The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Boston Asset Manager Puts Office Space on the Market Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 18, 2009

A Boston Asset Manager Puts Office Space on the Market

by: Meredith Mazzilli

Wellington Management has reportedly put 134,000 square feet of prime office space in Boston's financial district on the sublease market. That's the first major block of sublease office space to come on the downtown market this year, reported the Boston Business Journal.

Wellington, whose headquarters are on 75 State Street, has listed office space at 100 Federal Street for sublease, according to the report, citing unnamed real estate executives. The investment manager reportedly listed the space, on the 20th through 22th floors of the building, for about a month now.

Wellington spokesperson Lisa Finkle declined to comment to The MFWire on the reason behind the listing.

Word of the listing comes on the heels of reports at the start of the month that the Massachusetts Pension Reserve Investment Management board ended its contract with Wellington, which had managed a $163 million REIT.

Last December, Wellington laid off an undisclosed number of employees amid the market downturn (see The MFWire, 12/03/08).  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use