BOSTON — Bank of New York (BNY) Mellon has renewed its lease at the One Boston Place office tower in Boston. The financial institution occupies 362,293 square feet, comprising approximately 20 floors of the 41-story, Class A tower. The company also has the naming rights to the building, which is known as BNY Mellon Center, and has occupied the space since 1972.
The CB Richard Ellis (CBRE) team of Andrew Hoar, Christopher Cuddy, Lauren Phelan Lipscomb and Emily Batchelder represented the landlord in the transaction, a joint venture between TIAA-CREF and SITQ Immobilier. CBRE also serves as the exclusive leasing agent for the property. J.C. Pelusi and William Motley of Jones Lang LaSalle represented BNY Mellon.
One Boston Place was constructed in 1970 and renovated in 2008. The building also has received Gold-level certification for LEED for Existing Buildings: Operations & Maintenance. Additional tenants at the 800,000-square-foot tower include Boston Capital Partners, Robinson & Cole, and Wells Fargo.
A request for comment was not returned as of press time.
— Coleman Wood