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International Pl

McCarter & English Signs 11-Year Lease At One International Place For 47,466 Square Feet
LEASEDOffice

McCarter & English Signs 11-Year Lease At One International Place For 47,466 Square Feet

International Pl

Building Size

47,466 SF

Asset Type

Office

Closing

Apr 23, 2026

AI

One International Place is an office asset located in Boston, MA, with a total square footage of 47,466. The property is part of a significant repositioning effort, with a notable investment of $100 million dedicated to enhancing its facilities.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: One International Place, Boston, MA
  • Landlord: Donald Chiofaro - The Chiofaro Company & Jacques Chappuis - PGIM
  • Tenant: Joseph T. Boccassini - McCarter & English
  • Broker Representatives: Debra Gould & Alison Cavanaugh - Newmark
  • Lease Term: 11 years
  • Current Tenant Location: 265 Franklin Street
  • Relocation Date: May 2027

This lease agreement marks a strategic move for McCarter & English as they transition from their previous location. The involvement of Donald Chiofaro and Jacques Chappuis as landlords highlights the collaborative effort behind the property's repositioning, while the representation of Debra Gould and Alison Cavanaugh from Newmark signifies the brokerage's role in facilitating the lease terms.

Players

Debra Gould

Newmark

Broker

$614M

vol

4 deals

Broker

Jacques Chappuis

PGIM

Landlord

$3B

vol

15 deals

Landlord
ME
McCarter & EnglishTenant

Boston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93