Cresa Represents Pearl Meyer & Partners in 13,000 SF Office Relocation in Wellesley, Mass.

John Coakley and Dave Ross of Cresa Boston recently represented Pearl Meyer & Partners in a 13,000-square-foot office relocation to 93 Worcester Road in Wellesley, Mass.

Pearl Meyer & Partners, founded in 1990, is an independent compensation consultancy firm with eight locations in the United States and one in London. The firm previously occupied 25,000 square feet at 132 Turnpike Road in Southborough, Mass. According to the firm, the decision to right-size and relocate resulted from the need for a more efficient footprint in a Boston-area location closer to the homes of present and future employees.

Amy Braun and Barry Dube from Cresa’s Project Management Group oversaw the buildout of the new space.

The landlord, Commonwealth Partners, was represented by Transwestern RBJ.

According to Coakley, the client’s desired location—near the intersection of the Mass Pike and Route 128—presented a challenge as there is a great demand in that area for Class-A office space and only a few options. He says that Cresa found two potential sites and was able to favorable terms for Pearl Meyers & Partners.

The company will occupy a portion of the four-story, 270,000-square-foot, Class A office space, where employees can enjoy amenities such as a cafeteria and fitness center.

Cresa LLC, the world’s largest corporate real estate advisory firm exclusively representing tenants/occupiers, is headquartered in Boston.

Cresa, based in Boston, is the world’s largest corporate real estate advisory firm that exclusively represents tenants and occupiers, serving more than 60 markets in North America as well as more than 75 markets worldwide. Cresa specializes in the delivery of conflict-free, integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Corporate Solutions, Site Selection, Lease Administration, Capital Markets, Mission-Critical Solutions, Relocation Management, and Facilities Management. For more information, visit www.cresa.com.