X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-Eaton Vance Corp. has changed its headquarters, moving into Two International Pl. after a 10-floor, interior build-out by Jones Lang LaSalle. The roughly 300,000-square-foot office will consolidate Eaton’s local offices.

Eaton Vance is already moved in from its original headquarters and is in the process of bringing the rest of its local presence–currently at 200 State St.–into the newly renovated HQ. The consolidation will bring approximately 800 employees in Downtown Boston locales into the building creating a new world headquarters for Eaton. The company at final move-in will dominate just under half of this class A building. Two International is one of five buildings in its complex, which borders Rowes Wharf at the Boston Harbor.

The revamp entailed interactive meeting and conference rooms, a café, kitchen, training facility, a “landscaped terrace” on the roof and energy efficient lighting fixtures. Eaton had worked in this build-out as part of its 15-year lease, which it signed with the building in 2006. The financial terms of the lease were not revealed, but the average asking rate for CBD office here, according to Cushman & Wakefield, currently stands at $56.29 per square foot. In a statement, SVP at JLL Alfred Woods says, “This assignment is a perfect example of our platform in action. By engaging PDS and leasing collaboratively, we added value for a terrific, long-standing client.”

JLL’s Project and Development Services team consisted of Wood and Stephen Senna. Former JLL members Bill Motley and Debra Gould worked out the lease negotiations back in ’06 where the Eaton Vance deal won the “Office Deal of the Year in Downtown Boston” from the Commercial Brokers Association.

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

*May exclude premium content
Already have an account?

GlobeSt

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.