Mark Reardon with CB Richard Ellis/New England tells GlobeSt.com that the company's growth necessitated the expansion. The company, which has been a tenant at Harvard Mill Square for the past 10 years, decided to stay in the renovated mill complex because of its downtown setting near public transportation and area amenities, says Reardon.
Terms of the lease were not disclosed but similar space in the area generally leases in the high teens. Reardon and Jason Levendusky, also with CB Richard Ellis/New England, handled the transaction for property owner Taurus Investment Holdings of Boston. The building, which is 70% occupied, currently has about 100,000 sf of class A office space available for lease.
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