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Avison Young arranges relocation and expansion for GreenSight

Avison Young arranges relocation and expansion for GreenSight November 14, 2023

The company grows into 14,000-sf at The Schrafft Center in Charlestown

Boston, MA – Avison Young has arranged a new lease at Schrafft Center, 529 Main Street, in Charlestown, Boston, MA on behalf of GreenSight, a prominent artificial intelligence platform provider, at The Schrafft Center in Charlestown, MA. GreenSight will be relocating to a spacious 14,000-square-foot (sf) office space, upgrading from their current 10,000-sf location at 12 Channel Street in Boston’s Seaport neighborhood. This strategic move aligns with GreenSight's rapid growth trajectory and their aspiration for superior space within an amenity-rich environment.

Kirk Weller and Jeffrey Gates, both located in Avison Young’s Boston office, represented GreenSight.

“GreenSight's primary objective was to secure a more spacious and efficient space in an amenity-rich building," said Weller. "We are thrilled that The Schrafft Center emerged as the optimal choice, enabling GreenSight to attract new employees, while also ensuring an attractive experience for visiting clients."

The property is formerly the site of Schrafft’s Candy Factory and was renovated by The Flatley Company in 1984. Amenities include access to shuttle services, a gym, cafeteria, coffee bars, childcare, and is centrally-located for commuters – among other amenities. Trophy properties continue to post the highest average lease term, according to Avison Young’s Q3 2023 Boston Office Market report.

“The space radically improved how we operate and work together as a team while also enhancing and impressing our partners and customers,” said Joel Pedlikin, Chief Operating Officer and Co-Founder, GreenSight.

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.

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Nathan Reyna, Regional Media Relations & Content Specialist, Northeast/Central: +1.917.877.1697