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Credit: Andy Caulfield
Seattle-based Slalom Inc. will consolidate its Boston office space with a 30,075-square-foot lease at 399 Boylston St.
The business and tech consulting firm will relocate from 181 Newbury St. and 312 Stuart St. in July. Slalom has 25 offices in North America and the United Kingdom.
Newmark Knight Frank’s Jason Cameron, Jim Brady and Daniel Levine represented Slalom in its lease negotiations with owner Blackstone Group.
The transaction is part of a strong rebound in Back Bay office leasing activity.
Back Bay led all Boston submarkets with 353,000 square feet of positive absorption during the first quarter, according to a report this week by Colliers International Boston. That accounted for more than half of all absorption in the city, and brought the 13.3-million-square-foot Back Bay submarket’s vacancy rate down to 9.6 percent.
Back Bay had Boston’s highest availability rate of 14.8 percent in late 2016 as large tenants such as Wells Fargo, Houghton Mifflin Harcourt and Partners Healthcare shifted offices to downtown and Somerville’s Assembly Row.
