EQ Office has successfully secured four new and extended office leases at 399 Boylston St., a top-tier office building located in Boston’s Back Bay submarket. These leases total 21,216 square feet of space and demonstrate the strong demand for this prime location.
ProKidney has leased 7,500 square feet while Valspring Capital has committed to approximately 2,400 square feet. The largest new lease of 7,516 square feet was signed by a financial services firm. Additionally, existing tenant Rip Road Capital extended their lease for another five years with an additional 3,800-square-foot space.
The JLL team representing EQ Office was led by managing directors Ryan Enright and Patrick Nugent. ProKidney was represented by Charlie Jennings and David Stockel from CBRE while Valspring was represented by Newmark’s Ben Sutton and Matt Maletesta. Rip Road Capital received representation from Gill Davey and Jason Cameron of Newmark.
Enright stated that location is crucial when it comes to commercial real estate decisions as evidenced by the recent surge in activity at this property. He also noted that with its ideal positioning within the vibrant area of Boston’s Back Bay neighborhood ,399 Boylston is well-equipped to meet the evolving needs of businesses looking to establish or expand their presence in this desirable area.
This news originally appeared on Connect CRE.