Michael Joyce of Richards Barry & Joyce represented property owner Boston Wharf Co. in the transaction while Donald Hause and John Hennessey of GVA Thompson Doyle Hennessey & Stevens represented Thomson in the lease.

Boston Wharf owns about 2.2 million sf in 44 buildings in Fort Point Channel and had been in the process of selling its portfolio to New York-based Tishman Speyer Properties in a deal that was reported to be worth $500 million. But reportedly the deal was called off. Calls to both Tishman Speyer and Boston Wharf Co. for comment were not returned by deadline. Thomson Financial is one of the major tenants in the portfolio with the rest being used as manufacturing space or artists' lofts.

Allison Hagan, a spokesperson for Thomson, tells GlobeSt.com that the deal is 100,000 sf less than what Thomson was previously occupying. She says that the 380,000 sf is "what the company needs today." Lease rates for the deal were not disclosed, and Hagan notes that the rate is slightly higher than what Thomson was paying but with additional concessions. According to Grubb & Elli's most recent statistics lease rates for class A space in the seaport district are about $41 per sf while class B space goes for about $25 per sf. The term of Thomson's lease is through 2014. Hagan adds that while Thomson is "always looking at options" the firm was "really happy" with this space.