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BOSTON-Arnold Worldwide sublet a total of 28,000 sf of space at 2 Copley Pl. The space on the fourth floor of the building, which is located in the heart of the city’s Back Bay area, represents three separate deals. Painted Word took 12,000 sf, while GenuOne took 10,000 sf and CSN Stores took 6,000 sf. Lease rates for this deal were not available, but the average lease rate for office space in the Back Bay is about $39 per sf according to Trammell Crow Co.’s most recent statistics. Sublease deals tend to command lower than average rates.

Peter Bean, associate broker and John F. Hennessey, principal of GVA Thompson Doyle Hennessey & Stevens represented Arnold Worldwide in all the transactions. Ted Wheatley of Staubach represented Painted Word, Mike Moran of Vesper Realty Advisors represented GenuOne and Tom Ashe of Richards Barry Joyce & Partners represented CSN Stores.

The 845,000 sf multi-use office/retail complex, which was completed in 1984, consists of four seven-story towers. It was acquired by the Simon Property Group in August 2002 from Bermuda-based Overseas Management. The complex is fully leased and among its office tenants are IBM, Investors Bank & Trust, Urban Retail Properties, Morgan Stanley, Gillette Corp., Digitas Corp. and Bain & Co. Inc. Tiffany & Co., Neiman Marcus and Legal Sea Foods are the major retail tenants.

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