Jones Day Secures Office Space at Boston's South Station Tower
Deal News | Dec 05, 2024 | Hines Interests LP
Hines, a global real estate investment manager, has announced that Jones Day, a reputable law firm, will be the first office tenant at the South Station Tower in Boston. The firms have entered into a 15-year lease agreement for nearly 41,000 square feet spanning two floors. This move marks Jones Day's first relocation within Boston since 2011, reinforcing their commitment to Boston's market and emphasizing a demand for premium office spaces near transit hubs. The South Station Tower, designed by Pelli Clarke & Partners and scheduled for completion in 2025, will offer 680,000 square feet of office space, luxury residences, and a private park among its amenities. It will integrate seamlessly with the city’s most active transit hub, further enhancing South Station’s role as a key transportation gateway in Boston.
Sectors
- Real Estate
- Legal Services
- Transportation
Geography
- United States – The South Station Tower project and the lease agreement with Jones Day are located in Boston, Massachusetts.
- Boston, Massachusetts – Specific geographic location of the South Station Tower development and the new Jones Day office.
Industry
- Real Estate – The article discusses the development of South Station Tower, a major real estate project managed by Hines.
- Legal Services – Jones Day, a global law firm, is a key participant in the lease agreement at the South Station Tower.
- Transportation – The South Station Tower project includes significant investments in expanding the transit hub at South Station, enhancing transportation facilities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hines Interests LP | Developer of South Station Tower | Company | A global real estate investment manager developing South Station Tower. |
| Jones Day | First office tenant at South Station Tower | Company | A global law firm leasing office space at South Station Tower. |
| Pelli Clarke & Partners | Architectural Design | Company | The architectural firm responsible for designing South Station Tower. |
| The Ritz-Carlton | Residential Management | Company | Managing the branded residences at the upper floors of South Station Tower. |