Boston – CBRE/New England announced that Kids & Company, a provider of corporate-sponsored child care, has signed a 16-year, 20,247 SF deal to open a childcare facility at 451 D Street in Boston’s Seaport District with licensed spots for 200 children and equipped with a dedicated outdoor play area.
Kids & Company, a Canadian-owned and operated company provides high-quality child care and educational learning experiences for children from infancy to 12 years of age. Their innovative model and flexible programs provide full-time, part-time or back-up child care for corporate employees and their participating communities. Exclusive to tenants at 451 D Street, Kids & Company will guarantee placement for employees’ children and waive the registration fees. The child care center will open summer 2017.
Avison Young’s Justin Dziama and Karyn McFarland represented Kids & Company in the transaction. The building is owned in a joint venture between Meritage Properties and Commonwealth Ventures.
“We are thrilled to add Kids & Company to the dynamic roster of tenants at 451D Street,” said Erin Shaw, Managing Director at Meritage Properties. ”On-site childcare will be a terrific amenity for the building as well as the greater Seaport community.”
Victoria Sopik, CEO and Co-founder of Kids & Company added, “Many families are struggling to balance work and life, and we are delighted to provide quality care to families in the Seaport area. Our model provides peace-of-mind to parents knowing their children are in a safe and educational environment, equipped with webcams and no pressure of late fees.”
451 D Street offers a brand-new 3,000 square foot Wi-Fi-enabled tenant amenity center featuring a lounge area, kitchen, games and conference center. The refreshed on-site café offers breakfast and lunch daily, in addition to Fooda and Peach food services. The site also offers a fitness center with towel service, on-site parking, enclosed bike storage, and shuttle service to North and South Stations. The recently renovated lobby provides a vibrant entrance with ease of access to the various amenity offerings.
