Boston– JLL announced that 399 Boylston Street, a Class-A office building in Boston’s thriving Back Bay submarket, has completed four lease transactions, with noteworthy tenants ProKidney, Rip Road Capital Partners, Valspring Capital, as well as a new-to-market financial services firm. The deals total over 21,000 square feet, reinforcing the area’s sustained appeal in the heart of the city.
ProKidney has leased approximately 7,500 square feet of space, while Valspring Capital signed for approximately 2,400 square feet. The largest new lease, 7,516 square feet, was signed by a financial services firm. Also, Rip Road Capital, an existing tenant, extended their lease of roughly 3,800 square feet for five years.
“We have been extremely pleased with our experience as tenants at 399 Boylston,” said Nikhil Pereira-Kamath, Chief Business Officer at ProKidney. “The property has created an excellent environment for our team to operate and grow, and we look forward to our continued partnership for years to come.”
Situated along Boston’s historic Boylston Street steps away from the city’s best retail and restaurants, and convenient access to public transit, the property offers dramatic views of the Boston skyline, the Public Garden, and the Charles River. The boutique building, operated by EQ Office and designed by CBT Architects, combines the classic charm of a traditional red brick facade with modern glass and bay windows on the top five floors.
“Location is of prime importance, which has been evident with the increased activity and demand we have seen recently,” said Ryan Enright, Managing Director at JLL. “399 Boylston is perfectly positioned to meet the evolving needs of businesses looking to establish or expand their presence in this vibrant area of Boston.”
“We’re excited to welcome a growing list of high-caliber companies to 399 Boylston, validating our strong positioning in the Back Bay market,” added Scott Silverstein, Vice President, Leasing for EQ Office.
The JLL team representing EQ Office was led by Managing Directors Ryan Enright and Patrick Nugent. ProKidney was represented by Charlie Jennings and David Stockel of CBRE, Valspring was represented by Ben Sutton and Matt Maletesta of Newmark, and Rip Road Capital was represented by Gill Davey and Jason Cameron of Newmark.
