US Realty Advisors Secures Boston-Area HQ Lease
Advisor360° has signed a six-year lease with owner U.S. Realty Advisors to complete its corporate headquarters relocation to Needham, Mass.
The technology solutions provider for wealth management firms will occupy 83,516 square feet across two floors of the six-floor Class A building on 400 First Ave. Christopher Decembrele of JLL Boston brokered the lease.
“Our move to Needham provides the Advisor360° team with room to grow and innovate in a welcoming and modern space that invites collaboration,” Advisor360° CEO Mike Fanning told Commercial Property Executive.
Advisor360° employs 500 people, and 60 percent of its workforce will be in the new headquarters, which features six passenger elevators.
The property, built in 2015, is LEED Platinum certified. TripAdvisor’s corporate headquarters is also in the building.
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Employees can access elevated terraces, a 3,000-square-foot fitness center featuring Matrix and TechnoGym equipment, a 2,500-square-foot game room and an on-site pub.
This move marks another step in Advisor360°’s strategic expansion. In March, the company launched Tandem, its first cloud-based CRM designed for independent registered investment advisors. Earlier in January, it acquired Parrot AI, a Boston-based tech firm specializing in generative AI solutions for advisors.
More HQ relocations
Investment giant T. Rowe Price has recently opened its new 550,000-square-foot headquarters at 1307 Point St. in Baltimore’s Harbor Point waterfront district. The building also includes about 60,000 of retail space on the ground floor.
T. Rowe Price plans to complete its relocation in the next few weeks. In total, about 2,000 company employees will work in the building. Beatty Development Group worked in partnership with Armada Hoffler Properties to develop the property. The project is part of the third phase within the 27-acre Harbor Point mixed-use development. This component will also include more than 500 residential units, approximately 60,000 square feet of retail and a 159-key extended-stay hotel.
In February, the holding company for First National Bank, F.N.B. Corp., opened its new headquarters in the Lower Hill District of downtown Pittsburgh. The 26-story tower has 469,000 square feet of space on 7 acres. The Buccini Pollin Group led the building’s development, with design by Gensler.
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