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Newman Communications Leases 11,000 SF at Brighton Landing

BRIGHTON, MA-The public relations firm relocates from a 6,000-sf space at 214 Lincoln St. to 10,963 sf of first-class office space in Brighton Landing at 20 Guest St. The building is part of a 410,000-sf two building complex that is home to the New Balance world headquarters.

By Naomi Grossman | Updated on April 22, 2004

BRIGHTON, MA-Newman Communications is leasing 10,963 sf of first-class office space in Brighton Landing at 20 Guest St. The public relations firm is relocating from 214 Lincoln St. where it was leasing 6,000 sf.Meredith & Grew, Inc.’s John E. Butterworth, vice president, and Elias T. Demakes represented Newman Communications in the transaction while CB Richard Ellis’s Mark Winters represented the property owner, BV Development.The 410,000-sf, two-building complex houses the New Balance world headquarters on five floors as well as IMGTWIinteractive, Amicas, Inc., Patientkeeper, Inc., Entercom Boston LLC, Vantage Partners, Novations/J. Howard & Associates, Major League Lacrosse/Boston Cannons and the WGBH Educational Forum. In addition the building is home to Newbury Comics’ corporate headquarters and distribution center, a Bally Fitness center and the Landing Café. Lease rates for this deal were not available but the average asking rent for office space in the area is about $16 per sf. The area has an overall availability rate of about 15%, according to Trammell Crow Co.’s most recent statistics, with most of its vacancies driven by excess sublease space. The vacancy rate for direct space only is nearly 4%.

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