Leasing Bid Starts at Braintree Hill Park

BRAINTREE, MA-Bold execution has produced a beautiful result, and now the Flatley Co. is putting an all-out charge on leasing the nearly-completed Braintree Hill Business Center. Flatley’s first-class, 160,000-sf speculative office building represents the last piece of the development puzzle for its flagship Braintree Hill Office Park, and reviews among industry watchers have been unabashedly positive.

“That building won’t stay vacant for very long,” opines DTZ FHO Partners principal Sean Teague, among several South Shore brokers offering high praise for a building with a high profile that provides vistas of the Boston skyline, 10 miles away, and visibility towering over Route 128 that could be a valuable image-enhancer for Braintree Hill Business Center’s occupants. “It’s a fantastic location,” states one of Flatley’s local competitors who also predicts a solid response from the tenant community.Veteran broker J.P. Plunkett rates the Braintree Hill Business Center as an “A-plus” property that has all the necessary ingredients sought by new millennium companies. “I would have to say it is the nicest office building you will find south of Boston,” says the Cushman & Wakefield executive director, ranking only Flatley’s nearby Crown Colony complex in Quincy as a potential challenger and terming the new building as “a great way to finish up the park.”

Plunkett does voice concern of a sudden slowdown in leasing activity in suburban Boston, and says there is a dearth of tenants sporting a requirement able to take down all 160,000 sf. But he concurs with other observers that most top firms looking will put Braintree Hill Business Park on their property tours, and says he thinks Flatley can be especially competitive, since the firm did not have to first acquire the land upon which the building was constructed. Even if Flatley cannot find a full-building tenant, Plunkett says firms needing one floor will be eager to consider Braintree Hill, citing the 40,000-sf floor plates as “ideal” for certain users.