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Värde Partners and Hawkins Way Capital have purchased the Sheraton Boston Hotel in the Back Bay neighborhood of downtown Boston, MA from Host Hotels & Resor.

CBT Inks 40K-SF HQ Lease in Charlestown

International planning and design firm CBT has signed a lease spanning 40,000 square feet of indoor space and 10,000 square feet of outdoor space in Charlestown at One Constitution Wharf. The space will be used for the firm’s new headquarters.

In addition to addressing workplace needs, CBT will utilize One Constitution Wharf as a working laboratory, design workshop, and space for co-creation. The new headquarters will include an expanded maker space, photo and video studio, and areas for industry collaboration and innovation. The office’s proximity to the Harbor will also enable the firm to study interactions between the built environment and the tides.

“Moving to our new headquarters will allow us to push the next generation of our office and the way we do our work. It will afford CBT a way to experiment for the future, explore dynamic ways of communicating with our clients, and totally rethink the way we practice,” said David Nagahiro, principal and president at CBT. “We will be advancing our creative practice and how we design; it’s a very different day than it was before. The pandemic ended up being a catalyst for the way that our firm works, and this move is a way for us to rethink everything.”

CBT has entered a four-year sublease with the opportunity to renew and will move into the space in the first quarter of 2022. Colliers served as the broker for the transaction.


Inside The Story


About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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