BOSTON — TD Bank U.S. has signed a multi-floor, 10-year lease at Two International Place, marking one of the largest office leasing commitments in Boston this year and further strengthening the Financial District property’s position as a premier workplace destination.
The agreement, announced Thursday by The Chiofaro Company and PGIM Real Estate, will consolidate TD’s Boston and suburban corporate offices into a single downtown location at International Place.
Bank officials said the move is intended to create a more collaborative environment for employees while reinforcing TD’s long-term investment in the Boston market and broader New England region.
“This move is about creating a more connected experience for our teams,” said Sheryl McQuade, who oversees TD’s banking operations across the New England region, including Massachusetts, Connecticut, Rhode Island, Maine, New Hampshire, and Vermont. “Bringing our colleagues together at International Place allows us to deepen relationships, collaborate more closely, and continue investing in Boston as a place where our people and our business can thrive.”
The lease adds to growing momentum at International Place, which has recently secured office commitments from firms including KKRand McCarter & English LLP. The announcement also comes as ownership nears completion of a sweeping $100 million modernization and repositioning of the property.
“TD’s decision to relocate to International Place is a defining moment — not just for our property, but for the Boston office market,” said Donald Chiofaro Jr., whose family company developed International Place and is leading its current redevelopment. “This commitment, alongside other leading global firms, is a clear signal that the future of the workplace belongs to highly curated, experience-driven environments. International Place is setting that standard.”
The ongoing redevelopment has transformed International Place into a next-generation workplace campus centered around hospitality-style amenities and modern collaborative spaces. At the center of the project is The Aries Club, a new tenant-focused wellness and social destination designed to provide private-club-style experiences, curated programming, advanced workplace technology, and flexible gathering spaces.
Additional upgrades include redesigned lobby areas, enhanced public spaces, and improvements to the IP Commons and Fort Hill Plaza entrance. The outdoor redesign features expanded greenery, integrated seating areas, and a signature 55-foot water feature intended to modernize the arrival experience for tenants and visitors.
Located along the Rose Kennedy Greenway in downtown Boston’s Financial District, International Place remains one of the city’s most recognizable office complexes. Developed by The Chiofaro Company and designed by renowned architect Philip Johnson, the property spans approximately 1.8 million square feet of Class A office and retail space across two towers.
Ownership said the extensive reinvestment reflects changing workplace expectations as companies increasingly seek premium office environments that prioritize employee experience, flexibility, and collaboration.
TD Bank U.S. serves more than 10 million customers through approximately 1,050 locations across the Northeast, Mid-Atlantic, Carolinas, and Florida. The company is headquartered in Mount Laurel, New Jersey.
