February 14, 2022 12:00 PM
Newmark announces it has completed a 14,163-square-foot office lease with Aura at 250 Northern Avenue, a 50,000-square-foot, Class A office building in Boston’s Seaport submarket. Newmark Directors Ben Sutton and Brendan Daly represented the tenant, Aura, in the transaction. The asset owner, Invesco, was represented by Brendan Miller of Lincoln Property Company.
Currently headquartered in Burlington, Massachusetts, Aura is an identity theft protection platform that offers comprehensive digital security. The company was seeking a high-image headquarters location to gain visibility and to aid in talent attraction and retention. Buildout for the new offices will begin in early 2022, with an anticipated September 2022 occupancy.
“We are thrilled to have worked with Aura to find a more prominent headquarters location in the bustling Seaport District,” said Sutton. “The new location will enable Aura’s continued growth and allow the company to attract the best and brightest talent.”
250 Northern Avenue is a four-story, 50,000-square-foot office building featuring high-image retail on the ground and first floors. Building features include private decks, exposed ceilings, floor-to-ceiling window lines and harbor views. The property is located within the vibrant Seaport District, offering proximity to an abundance of shopping, fitness and dining amenities.
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues in excess of $2.9 billion for the year ending December 31, 2021. Newmark’s company-owned offices, together with its business partners, operate from approximately 160 offices with over 6,200 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.