City Realty Group Hosts Ribbon-Cutting for Quincy Development

At the ribbon-cutting ceremony (l-r): Tim Cahill; Stephen Whalen; Thomas Koch; Sean Rose, City Realty Group acquisitions director; Dave Fisher, City Realty Group senior property manager; and Jacob Simmons, City Realty Group VP of project management / Photo by Lisa Aimola

Quincy, MA – City Realty Group (CRG) announced it hosted a ribbon-cutting and led tours of its recently renovated commercial building at 1515 Hancock Street, located in the heart of Quincy Center.

CRG acquired the 132,0000sf, Class A office building in 2021. Since then, CRG has performed renovations and improvements, including a revitalized lobby with stadium seating and spacious common areas for tenants and visitors. The ribbon-cutting ceremony was attended by Quincy Mayor Thomas Koch, Quincy Chamber of Commerce President and Executive Director Tim Cahill, and several building tenants. The event was catered by one of the new tenants, Magic Bowl.

“We came in and did an extensive renovation to frame the building into a more modern context. That led to our tenants being very appreciative and new tenants starting to come to us, and we started to sign up a lot of new leases,” explained CRG Managing Partner Stephen Whalen. “We’re 80% leased and will be 100% soon. That’s not the story for a lot of these types of buildings in Massachusetts or the United States right now.”

Hancock Center (1515 Hancock St.) is a 4-story atrium building featuring street frontage on three sides, providing views, natural light throughout and outdoor patio space to select offices. Anchored by long term tenants such as the Social Security Administration and MassHire Quincy Career Center, CRG intends to make the reimagined commercial building a cornerstone of the revitalization of Quincy Center.

“Stephen and the City Realty Group have a great vision for this building, and I welcome the investment and reinvestment in Quincy Center,” said Koch. “We moved into a difficult period in Quincy Center for a long time, but through the investment by Stephen and so many others around him, Quincy Center is back.”

“Thank you all for inviting us into the city. We feel a part of it now. Our nonprofit, City Kids, is looking to do more in the city,” Whalen told guests at the event. “If you have programs that are focused on kids and learning please get in touch with us. We’d love to pick that up because we feel when we do business, we want to give back. That’s part of how we approach life and business.”