{"id":1004181634,"date":"2017-06-22T09:10:23","date_gmt":"2017-06-22T17:10:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004181634"},"modified":"2017-06-22T09:10:23","modified_gmt":"2017-06-22T17:10:23","slug":"invesco-inks-6-leases-at-premier-office-building-in-boston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/invesco-inks-6-leases-at-premier-office-building-in-boston\/","title":{"rendered":"Invesco Inks 6 Leases at Premier Office Building in Boston"},"content":{"rendered":"<p>By Corina Stef<\/p>\n<div id=\"attachment_1004181649\" style=\"width: 361px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004181649\" data-attachment-id=\"1004181649\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/invesco-inks-6-leases-at-premier-office-building-in-boston\/webp-net-resizeimage-18\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Steve Dunwell&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"179 Lincoln St., Boston, Mass.\" data-image-description=\"&lt;p&gt;179 Lincoln St., Boston, Mass.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;179 Lincoln St., Boston, Mass.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg?w=800\" class=\"wp-image-1004181649 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg\" alt=\"179 Lincoln St., Boston, Mass.\" width=\"351\" height=\"263\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/Webp.net-resizeimage7.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 351px) 100vw, 351px\" \/><\/a><p id=\"caption-attachment-1004181649\" class=\"wp-caption-text\">179 Lincoln St., Boston, Mass.<\/p><\/div>\n<p>Invesco Real Estate has closed negotiations on six office leases totaling more than 70,000 square feet at one of its Class A assets located in downtown Boston. CBRE\/New England Executive Vice President Tim Lyne and Senior Vice President Tim Howe acted on behalf of the owner in all the transactions.<\/p>\n<p>The asset is located at 179 Lincoln St., along the southern edge of downtown in the city\u2019s Chinatown &#8211; Leather District and it will house:<\/p>\n<ul>\n<li>Power Advocate, an energy intelligence company, which renewed its 22,710-square-foot lease. The company has been occupying space in the building since its formation in 2008. The firm was represented by JLL Managing Director Ben Heller and Executive Vice President Patrick Nugent.<\/li>\n<li>Smartsheet, a Washington-based software company, which will occupy 19,238 square feet of office space. Avison Young Principal Larry Epstein and Broderick Group Principal Jim Kinerk acted on behalf of the tenant.<\/li>\n<li>XPO Logistics signed a 13,470-square-foot lease. The logistics and transportation provider relocated from West Cambridge,\u00a0Mass., and it was represented by Cresa\u2019s John Coakley and Paul Delaney.<\/li>\n<li>OUTFRONT Media relocated from Norwell, Mass.,\u00a0inking a lease for 7,184 square feet of space. CBRE\/NE Executive Vice President John Butterworth and Nick Amarante brokered the transaction on behalf of the tenant.<\/li>\n<li>Mechanical contractor E.M. Duggan signed a 5,550-square-foot lease expansion.<\/li>\n<li>AMCS Group, a software and vehicle technology supplier, will occupy 2,687 square feet of space and it was represented by JLL\u2019s Tom O\u2019Regan.<\/li>\n<\/ul>\n<p>\u201c<em>The building\u2019s location, full complement of amenities and highly efficient floor plates make it an outstanding opportunity for today\u2019s tenants,<\/em>\u201d Invesco Real Estate Asset Management Director John Kiernan said in a prepared statement.<\/p>\n<h2>From warehouse to office<\/h2>\n<p>According to Yardi Matrix, the 220,311-square-foot office building was a former warehouse constructed in 1899,\u00a0and was <a href=\"https:\/\/www.commercialsearch.com\/news\/3-reasons-developers-prefer-adaptive-reuse-to-new-construction\/\">converted to office<\/a> in 1976. It was also recently renovated, featuring refurbished interiors, a new entrance and lobby, improved building systems, fitness center and underground parking. The asset was awarded ENERGY STAR certification in 2016, the Preservation Achievement Award for the Best Adaptive Use of Historic Industrial Space by the Boston Preservation Alliance and a BOMA Boston TOBY award in 2014. Additionally, 179 Lincoln St., received a LEED Core &amp; Shell Silver certification, being one of the first LEED-certified historic renovations in Boston.<\/p>\n<p>The property is surrounded by parks, restaurants, cafes, retailers and banks, offering easy access to the Boston Logan International Airport. South Station transit stop is located within walking distance, providing tenants with easy access throughout the entire area.<\/p>\n<p><em>Image courtesy of CBRE<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transactions totaled 70,000 square feet of new leases and expansions signed by tech, energy, media, logistics and mechanical firms. The 220,311-square-foot property was recently renovated and holds several building certifications.<\/p>\n","protected":false},"author":241,"featured_media":1004181649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21784,21742,10,21747],"tags":[33022,32789,34279,33882,32796],"class_list":["post-1004181634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-brokerage","category-latest","category-northeast","category-office","tag-avison-young","tag-cbre","tag-cresa","tag-invesco-real-estate","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Invesco Inks 6 Leases at Premier Office Building in Boston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/invesco-inks-6-leases-at-premier-office-building-in-boston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Invesco Inks 6 Leases at Premier Office Building in Boston\" \/>\n<meta property=\"og:description\" content=\"The transactions totaled 70,000 square feet of new leases and expansions signed by tech, energy, media, logistics and mechanical firms. 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