Home > Press Releases > Simon Property Group, Inc. Retains RBJ As Exclusive Leasing Agent For The Offices At Copley Place

Simon Property Group, Inc. Retains RBJ As Exclusive Leasing Agent For The Offices At Copley Place

October 18, 2012 Leave a comment Go to comments

BOSTON – October 18, 2012 – Richards Barry Joyce & Partners, LLC (RBJ&P), a full-service commercial real estate advisory firm, announced today that it has been engaged by Simon Property Group, Inc. (NYSE: SPG) as the exclusive leasing agent for the Offices at Copley Place in Boston’s Back Bay.

“RBJ brings a depth of knowledge about the market and tenant requirements that we feel makes them an excellent choice to handle this assignment,” said Brian Jenkins, Regional Vice President New England, Simon Property Group, Inc.  “The firm utilizes a teamwork approach that positions them well to market this exceptional complex.”

Copley Place, a world-class, mixed-use complex, offers approximately 845,000 square feet of Class A office space in one of Boston’s best known locations.  Copley Place’s office space is contained in four towers, each featuring an individual elevator core.  Onsite amenities are unparalleled in the city:  with 75 retail shops, two large convention hotels, and 1500 parking spaces.  More than 40 restaurants are either onsite or nearby.

Tenants of Copley Place have excellent options for accessing the complex.  The site is immediately adjacent to the MBTA Orange and Green Lines and the regional commuter rail at Back Bay Station.  The project is conveniently located at the Exit 20 interchange of the Mass Pike (I-90).

“Copley Place is one of the most well known locations in Boston and is a destination in and of itself for both locals and visitors to the city,” said John Barry, partner, Richards Barry Joyce & Partners.  “We are looking forward to working closely with Simon Property Group on representing one of the region’s most established, true mixed use complexes.  The Back Bay area remains one of the region’s strongest office markets, sought after by companies in a wide variety of industries.”

The Richards Barry Joyce & Partners team assigned to the project includes John Barry, Michael Joyce, Thomas Ashe and Abby Callahan.

About the Market – Boston’s Back Bay Office
According to research by RBJ&P, Boston’s Back Bay submarket consists of 13,265,000 square feet of office space and was 6.2% vacant, as of the quarter ended September 30, 2012. (source: Richards Barry Joyce & Partners’ “officeSTATus – Fall 2012”)

About Simon Property Group, Inc.
Simon Property Group, Inc. (NYSE:SPG) is an S&P 100 company and the largest real estate company in the world.  The Company currently owns or has an interest in 332 retail real estate properties in North America and Asia comprising 241 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S.  For more information, visit the Simon Property Group website at www.simon.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services.  For more information, please visit our website at www.rbjrealestate.com. Follow us on Twitter at @RBJ_Partners.

 

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