Global law firm Greenberg Traurig LLP signed a lease to relocate from the Boston office it has called home for 27 years.
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The firm signed a nearly 80K SF lease at South Station Tower and is expected to relocate in late 2027, landlord Hines announced Tuesday.
The lease is roughly 20K SF larger than the law firm's current office at Chiofaro Cos.' One International Place, The Boston Globe reported. The law firm has 3,200 attorneys across the globe, with 51 offices in the U.S., Europe, the Middle East, Latin America and Asia.
At South Station Tower, Greenberg Traurig joins tenants including JPMorgan Chase, which signed a 250K SF lease; FM Global, which signed a 57K SF lease; and Citadel, which signed an 11K SF lease.
The mixed-use tower was completed in 2025 and consists of 680K SF of office space and 166 luxury condominiums. The tower includes a nearly 1-acre Sky Park and three food and beverage concepts.
"Greenberg Traurig’s decision to relocate its Boston office to the tower underscores the demand for thoughtfully designed, highly amenitized workplaces that foster collaboration, support employee well-being and position companies for long-term growth," Hines Senior Managing Director Sarah Hawkins said in a statement.
SALES
Stockbridge Capital Group acquired a 17K SF warehouse at 3 Furlong Drive in Revere for $45M. The property, which is used for FedEx drop-offs and pickups, is near the Suffolk Downs development and last sold for $38M in 2022.
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American Healthcare REIT acquired a 92-unit senior living center at 240 South Road in Bedford for $50M, according to public records. The seller in the deal was LCB Senior Living. The Residences at Bedford opened in 2024 with more than half of the units committed.
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The Seyon Group acquired a two-building industrial portfolio in Marlborough for $28M, according to public records. The buildings are at 261 Cedar Hill St. and 753 Forest St. The portfolio is 100% leased to several tenants, including Mitutoyo America Corp., Fastenal Fulfillment Center and Endless Energy.
The acquisition is part of Seyon's launch of Seyon Industrial Fund II. The firm is raising capital for the fund and has completed other deals in Connecticut and Maryland.
FINANCING
MassDevelopment issued a $4M tax-exempt bond on behalf of Glen Urquhart School Inc. to build a 4K SF facility at the school's Beverly campus. Rockland Trust purchased the bond. The one-story facility will feature a classroom, administrative space, a conference room and reception space. Construction is underway and is expected to be completed in May 2027.
PERSONNEL
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CBRE hired Eric Jeremiah as vice president of the company's Greater Boston suburban office team. Jeremiah will focus on tenant and landlord representation. Before the new role, Jeremiah worked at Newmark, representing tenants in the suburban office and industrial leasing sector. He graduated from Middlebury College.
CONSTRUCTION AND DEVELOPMENT
The Massachusetts Department of Transportation released an invitation to bid for the redevelopment of a 20-acre waterfront property along the Taunton River. The Route 79 Davol site is next to the Fall River Depot commuter rail station. The site could be home to a large-scale mixed-use development. Proposals can be submitted through Oct. 21.
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Dallas-based Alexan proposed a four-building, 520-unit apartment complex adjacent to the North Quincy MBTA station, the Boston Business Journal reported. The two office towers on the site would be demolished to make way for the apartments. The office buildings are owned by FoxRock Properties and Atlantic Management. Alexan, which is part of Trammell Crow Development, has apartment communities in Chelmsford, Peabody, Waltham and Worcester.
