ValueOptions Signs Lease at Boston’s 1000 Washington Street
On behalf of Nordblom Company, CBRE/New England announced today that a new lease has been signed at 1000 Washington Street in Boston, Massachusetts. ValueOptions, the nation’s largest independent behavioral health and wellness company, will occupy 39,385 square feet at the property in May 2013.
As exclusive leasing agent for the asset, CBRE/New England’s David Fitzgerald, Executive Vice President/Partner, Bill Crean, Senior Vice President/Partner, and Kristen Jensen, Client Services Coordinator, represented the landlord. The Ezra Company’s Lawson Wilder represented the tenant.
“The decision for ValueOptions to relocate to 1000 Washington Street is a testament to the building and the long-standing success of its ownership and management by Nordblom,” noted CBRE/NE’s David Fitzgerald.
The area surrounding 1000 Washington Street is on a strong development growth curve.
Construction at the Ink Block apartment complex site on Harrison Avenue has broken ground. Upon completion, the $200-million development will include 85,000 square feet of retail space, including a Whole Foods supermarket on the six-acre site. The developer of the 275 Albany Street project will move ahead with its project as a dual apartment complex. The $145-million project is comprised of two buildings totaling 400 residential units. In addition, the project will include retail and possibly restaurant space, with accessory parking containing up to 180 parking spaces.
Renovated in 2009, 1000 Washington Street is an 11-story, 242,240 square foot office building that offers premium office space, on-site 310-car parking, fitness center, and an on-site cafeteria offering tremendous views of the Boston skyline. Its location also is just steps away from a wide array of retail and dining opportunities.