Global 100 Law Firm Goodwin Procter Finalizes Lease to Relocate Boston Offices to High Rise on Boston’s Fan Pier

  Global 100 Law Firm Goodwin Procter Finalizes Lease to Relocate Boston
  Offices to High Rise on Boston’s Fan Pier

 The Fallon Company attracts award-winning law firm to Fan Pier with 17-story
  build-to-suit commercial tower featuring 360,000 square feet of commercial
                         space on Boston’s Waterfront

Business Wire

BOSTON -- November 19, 2013

The Fallon Company today announced it has finalized a lease agreement with
leading Global 100 law firm, Goodwin Procter LLP, to move its Boston offices
to a new high rise tower at Fan Pier, one of the country’s largest mixed-use
development sites, spanning 21 acres and nine city blocks directly overlooking
Boston’s working harbor.

Courtesy BBG-BBGM 2013

Courtesy BBG-BBGM 2013

The law firm will occupy all of the commercial space in a 500,000 square foot,
17-story, build-to-suit tower, bringing more than 800 attorneys and
professional staff to Fan Pier. Construction is expected to begin in early
2014, with anticipated completion in Spring of 2016.

Located adjacent to Boston’s prestigious Institute of Contemporary Art and
overlooking the Public Green and six-acre marina at Fan Pier, the commercial
building will offer ground-floor retail and cultural space, and convenient
access to public transportation, including South Station, a water taxi to
Boston’s Logan Airport and the Financial District, Hubway bikes onsite and
easy access to several highway exchanges, as well as a myriad of dining and
shopping options. The internationally recognized architecture and design firm,
Brennan Beer Gorman/Architects, out of New York, is the architect behind the

Construction of the tower that will house Goodwin Procter will be part of The
Fallon Company’s next wave of development on Fan Pier, along with the site’s
first residential project, Twenty Two Liberty – a 14-story luxury residential
tower offering 270-degree vistas of Boston’s cityscape and harbor. Once
complete, the residences will offer the very best of luxury living in one of
the city’s most dynamic urban neighborhoods, offset by green space and an
unparalleled waterfront setting.

Goodwin Procter LLP is a leading law firm, with offices in Boston, Hong Kong,
London, Los Angeles, New York, San Francisco, Silicon Valley and Washington,
D.C. The firm provides corporate law and litigation services, with a focus on
matters involving real estate, REITs and real estate capital markets; private
equity; technology and life sciences companies; financial services;
intellectual property; products liability and mass torts; and securities
litigation and white collar defense. The firm, which was founded in Boston,
celebrated its 100^th anniversary last year.

“As Goodwin Procter begins its second century, it’s fitting that we move
forward with ‘a home to call our own’ in the firm’s founding city,” said firm
Chairman Regina M. Pisa. “Our talented and dedicated attorneys and
professional staff look forward to joining the many current and prospective
clients in the rapidly growing Waterfront neighborhood.”

Joe Fallon, President and CEO of the Fallon Company, said the agreement with
Goodwin Procter represents another major milestone for the development.

“As we enter the next development phase for Fan Pier, Goodwin Procter’s
build-to-suit high rise will help set the tone for the future of the site,”
said Fallon. “As a company, our first goal is to make sure our developments
complement the surrounding neighborhood, and Goodwin’s reputation and
expertise across all sectors of the law, including technology, life sciences
and intellectual property, make it a perfect fit alongside other best-in-class
businesses on Boston’s waterfront.”

With plans for the build-to-suit tower for Goodwin Procter underway, the site,
which is a joint venture of the Fallon Company and Mass Mutual, currently
features five high rise structures either completed or currently under
development, including: One Marina Park Drive, the first commercial building
on the site, which The Fallon Company completed in 2010; the two towers that
will house the global headquarters of Vertex Pharmaceuticals – Fifty Northern
Avenue and Eleven Fan Pier Boulevard – which are nearing completion; and
Twenty Two Liberty, which broke ground in October. When complete, the Fan Pier
neighborhood will feature a total of eight contemporary commercial and
residential luxury high rises, offering sweeping views and the best in dining,
shopping and recreation on Boston’s historic harbor.

In addition to Goodwin Procter, The Fallon Company earlier this year finalized
lease agreements with additional commercial tenants, including a pair of
venture capital firms. Battery Ventures signed a seven-year lease to occupy
28,000 square-feet of commercial space, while Polaris Partners recently
finalized plans to move its corporate headquarters to 16,000 square feet of
space starting in early 2014.

About The Fallon Company

The Fallon Company has an unmatched reputation in Boston for undertaking and
executing the most challenging and complex real estate development projects,
and perfectly positioning them for optimal current and future use. Founded by
Joe Fallon in 1993, the firm has consistently achieved success through the
exceptional experience and dedication of its team and its visionary
leadership. The company has developed billions of dollars in commercial real
estate, and is currently developing Boston’s Fan Pier, a 21-acre property
spanning nine city blocks and permitted for three million square feet of
mixed-use office, residential and retail space. Additional Fallon Company
projects include The Westin Boston Waterfront Hotel, Park Lane Seaport, ONE
Marina Park Drive, Fifty Northern Avenue and Eleven Fan Pier Boulevard.

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