MALDEN, MA-Cambridge Health Alliance, which operates threehospitals in the Boston metro area, is consolidating administrativestaff at Commerce Place here. The lease brings the152,000-square-foot property to more than 92% leased, says RichardsBarry Joyce & Partners, which represented owner Preotle, Lane& Associates Ltd.

CHA operates Cambridge Hospital, Somerville Hospital, and theWhidden Hospital in Everett. The integrated healthcare system,which will occupy the fourth and fifth floors of Commerce Place at350 Main St. in Malden, is relocating from various locations,including Station Landing in Medford, according to a release.

“Commerce Place is a perfect place for Cambridge HealthAlliance, given that it is situated right in the middle of theircoverage area,” Eric Smith, SVP at RBJ&P, says in a release.“The building's large floor plates provide CHA the space needed torelocate their employees from other locations, and the currentshell condition of the floors offers the flexibility tostrategically design their layout. Finally, CHA found the manyrecent and planned improvements to Malden Square quiteimpressive.”

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.