BOSTON-EGL Inc. is leasing 60,638 sf of warehouse and office space at 88 Black Falcon Ave. at the International Cargo Port. The Houston-based company provides freight forwarding and freight/air cargo distribution services.

EGL will use the space to relocate and consolidate its offices. The company will be moving out of its East Boston and Everett locations.

The three-story, 400,000-sf office and warehouse facility is located on the Boston waterfront, near Logan International Airport. With this deal, the building’s warehouse space is fully leased, although 47,000 sf of office space remains vacant. The office space is located on the second and third floors of the building. Among the building’s other tenants are Hankyu International, Kuehne & Nagel and Wall USA.

J.P. Plunkett, senior director at Cushman & Wakefield represented Highland Park, IL-based International Airport Centers, the property owner, in the transaction. EGL was self-represented.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.