MFS Investment Management has recently renewed its lease for 330,000 square feet of space in Prudential Center, located in the Back Bay area of Boston, Massachusetts. This renewal was reported by the Boston Business Journal.
Prudential Center is situated at 111 Huntington Ave and is conveniently connected to nearby attractions such as the Hynes Convention Center, office towers at 101 and 111 Huntington Avenue, and Sheraton Boston Hotel. Its prime location makes it an ideal choice for businesses looking to establish a presence in this bustling city.
According to Amrit Kanwal, MFS’ chief financial officer, real estate expenses make up only a small portion of their overall costs compared to personnel expenses. As such, they have decided to stay put rather than relocate to more cost-effective spaces that may compromise their company culture and employee satisfaction – both crucial elements for their success.
The news about MFS renewing its lease in Prudential Center was first reported by Connect CRE.
