Brian Malone, chief financial officer of Tuckerbrook Alternative Investments, which focuses on the real estate, timber and energy industries, tells GlobeSt.com that the firm will relocate from its current 1,660 sf offices at One International Place in June under the two-year sublease agreement.
"It fit well with our business," says Malone, noting that the office space was one of the few short term rentals available in its class in the local market. Terms of the lease were not disclosed.
Malone says the move will give the firm a higher profile, a separate entrance and a name on a list of tenants displayed inside the building. The 1.5-million-sf, 30-floor office tower, owned by Tishman Speyer Properties, is set on 2.5 acres and bordered by Pearl Oliver and Porter streets in the Financial District. It is comprised of two towers connected by an 11-story glass atrium and includes three restored 19th-century buildings.
Negotiating the transaction for Tuckerbrook was Ronald K. Perry and Patrick Buckley, both with Meredith and Grew's Boston office. James Boyle with the Trammel Crow Company handled the lease for the unnamed subtenant.
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