Jones Day Moves into South Station Tower

Deal News | Jan 10, 2025 | Hines Interests LP

Jones Day Moves into South Station Tower

Hines Interests LP, a global real estate investment manager, has secured global law firm Jones Day as the first office tenant at the South Station Tower in Boston. The 15-year lease agreement, covering 41,000 square feet over nearly two floors, marks Jones Day's first move in the city since entering the market in 2011. The South Station Tower is a highly anticipated mixed-use development featuring 680,000 square feet of office space and 16 residential floors managed by The Ritz-Carlton. Located over a major transit hub, the tower is designed to offer best-in-class amenities, including a private park and improved transportation links. Jones Day’s relocation underscores its commitment to serving Boston's businesses and capital providers and highlights the firm's dedication to providing a collaborative work environment for its team and clients. South Station Tower's design and features aim to reshape Boston’s skyline and enhance the city’s transit capacity.

Sectors

  • Real Estate
  • Legal Services
  • Transport Infrastructure

Geography

  • United States – The article discusses real estate and legal industry developments in Boston, MA, USA.
  • Boston, Massachusetts – The South Station Tower project is located in Boston, making the city's geography particularly relevant.

Industry

  • Real Estate – The article is centered around Hines Interests LP's mixed-use real estate development, South Station Tower, in Boston.
  • Legal Services – Jones Day, a global law firm, is the first tenant in the South Station Tower, indicating relevance to the legal services industry.
  • Transport Infrastructure – The South Station Tower project includes the expansion of a multi-modal transportation center, affecting transport infrastructure.

Financials

  • – No explicit financial details such as deal price or lease amount provided.

Participants

NameRoleTypeDescription
Hines Interests LPDeveloperCompanyA global real estate investment manager developing the South Station Tower.
Jones DayTenantCompanyA global law firm renting office space at South Station Tower.
Pelli Clarke & PartnersArchitectCompanyThe architect firm responsible for designing the South Station Tower.
The Ritz-CarltonResidential ManagerCompanyManaging the branded residences on the upper floors of South Station Tower.
Sarah HawkinsCEO East RegionPersonCEO at Hines, commenting on the significance of the lease with Jones Day.
Colleen LaduzinskiPartner in ChargePersonJones Day partner in charge of the Boston office, highlighting the importance of the move.