Ben Heller, with Jones Lang LaSalle's Boston office, tellsGlobeSt.com that the firm conducted a market analysis beforerenewing its lease and opted to remain in its current offices onthe 28th through 31st floors.
"They did an extensive analysis of the market and at the end ofthe day concluded that this building served them well," he says."They have a good relationship with the landlord and it was goodeconomics for them to stay in the building another 10 years."
Terms of the lease were not disclosed but Heller says askingrates are in the mid-$50s per sf gross. The 730,000-sf, class Aoffice building is 90% leased.
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