Cassidy Turley, a leader in the commercial real estate services field with extensive experience in the greater Boston office market, today announced that it has leased 10,380-square-feet to Ricoh Americas Corporation, 5,373 square feet to H.T. Bailey Insurance Group, and 15,572 square feet to South Shore Mental Health (SSMH) at One Adams Place in Quincy, Mass., for lease terms of five years.
The Cassidy Turley team who represented the landlord, CommonWealth REIT, included Senior Managing Director, Principal Sean Teague and Associates Jon Vacca and Kate McGovern,. CB Richard Ellis represented Ricoh Americas, DTZ represented H.T. Bailey and The Conrad Group represented SSMH. One Adams Place is managed by Reit Management & Research LLC, Real Estate Services.
Constructed in 1986 and renovated in 2004, One Adams Place is a five story 124,777-square-footClass A office building. The building’s exterior is attractive polished granite and its large floor plates are designed for functionality and flexibility. The floor plates are approximately 25,000-square-feet with Walker Duct Systems built into the floors. These features make the building ideal for both a corporate headquarters and back office use. Amenities within Adams Place include a full service cafeteria, day care center, onsite property management and jogging trails in the adjacent Blue Hills Reservation. Hyatt Place and the Boston Marriott Quincy Hotel are located minutes away. Both are full service hotels offering conference and dining facilities. The South Shore Plaza is a half mile away with over 180 retail shops and restaurants and downtown Boston is located less than 10 miles to the north.
About CommonWealth REIT
CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office and industrial properties located throughout the U.S. As of September 30, 2012, CWH owned $7.2 billion of office and industrial properties with approximately 52.9 million-square-feet located in 31 states, Washington, D.C. and Australia. CWH is headquartered in Newton, Massachusetts. Reit Management & Research LLC, Real Estate Services, also headquartered in Newton, Massachusetts, manages more than 98 million-square-feet of commercial office, industrial and medical office buildings across the country.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
Linda M. McDonough