Avison Young brokers 10,900 sf lease renewal on behalf of the ownership of 85 Merrimac St, Boston

PRLog (Press Release) - Feb. 4, 2013 - Boston, MA – Avison Young, North America’s fastest growing commercial real estate services company, has successfully brokered a 10,900 square foot lease renewal at 85 Merrimac Street, Boston, MA. Avison Young broker Karyn McFarland represented the landlord, Massey & Company. Larry Epstein, Senior Vice President from Colliers, represented the tenant, Smart Destinations.

Smart Destinations, one of the top 100 fastest growing small businesses in the US, provides multi-attraction passes that maximize the fun, savings and convenience of sightseeing with flexible purchase options for every type of traveler. They provide admission to more than 400 attractions across nine North American destinations, including New York, Orlando, Oahu, San Diego, Chicago, Los Angeles, Miami, San Francisco and Boston.

“We were pleased to work closely with the building ownership to create the best environment for Smart Destinations,” said McFarland.

“85 Merrimac is a very convenient location for our employees, and it has been a great building to be in as we’ve continued to grow our company.  We look forward to spending the next several years here.” said Smart Destinations’ CFO Rob Cartwright.

85 Merrimac Street is a fully leased, 34,377 square foot, five-story, class B office building with street level retail located in Boston’s North Station submarket. North Station is undergoing significant transformations and is one of the hottest real estate markets in Boston.

About Avison Young

Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principal-managed commercial real estate brokerage firm in North America. Comprising more than 1,100 real estate professionals in 43 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.