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Wachovia Corp. Division Re-Ups for 195,301 SF

BOSTON-Evergreen Investments, a division of Wachovia Corp., renews its lease for 195,301 sf at 200 Berkeley St. The 756,000-sf tower has 20 of its 26 stories occupied by John Hancock Insurance. Beacon Capital acquired the building last March when it bought the John Hancock complex.

By Naomi Grossman | Updated on September 07, 2004

BOSTON-Evergreen Investments, a division of Wachovia Corp., renewed its lease for 195,301 sf at 200 Berkeley St. The 756,000-sf tower, which has 20 of its 26 stories occupied by John Hancock Insurance, is currently fully occupied. Among the other tenants are Deloitte & Touche and Latronico & Whitestone.

Peter Farnum, principal, Rick Fahey, principal, and Alison Cavanaugh-Leo, senior associate of Trammell Crow Co. represented Evergreen Investments. Stephen Lynch, principal of CBRE/Lynch Murphy Walsh Advisors represented the property owner, 200 Berkeley and 197 Clarendon LLC, an affiliate of Beacon Capital Partners LLC.

Steve Higbee, vice president of corporate real estate for Wachovia, says the company looked at a number of alternatives as well as the state of the current office market before ultimately deciding that the best solution was to renew its lease. “This site serves as an ideal location in the city, offering employees easy access to public transportation and the conveniences of Back Bay.”

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