Thursday, August 30, 2012
BOSTON, MA – HFF announced today that it has finalized the long-term ground lease of 177 Huntington Avenue on the Christian Science Plaza (top left photo) in Boston.
HFF exclusively represented The First Church of Christ, Scientist, and the Trustees of Church Realty Trust and procured the ground lessee – an affiliate of Beacon Capital Partners, LLC (http://www.beaconcapital.com).
177 Huntington Avenue is an iconic 26-story, 198,825-square-foot office tower located in the heart of Boston’s Back Bay neighborhood.
This modernist landmarked structure was designed by “internationally renowned” architects I. M. Pei & Partners and Araldo A. Cossutta, Associated Architects.
The building was completed in 1972 to house the Church’s administration departments and is connected to a 550-space underground parking garage. The Church occupied the building until 2008, when it moved its worldwide headquarters into the renovated Christian Science Publishing House Building, also on the Plaza.
The HFF team representing the lessor was led by managing director Coleman Benedict and director Ben Sayles along with executive managing director John Fowler, senior managing director Riaz Cassum and senior real estate analyst Mark Campbell.
For a complete copy of the company’s news release, please contact:
HFF Managing Director
KRISTEN M. MURPHY
HFF Associate Director, Marketing