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BOSTON-Hanscomb Faithful & Gould is moving into the city with its 7,500-sf lease at 55 Summer St. The construction management consulting company was previously located at 2067 Massachusetts Ave. in Cambridge.

Lisa DonFrancesco, VP of The Codman Co. Inc., represented Hanscomb, which is previously known as Atkins Hanscomb, while Mark Browne, of Browne Realty Advisors represented property owner, H.N. Gorin Inc.

The CA-based company moved its local offices to this location in the heart of the city’s retail and financial districts to provide the company with a central location for its employees and clients. The 10-story office building has 126,000 sf and was built in 1976. The building is nearly fully leased and among its other office tenants are Maximus, Curtin, Murphy & O’Reilly, American Express Business Travel Center, Robert Ercolini, Stone Legal and Big Brother Foundation.

While its fundamentals remain solid, the financial district’s market is still contending with overall vacancy rates of about 18%. Lease rates for this deal were not available, but average asking rents for this area are approximately $40 per sf.

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