Boston Herald will move headquarters to Seaport District
The Boston Herald today announced plans to relocate its editorial and business headquarters to the city’s booming Seaport District early next year.
“It was very important to me that the Herald continue to make its home in the city of Boston,” Herald Media president and publisher Patrick J. Purcell said. “The Seaport area is bustling with energy and I imagine the Herald will fit in very well there — and quickly add to the spirit of the neighborhood.”
The Herald, which will be moving its headquarters after more than 50 years at the corner of Herald Street and Harrison Avenue in the South End, has signed a 10-year lease for new office space at the Seaport Center at 451 D St.
“The move from the Herald’s home in the South End for the last 53 years is somewhat bittersweet, but the amenities and efficiencies we’ll enjoy at the Seaport Center will be substantial,” said Purcell.
The Center was acquired by the Beal Cos. and Rockpoint Group in April 2006. The nine-story, 460,000-square-foot complex is also home to Hub offices of JP Morgan Chase, Verizon and job-search Web site Monster.
“The Beal Cos. is thrilled to have the Boston Herald join us at Seaport Center,” said Steve Faber, senior vice president at the Beal Cos. “We think it’s not only great for the building, but great for the Seaport District as a whole and further demonstrates the potential for the area.”
The Herald will be leasing 51,000 square feet — the west half of the building’s fifth and sixth floors — bringing the Seaport Center’s occupancy up to 92 percent.
Michael Joyce, a partner at Richards Barry Joyce & Partners, and Eric Smith, senior vice president, brokered the deal for Herald Media.
“The Seaport District has made a lot of progress in the past year,” said Joyce. “Tenants are coming back to the city of Boston. I think the Herald is a great addition there. When others see companies like the Herald moving there, values are going to pop.”
Amenities at the building, which is close to the Boston Convention and Exhibition Center and the Hub’s newly dubbed Innovation District, include a deli/restaurant, a fitness center, a conference center, a commissary and a private shuttle service from North and South stations.
The Herald’s current six-acre headquarters in the South End has been slated for redevelopment.