MALDEN, MA-Under a lease restructuring and expansion agreement, Blackwell Publishing’s will have 55,000 sf of contiguous space at its 350 Main St. here for its US headquarters. The publisher of scholarly journals had offices scattered on different floors in the six-story building the firm has rented for the past 10 years.

Chris Crooks, with Cresa Partners Boston office, tells that negotiations with owner Preotle Lane Associates began two years prior to Blackwell’s lease expiration. At the time the publisher occupied 35,000 sf. “They are going to grow into 55,000 sf with the right to expand into another 26,000 sf over the next four or five years and we have additional growth rights if they need it,” says Crooks, adding that the eight-year lease was one of the largest negotiated in Boston’s inner suburbs this year.

Terms were not disclosed, but Crooks says lease rates in the area range from the high teens to the low $20 per sf gross. The firm, which has offices in the UK, Australia, China, Denmark, Germany, and Japan, will be the property’s largest tenant, sharing space in the fully-occupied 172,000-sf building with the state Department of Education. Crooks and Dan Sullivan and Adam Subber, also with Cresa Partners, handled the lease negotiations for the tenant. The building’s owner was self-represented.

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