Photo: Original image Boston Business Journal; Illustration by BRA
Why do companies go through all the trouble of moving? Many reasons, but that two that stand out are the opportunity to design space that reflects the company’s vision today, and the second is economics.
The design of office space today, compared with 10 years ago, show an evolution to more efficient layouts that incorporate green technology. The financial side is comprised of many factors that can range from rent abatement, tenant improvement dollars, base year expenses and the price per square foot.
The Boston Business Journal on December 21, 2012, reported that “Goodwin Procter signed a letter of intent this week to lease 360,000 square feet in an office building to be built next to the Institute of Contemporary Art in on the South Boston waterfront that Mayor Thomas M. Menino has dubbed the Innovation District. The firm would move 860 attorneys and support staffers to the new building, which would also include a 135-room hotel and retail space.”
The complete article, Goodwin Procter to Waterfront, is available on the Boston Business Journal’s website.
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Office space for lease near the Boston Waterfront