Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-Two office leases totaling 20,607 sf were signed for Ten Post Office Square, a 242,000-sf building located in the financial district. North American Management, a wealth management firm, is leasing 14,213 sf in an expansion and relocation to the 12th floor of the building. Previously, the company occupied 11,514 sf in two non-contiguous suites on the third floor.

In the second transaction, Stonebridge Associates LLC, an investment bank, is leasing 6,394 sf on the 13th floor following an early lease renewal and restructure in which the brokers involved say that Stonebridge was able to leverage present market conditions to reduce its occupancy costs significantly.

Rick Lowe and James Topper of the Downtown market group of Cresa Partners Boston represented the tenants in both transactions, while property owner, Walton 10-Ten Post Office Investors LLC, was represented by CB Richard Ellis. Lease rates in the building average approximately $32 per sf. The building is now nearly fully occupied with about 25,000 sf remaining vacant. Other tenants in the building include Conn, Kavenaugh, Rosenthal, Peisch & Ford, Landvest and Dow Jones & Co.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


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 © 2020 ALM Media Properties, LLC. All Rights Reserved.