Office

BOSTON — Brown Brothers Harriman, the oldest privately held financial institution in the U.S., has signed a 410,000-square-foot lease at 50 Post Office Square in Boston. The company will relocate its 2,000 employees to the new space this fall following substantial upgrades to the interior of the building. Andy Hoar, Ogden White, David Fitzgerald and Tim Lyne of CBRE — N.E. Partners and Alex Randall and Katie Murphy of Goodwin Procter LLP represented the building owners, CV Properties LLC and Bentall Kennedy, in the the transaction. Rob Griffin, Dave Martel and Gil Dailey of Cushman & Wakefield and Paul Jakubowski and Kevin Bernier of WilmerHale LLP represented the tenant. CV Properties and Bentall Kennedy acquired the property from Verizon Communications Inc., which previously occupied the space, in 2008.

AMHERST, N.Y. — Locally based Zaepfel Development is constructing a 97,000-square-foot build-to-suit facility for PHH Mortgage Corp in Amherst. The new office building, which is located at 1760 Wehrle Drive, will feature an open floor plan design and have the capacity for up to 800 employees. PHH Mortgage will move from its current location in Depew, N.Y. to the new facility later this year when construction is completed. Louis Battagliese and John Morrissey of Philadelphia-based Jackson Cross Partners LLC, along with David Schiller of Buffalo, N.Y.-based Pyramid Brokerage, represented PHH. Terms of the deal were not disclosed.