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News release

BOSTON, MA

Massachusetts Teachers Association Leases 46,000 SF at Campanelli’s Heritage Landing, Quincy

JLL represents tenant, assigned to build out


BOSTON, March 2, 2015 – Massachusetts Teachers Association (MTA), has signed a long-term lease for 46,000 square feet of first class office space at Heritage Landing in Quincy, MA. The top two floors in Heritage Two will serve as the MTA’s new headquarters. JLL Senior Vice President Sean Lynch negotiated on behalf of the tenant. In collaboration with Peter Brown, Director of Leasing at Campanelli, the Cushman & Wakefield suburban team of Mike Frisoli and Matthew Morgan with downtown brokers Dave Martel and Molly Davis, represented the campus’ owner, Campanelli. JLL’s Project and Development Services (PDS) group was awarded the interior build out of the space.

“The MTA is very excited about our new headquarters in Quincy,” said Ann Clarke, Executive Director of MTA.  “This aesthetically pleasing and highly functional building will provide outstanding workspace for our union as we engage the MTA’s more than 110,000 members in the important issues facing public education in these challenging times.”

“With the addition of the Massachusetts Teachers Association to Heritage Landing, the property now has surpassed 120,000 square feet of new leases since Campanelli took ownership of the previously vacant office buildings 19 months ago. Home to a long-established, non-profit organization, innovative young companies and private award-winning firms, we are confident that Heritage Landing offers something for everyone,” stated Peter Brown, Director of Leasing at Campanelli. “Our rental rates average 50% of downtown Boston, and over 70% of the total square footage leased since Campanelli’s purchase of this campus has been by companies migrating out of the city, which speaks highly to the quality and access Heritage Landing provides to tenants.”

The space will feature sophisticated solutions for new offices, a training center, and support spaces. The design will incorporate the MTA brand and strengthen their identity. The project team consists of architects Spagnolo Gisness & Associates, Inc., and WB Engineers Consultants JLL’s team is comprised of Vice President Tom O’Connor, and Mark Terry. MTA is scheduled to move in on November 1, 2015. 

“JLL is excited to work on behalf of the MTA and represent them in their relocation from Boston to Quincy,” said JLL’s Lynch. “We are happy to be a strategic partner in their real estate planning starting with the recent sale of their 20 Ashburton Place building on Beacon Hill in Boston by our Capital Markets team. After an extensive search over 18 months they selected Heritage Landing  because of its setting in a quality urban business environment with on-site amenities, Campanelli’s recent improvements to the building included completion of the new lobby, and its proximity to the MBTA’s North Quincy Station. The MTA is proud to be going to this strong pro-union city.”

Heritage Landing is a two-building Class A corporate campus totalling 350,000 square feet with great corporate neighbors including State Street Bank, Blue Cross Blue Shield, and Granite Telecommunications. The buildings are located within walking distance of the MBTA Red Line T, and directly off Interstate 93 and Route 3A, with visibility from the Southeast Expressway. Campanelli officially unveiled their multi-million dollar renovations at Heritage Two last year, which are accessible to all tenants on the Heritage Landing campus. The brand new amenity package includes a sleek new entrance, a full-service café featuring downtown eatery Sebastians, a high-end fitness facility, and a modern 80-seat conference center. The café features the first ever micro-mart in a multi-tenant suburban building which offers snacks, drinks and sandwiches that can be accessed via a tenant’s FOB 24/7 with an automated pay station.  For more information on Heritage Landing visit http://www.heritagelandingma.com.

About Campanelli
Established in 1947, Campanelli is a third generation, full-service commercial real estate development and acquisition company with extensive experience in the industrial, office, medical office, warehouse/distribution, retail, educational and cold storage markets. Campanelli began building homes during WWII and transitioned from residential to commercial real estate in the 1960’s. The team, known for their seamless ability to work with their clients and act as the “real estate division” of a company, has developed 11 business parks in Massachusetts, over 20 million square feet across the nation, and provided international development consulting and site selection services. The company’s signature capabilities include land development, design and build, redevelopment and value-added acquisitions. It is Campanell’s all-encompassing and quality services that have led to its successful track record as a highly-regarded developer; from site selection, feasibility analysis, local, state and federal permitting, to architectural and engineering design, building construction and facilities and property management. For more information visit our new website at Campanelli.com.  

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $53.6 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.