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BOSTON-Goulston & Storrs has signed a ten-year lease renewal for the entire 99,749 sf building at 400 Atlantic Ave. John P. Barry and Michael J. Joyce, principals at Richards Barry Joyce & Partners represented property owner Atlantic Avenue Limited Partnership in the transaction, while Andy Hoar, managing co-partner at C.B. Richard Ellis/Whittier Partners, represented Goulston & Storrs. Lease rates for this deal were not available, but asking rents in this area according to Codman Co.’s most recent statistics are about $42 per sf.

Robert S. Gatof, president and COO at Northland Investment Corp., a partner of Atlantic Avenue, says that Boston is a key market for Northland, a privately held real estate investment, management and development company that owns more than 13 million sf of real estate, with major concentrations in New England and along the southern tier of the US.

Douglas M. Husid, co-managing director at Goulston & Storrs, notes that the firm had many market alternatives to choose from, but chose to stay because they were pleased with the facilities and management at the building. “400 Atlantic Ave., with its Class A amenities, waterfront location and unique architecture has become part of the firm’s culture.”

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