WASHINGTON DC – Boston Properties Inc. has secured a 12-year, 98,000-square-foot lease with management consulting firm, Boston Consulting Group at Metropolitan Square in Washington DC.
Boston Consulting Group is relocating its regional offices from Bethesda, MD to the new space, and is expanding its footprint in the area in order to accommodate planned growth.
Metropolitan Square recently underwent $60 million in extensive renovations, which were completed in 2020. The renovation program encompassed new atrium finishes and glass, new common areas and private event spaces and a penthouse rooftop terrace. The property's new 15,000-square-foot amenity zone provides office tenants with various offerings, such as an atrium lounge, conference facility, collaboration areas and tenant concierge services.
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The building is LEED EB-Gold certified.
"We are so pleased that BCG selected the recently renovated Met Square for their new offices in Washington DC," says Jake Stroman, SVP of leasing at Boston Properties. "The reimagined and collaborative spaces are the perfect environment for a firm like BCG whose model is built on collaboration and connection. The lease demonstrates the momentum we are experiencing at Met Square."
"BCG has had a robust presence in the Washington DC metro region for many years," says Justin Dean, Washington DC managing director and partner at Boston Consulting Group. "The move to Met Square only strengthens our commitment to the community. As leaders in consulting and partners to leading businesses, non-profits, and public sector agencies in the area, we believe being in the heart of the city enables us to serve clients ever more directly."
For the transaction, Boston Properties Inc. was represented by Newmark's Ed Clark, Brendan Owen, Kate Kaltenborn and Max Planning. Boston Consulting Group was represented by Cushman & Wakefield's Mark Richardson and Malcolm Marshall.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
