Office Market Undergoes Mix Of Change and the Status Quo
Investors Bank and Trust, Forrester Staying Put; Two Tenants Relocating From Hub’s Downtown
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| Although it will be occupying one fewer floor, Forrester Research has decided to remain at 400 Technology Square in Cambridge. |
By Joe Clements
As the local office market moves into the second quarter, some things are changing and others will remain the same, with Forrester Research opting to renew for five years at Technology Square in Cambridge while two well-known tenants appear on the march from their longtime homes in downtown Boston. UBS Financial Services is forsaking its namesake tower at 265 Franklin St. for nearby One Post Office Square, according to sources, whereas architectural firm Shepley Bulfinch Richardson & Abbott is reportedly leaving 40 Broad St. for the Hub’s burgeoning Seaport District.
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