Search
 

Fidelity to take 80,000 sf on Waterfront

BOSTON-Fidelity Investments will take 80,000-sf of space in one of the buildings it is developing here in South Boston on the waterfront with local developer John Drew. The move comes as the financial services company looks to sublet 70,000-sf of space in the financial district.

By Naomi Grossman | Updated on October 11, 2001

BOSTON-Fidelity Investments is set to take 80,000-sf of space in one of its buildings here in South Boston on the waterfront. The move comes just as the financial services company is looking to sublease 70,000-sf of space at 260 Franklin St. in the financial district.

Anne Crowley a spokeswoman for Fidelity, confirms for GlobeSt.com that the company is looking to take 80,000 sf in one of its buildings on the seaport but declined to specify which building the company would occupy. Fidelity, through its subsidiary Pembroke Real Estate, and local developer John Drew have been developing two towers here. The 500,000-sf East tower opened a few months ago but currently has 150,000 sf of available space after a tech company that was to occupy the space went under. The West tower, which is scheduled to open next year, has 125,000-sf of its 500,000 sf still available.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.