Bulfinch Appoints Jones Lang LaSalle Exclusive Leasing Agent for New Charles Place Development in Harvard Square

Boston, MA – The Bulfinch Companies, Inc., a Needham-based real estate investment and development firm, today announced that it has appointed Jones Lang LaSalle as the exclusive leasing agent in connection with the development of Charles Place, 114-116 Mount Auburn Street, Cambridge, a new 70,000 square foot first class office and retail building in the heart of Harvard Square.

Boston, MA – The Bulfinch Companies, Inc., a Needham-based real estate investment
and development firm, today announced that it has appointed Jones Lang LaSalle as the exclusive
leasing agent in connection with the development of Charles Place, 114-116 Mount Auburn Street,
Cambridge, a new 70,000 square foot first class office and retail building in the heart of Harvard
Square.
The development of Charles Place, a seven story LEED Certified Gold project, represents the first
new office construction in Harvard Square in the past 20 years. Bulfinch has developed nearly 1
million square feet in Cambridge over the past several years and owns and manages several
additional office and retail properties in Harvard Square, including Mount Auburn Place, located at
125 Mount Auburn Street which is leased to Harvard Law School and the US Postal Service. Bulfinch
is currently under construction on additional development in Cambridge, namely Forrester Research’s
200,000-square-foot world headquarters at Cambridge Discovery Park.
The design concept for Charles Place, established by David Manfredi of Elkus Manferdi Architects,
maximizes retail frontage along Mount Auburn Street. The new building will span over the existing
MBTA substation, incorporating that structure into the overall structure. The exterior, derived from the
context of Harvard Square, will be comprised of Harvard water-struck brick, a continuous granite base
at the sidewalk, cast stone window surrounds with white aluminum frames and sheet metal copper
siding.
At the base of the building along Mount Auburn Street, distinguishing two-story high bays are in-filled
with clear finish mahogany fronts to enhance the retail presence. The entire façade along Mount
Auburn Street up to the seventh floor is clad in cast stone to set the elevation apart from the mass of
the building. These distinguishing features create a unique and eclectic building design.
Charles Place is adjacent to The Charles Hotel, and as such, tenants of the new building will have
access to the catering services, conference rooms, business center, and parking garage of the Hotel.
In addition, Charles Place is located near numerous retail and restaurant services, universities, public
transportation, Memorial Drive, the Mass Pike and Storrow Drive.
“We are very excited to be part of this landmark project,” said Jones Lang LaSalle Senior Vice
President Peter Bekarian. “Whenever you can talk about delivering a new building to a market like
Harvard Square it’s special. This represents an extraordinary opportunity for companies that have
interest in a world recognized address.”
Jones Lang LaSalle at Charles Place Cambridge – Page 2
Joining Peter on the leasing team is Jones Lang LaSalle’s Senior Vice President John Osten, and
Associates Molly Heath and Emilie Gullans. Bulfinch’s development team includes: Elkus Manfredi
Architects, and John Moriarty & Associates, Inc.
Bulfinch CEO Eric Schlager stated: “We look forward to working with the Jones Lang LaSalle team to
achieve 100 percent occupancy at Charles Place. The design of this new building, in connection with
a LEED Certified Gold designation, is a unique combination of classic Harvard Square architecture
and environmentally-forward construction that users will find highly desirable.”
About The Bulfinch Companies, Inc.
Bulfinch is an entrepreneurial, value-added real estate investment firm specializing in the
development, acquisition, management, and repositioning of commercial properties in greater Boston.
Since its inception in 1936, Bulfinch has developed, acquired and repositioned in excess of $1 Billion
in commercial real estate. For further information, please visit www.bulfinch.com