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Newmark Grubb Knight Frank (NGKF) is pleased to announce that the firm has been appointed as the exclusive leasing agent for the 71,532-square-foot office building located at 186 Lincoln Street in Boston. The property is owned by Brickman Associates, who purchased the building in April 2015.
Located in downtown Boston’s Leather District, 186 Lincoln Street is a nine-story, fully-restored office building totaling 71,532 square feet. The property is ideally located within minutes of I-93 and I-90 and is three blocks from South Station. Built in 1904, the building features 6,651-square-foot floor plates and a newly renovated lobby and façade. Base building improvements are also currently underway.
“We are excited to be working with Brickman Associates, who have a proven track record for success in Boston,” said Jason Cameron, senior managing director in NGKF’s Boston office. “Located in the up-and-coming area of the Leather District, the asset offers flexible floor plans and an abundance of natural light. The combination of the building’s location and having successful and stable ownership will bring 186 Lincoln to its full potential.”
Cameron will lead the brokerage team along with Ellen Fantini Cullinan, also a senior managing director in NGKF’s Boston office. The property is currently 72.1% leased and is home to high-quality tenants including: Roche Diagnostics Hematology, Telefund & Grassroots Campaign and Full Contact Advertising.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,000 professionals operate from more than 330 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.