BOSTON- Cushman & Wakefield helped facilitate the lease of office space for three new companies at 150 Royall Street in Canton, MA. The deals materialized after progressive consolidations by predominant tenant Chicago Bridge & Iron Company, now McDermott, maintaining the office complex’s 100% occupancy rate.
150 Royall St. is a highly sought-after complex of Class A office space, available with flexible space options and market-leading on-site amenities. Its proximity to the crossroads of major transportation Routes 128, I-95 and I-93 and quick travel time to Boston and the South Shore have made it a desirable choice for firms in various industries. The newest additions to this space are Computershare, Redfin and Digital Insurance, leasing a total of 90,000 square feet (sf). The building team has an additional 50,000 sf pending with other prospective tenants.
“We are excited to have this amount of activity from this caliber of tenancy,” said Jordan Berns, Partner at Jumbo Capital. “It’s a testament to the superb leasing capabilities of the Cushman & Wakefield team and the enhancement of what we think is one of the best amenity packages in the South market. These new leases validate Jumbo’s approach of providing superior amenities at strategically located, Class A office facilities.”
150 Royall St. offers market-leading amenities including an on-site cafeteria, a 24/7 grab and go food service, a 7,900-sf fitness center with full locker rooms and a multi-purpose training studio, gaming areas, a carport with solar panels, a conference center with an 800+ person atrium, and access to biking, hiking and jogging trails adjacent to the site on the 7,000-acre Blue Hills Reservation. Corporate neighbors include Boston Mutual, Reebok, Meditech, Dell and Dunkin’ Brands. Recent improvements to the building include a complete lobby renovation and common area upgrade including atrium and conference center.
“The building’s central location and dynamic common area environment are what make it an optimal space for companies and their employees,” said Rob Byrne, managing director at Cushman & Wakefield. “We’re thrilled to have had the opportunity to collaborate with Jumbo to transform this three-tenant building into a six tenant, multi-environment experience with the best building amenities in the market. This building is a leading example of what happens when you create the vibrant, active multi-tenant environments that modern office users need for the company and people to thrive. We anticipate that this building will house many more corporate headquarters in the years to come.”
The Cushman & Wakefield team involved in the transaction includes Managing Director, Rob Byrne, Executive Director, Paul Leone, Senior Associate, George O’Connor and Associate, Rachel Igoe.