger than two or three years, there will likely be a ratediscount, acknowledges Lawrence, but says it is unclear at whatrate range the space will be offered.

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