Housing Investments Expands Space With Court Street Lease

"They originally selected the building because of its location and it's good window line and because it was an opportunity for the tenant to design the space the way they wanted to," says McFarland, who represented the tenant. Terms of the lease were not disclosed but McFarland says the additional space now gives the consulting and advisory group room the entire sixth floor for expansion.

Built in 1912, the property, owned by the Carlyle Group and Paradigm Properties, underwent a million dollar renovation in 2003 that included extensive improvements to the building's lobby. The Carlyle Group and Paradigm Properties were represented in the transaction by Timothy M. Lyne, and William J. Crean, Jr., both with CB Richard Ellis/Whittier Partners in Boston.