Newmark is pleased to announce the relocation of Slalom to 399 Boylston Street in Boston, Massachusetts. Newmark Senior Managing Directors Jason Cameron and Jim Brady of the firm’s Boston office, in cooperation with Senior Managing Director Daniel Levine of the firm’s New York office, represented Slalom in the 30,075-square-foot lease. The firm is combining offices and relocating from its two Boston locations at 181 Newbury Street and 312 Stuart Street.
Founded in 2001, Slalom is a business and technology consulting firm headquartered in Seattle, Washington. The company employs more than 5,000 people across 25 offices in North America and the United Kingdom. Slalom was recently named on the 2018 Fortune 100 Best Companies to Work For List, which is the firm’s third consecutive year being included. With a desire to consolidate two locations into one, Slalom selected Newmark to assist with its site selection analysis, ultimately choosing 399 Boylston Street based on its Back Bay location. The firm will take occupancy of its new space in July 2018.
“We are pleased to have assisted Slalom in this office relocation, allowing them to combine two offices under one roof,” said Cameron. “With its location, upgraded lobby, amenities and new retail, 399 Boylston is a great location to attract and retain top industry talent, as well as work in a collaborative environment with a fresh new look and feel.”
399 Boylston Street is a Class A, 251,328-square-foot, 13-story office building. Centrally located in Boston’s Back Bay, the property features an abundance of natural light and outstanding views of the Boston skyline, Public Garden, Boston Common and the Charles River. Ownership, The Blackstone Group LP / Equity Office Properties, recently completed renovations to the building’s lobby which included a new glass façade, bike storage, a fitness center, lockers and showers, as well as updates to the retail area. 399 Boylston is within minutes from the Arlington Street MBTA Station, Storrow Drive, I-93, the Mass Pike (I-90) and Logan International Airport. Additionally, the property is within steps of the Taj Hotel, the Four Seasons Hotel and a variety of restaurants and high-end residential developments.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
Newmark, which is listed on the NASDAQ Global Select Market under the symbol “NMRK”, is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”), 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 “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 “BGCA”.
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