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Insurance Firm Renews Lease at 99 High St.

BOSTON-National Union Fire Insurance Co. of Pittsburgh will keep its skyline and harbor views for another 10 years now that it has renewed its 87,815-sf lease.

By Beverly Ford | Updated on January 26, 2007

BOSTON-National Union Fire Insurance Co. will stay in its high profile Boston tower for another 10 years now that it has renewed its lease on 87,815 sf. The company, a subsidiary of global insurance and financial services giant American International Group Inc., has been in the 99 High St. property for more than 10 years.

Ben Heller, with Jones Lang LaSalle’s Boston office, tells GlobeSt.com that the firm conducted a market analysis before renewing its lease and opted to remain in its current offices on the 28th through 31st floors.

“They did an extensive analysis of the market and at the end of the day concluded that this building served them well,” he says. “They have a good relationship with the landlord and it was good economics for them to stay in the building another 10 years.”

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