Cengage Learning leases space at Channel Center

Cengage Learning has leased about 100,000 square feet of office space at Channel Center in the South Boston seaport district, Commonwealth Ventures LLC, one of Channel Center's owners, said today.

According to its website, Cengage Learning is headquartered in Connecticut, and it specializes in providing instructional and reference materials, both in print and in digital form, to the academic, professional, and library markets.

Cengage Learning will occupy the top three floors of 10-20 Channel Center, two historic brick-and-beam buildings with about 248,000 square feet of renovated office and retail space, Commonwealth Ventures said.

With offices in Boston, Commonwealth Ventures is a developer and manager of real estate projects in New England.

In the lease transaction, the local office of CB Richard Ellis Group Inc., a Los Angeles company that provides commercial real estate services, represented the owners of Channel Center, a mixed-use development consisting of 1.1 million square feet of office, residential, commercial, and retail space.

Channel Center is owned by Channel Center Holdings VAF, LLC, a joint venture of an affiliate of Commonwealth Ventures and GEAM Value Add Realty Partners, as advised by GE Asset Management, exclusive real estate advisor to the General Electric Pension Trust.
(By Chris Reidy, Globe staff)