Two Financial Center gets major tenant

October 1, 2008 01:05 PM E-mail| |Comments ()| Text size +

The national accounting firm KPMG has signed a lease for 115,000 square feet at Two Financial Center, an office tower under development near South Station in downtown Boston.

KPMG will serve as the anchor tenant for the property, and said it will move 690 employees into the building in June 2010. Two Financial Center is being developed by a joint venture between Lincoln Property Company and ASB Capital Management.

“KPMG has deep roots in this market and we want to continue to grow with the city. We considered other options and our investment in Two Financial Center demonstrates our commitment to the city of Boston,” Bud LaCava, KPMG’s managing partner in Boston, said in a statement today.

Two Financial is the first new office building constructed in the Financial District since 2003. The lease is considered a significant boost for the property, especially as the shutdown in the nation's credit markets threatens to stifle major development in the city.
(By Casey Ross, Globe staff)

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