Law firm growth requires new workplace design

Client
  • Hinckley Allen
Space
  • 52,665 sq. ft.
Industry
  • Law Firms
Locations
  • Boston
Services Provided
  • Transaction Management
  • Project Management
Cresa Team
  • Joe Sciolla
  • Richard Lowe
  • Barry Dubé

Client Objectives

  • Needed supplementary space to accommodate growth
  • Engaged Cresa to explore renewing or extending lease at 28 State Street as well as relocating
  • Wanted to create a more collaborative and efficient space with a modern design and layout

Process and Results

  • Negotiated new lease terms which yielded $1MM in lowered rent for the remaining two years of current lease, a ten-year term extension, and an additional 7,260 SF of space
  • Renovated two floors of existing office space and built out a new third floor
  • Secured additional space in the building as swing space to allow business to operate during renovations
  • Achieved a tenant improvement allowance of $3,765,000 to renovate the 52,655 SF space
  • Retained for project management oversight of a three-phase interior renovation across three floors
We consider Cresa a trusted business advisor helping us make our plans a reality. They thoughtfully listened to our requirements and guided us through a range of solutions that will serve the needs of our clients and employees for years to come.
Charles Reppucci  |  Executive Director and Chief Operating Officer
Hinckley Allen

Hinckley Allen Success Story

Hinckley Allen Success Story

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