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Boston-based Berkeley Investments has picked JLL as office leasing broker for its 300,000-square-foot Exchange 200 project in Malden Center.
Berkeley Investments acquired the former Bank of America data center in 2016 for $21.7 million. It will be redeveloped with over 200,000 square feet of creative office space, a data center and ground-floor retail and restaurants.
“With large, flexible floor plates and dynamic new design features, Exchange 200 can accommodate a variety of users including medical, R&D, flex and traditional office tenants,” Carolyn Zern, vice president of development at Berkeley Investments, said in a statement. “The property’s combination of features, from high ceilings and redundant power to significant loading capacity, makes it a truly unique property in the Boston market and we are excited to show tenants all that this opportunity can offer.”
Berkeley is testing the demand for class A office space along the MBTA Orange Line north corridor. The property is located across from the Malden Center station, one stop past Assembly Row which has attracted new headquarters for Partners HealthCare and PUMA.
The JLL team on the 200 Exchange assignment is comprised of Managing Director Molly Heath, Managing Director Pete Bekarian, Executive Vice President Kelly Lockberg and Executive Vice President Chris Decembrele. JLL Managing Director Gabe Cole is the data center broker on the project.
