New England Aquarium Signs 17,550 Square-Foot Lease Renewal at Grain Exchange
Boston, Massachusetts (7/1/2005) The New England Aquarium has signed a 17,550 square-foot lease renewal at The Grain Exchange Building located at 177 Milk Street in Boston. The transaction was negotiated between the New England Aquarium and The Beal Companies, LLP (the Landlord).
Molly Walker, Director of Leasing & Marketing for The Beal Companies LLP, structured a 10 year lease for the Class "A" space, which represents an ideal proximity to the New England Aquarium and its Educational Offices.
The Grain Exchange Building was constructed in the early 1890's and today remains one of Boston's most impressive historic buildings. The building attracts prestigious professional firms due to its exceptional location in Boston's financial district, convenience to parking facilities and public transportation and competitive rates for quality office space. The amazing plans for the creation of the Rose Kennedy Greenway, Boston's newest public garden, at the doorstep of the Grain Exchange, will give this building an additional amenity that few can provide.
Walter J. Flaherty, Executive Vice President and Chief Operating Officer for the New England Aquarium commented, "We are very pleased to extend our lease in this historic building, which is so close to the Aquarium's Central Wharf and adjacent to what will soon be one of the most vibrant and beautiful neighborhoods in the city of Boston."
The Beal Companies, LLP is a Boston-based Real Estate Investment Firm actively pursuing investments in all segments of the Real Estate Industry throughout the country. Activities include the Acquisition and Development of Commercial, Historic and Residential Properties, Asset Management for The Beal Companies, LLP and others, Brokerage and Consulting, Appraisal and Tax Assessment, as well as Financing and Construction Management Services.
The New England Aquarium is one of the first modern public aquariums and is a world renowned institution for innovative exhibits, conservation programs and research activities.