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Thursday, September 30, 2010

Columbia Heads to Franklin

News summary by MFWire's editors

Columbia Management has inked a lease for 155,874 square feet of office space at 255 Franklin Street in Boston, The Boston Business Journal reports .

Columbia, which was purchased by Ameriprise last May, will make the move early next year and occupy six floors, The Boston Globe reports.

The reports did not state the duration of the lease and the financial terms of the transaction.

The space is currently owned by Equity Office, a real estate company owned by private equity firm The Blackstone Group in New York. Columbia is reportedly moving into space recently vacated by the law firm Fish & Richardson, which recently moved to a new 124,000-square-foot space on the South Boston Waterfront.  

Edited by: Hung Tran


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