Avison Young brokers lease on behalf of Columbia Laboratories at 4 Liberty Square, Boston, MA

BOSTON - March 28, 2013 - PRLog -- Boston, MA - Avison Young, North America’s fastest growing commercial real estate services company, has successfully brokered a 3,309 square foot lease at 4 Liberty Square, Boston, MA.  Avison Young Principal Karyn McFarland and Vice President Matt Twombly represented the tenant, Columbia Laboratories, Inc. . David Cooney, Vice President at NAI Hunneman, represented the landlord, Liberty Square Holdings, LLC.

Columbia Laboratories is a Nasdaq-listed specialty pharmaceutical company with a successful history of developing drugs for women’s healthcare indications.  Each product uses Columbia’s novel bioadhesive delivery system to achieve controlled, sustained delivery of the active drug compound.  The company’s most successful product to-date, CRINONE® 8% (progesterone gel), is marketed for use in infertility treatments by Actavis, Inc.  in the United States and by Merck Serono S.A. in over 60 foreign countries.

“We are pleased to have secured 4 Liberty Square for Columbia’s new corporate headquarters.  We expect to transition to Boston over the coming months as we build our team there from among Boston’s great entrepreneurial talent pool,” said Frank Condella, Columbia's president and chief executive officer of Columbia Laboratories.

 4 Liberty Square is a seven-story, 25,818 sf office building located in Boston’s Financial District.

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 1,200 real estate professionals in 44 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.