Freudenheim Partners is proud to announce the successful completion of two lease transactions on behalf of MASSPIRG and Green Century Capital Management in downtown Boston.
MASSPIRG, a longstanding advocate for public interest and consumer rights, has relocated within 294 Washington Street, a property owned by Synergy. The new space accommodates the organization’s evolving needs while keeping them within the heart of Boston’s downtown.
Green Century Capital Management, known for its socially responsible investment funds, has renewed its lease at 114 State Street, under the ownership of STATE 114 ENTERPRISES LIMITED PARTNERSHIP. The renewal reflects the firm’s strategic decision to remain in a location that aligns with its operational needs and values.
Despite the current downturn in the office market, non-profit organizations continue to face challenges finding affordable, well-located office space in downtown Boston. By working closely with both MASSPIRG and Green Century Capital Management, Freudenheim Partners secured favorable rents for both clients, ensuring they could remain in prime locations without compromising on cost or convenience.
“Green Century Capital Management and MASSPIRG are related through their shared commitment to environmental and social causes, but they operate in different ways,” said Ellie Cullinan, Executive Vice President at Freudenheim Partners. “Our real estate search evaluated options for the two groups to share space, purchase a building, and lease space. Ultimately, both groups benefited from remaining in their existing buildings at favorable rents.
Freudenheim Partners’ Chris Rogers and Ellie Cullinan represented both tenants in these transactions.
For more information about MASSPRIG, visit https://masspirgstudents.org.
For more information about Green Century Capital Management, visit https://www.greencentury.com.
About Freudenheim Partners:
Freudenheim Partners is a commercial real estate advisory firm specializing in strategic leasing, acquisition, and disposition services. With a commitment to delivering tailored solutions and fostering strong client relationships, Freudenheim Partners offers unparalleled expertise and creativity in a challenging real estate market.
For more information about Freudenheim Partners, please visit https://www.fpcre.com
