New tenants at One Marina in Boston’s Seaport District reflects market opportunities
Businesses continue to see value in prime office space in downtown Boston
BOSTON, Apr. 9, 2021 – JLL announced today that it has brokered three new leases totally nearly 20,000 square feet at One Marina. The nearly 500,000 square foot multi-tenant office tower, owned by Clarion Partners, is located in Boston’s Seaport District.
Hanover Company is relocating from 2 Seaport Lane and leasing 2,913 square feet. The tenant was represented by JLL’s Sarah Curry and Zach Gramlich. Barings is relocation from 470 Atlantic Avenue and leasing 12,142 square feet. The tenant was represented by CBRE’s Tim Lyne and Tim Howe. Fusion Worldwide, currently a tenant at One Marina, expanded by 4,728 square feet and represented by CBRE’s Kevin Kennedy.
Located in Boston’s Seaport District, office spaces at One Marina offer modern, open floor plans and floor to ceiling windows to allow tenants to enjoy sweeping city and harbor views. The location of the building is highly sought after, only 5-7 minutes to various transit options, including Logan International Airport and the Massachusetts Turnpike (I-90). The district is continuing to grow, adding more residential units and hotels to an array of entertainment amenities.
According to JLL research, vacancy has increased within the market, but has provided new opportunities to tenants.
“Businesses of all types continue to recognize the value of the office as a place for successful collaboration, strategic planning and mentoring. Tenants are exploring opportunities to move into spaces they previously would not have considered.” said JLL SPOKESPERSON. “The new leases at One Marina reflects the forward thinking of tenants who are taking advantage of new openings within the Boston market.”
The JLL agency leasing team representing One Marina Park Drive is comprised of Managing Director Bryan Sparkes, Managing Director Patrick Nugent and Managing Director Ben Heller.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.