BOSTON – TBD, 2020 – CBRE announced that it has arranged eight new office leases and one expansion for LifeStance Health, Inc., a national outpatient behavioral health company, across the Greater Boston area. CBRE’s Emmett Purcell and SVN’s Alex Berger represented LifeStance Health in the transactions totaling 34,764 sq. ft.
“The expansion of LifeStance to new offices across Massachusetts has been welcomed by landlords during a time of slowed office demand. It has been a pleasure working with LifeStance to help broaden their network to provide needed clinical services to our communities,” said Alex Berger, Senior Advisor, SVN | Parsons Commercial Group | Boston.
The leases include:
● 5,298 rentable sq. ft. at 6 Kimball Lane Lynnfield, MA
● 4,116 rentable sq. ft. 11 Midstate Drive Auburn, MA
● 4,142 rentable sq. ft. at 800 Turnpike Street North Andover, MA
● 4,678 rentable sq. ft. at 200 Baker Avenue Concord, MA
● 4,000 rentable sq. ft. at 120 Boston Road Groton, MA
● 4,010 rentable sq. ft. at 25 Birch Street Milford, MA
● 3,200 rentable sq. ft. at 4 Collins Avenue Plymouth, MA
● 5,320 rentable sq. ft. at 101 Accord Park Drive Norwell, MA
“We’ve enjoyed working with CBRE and SVN on our office growth in Massachusetts. As patients continue to seek help for their behavioral health needs, both online and in-person, CBRE and SVN have been great partners in fullilling our mission of expanding patient accesss to outpatient behavioral health services throughout the region,” said Danish Qureshi, Chief Growth Officer, LifeStance Health, Inc.
About LifeStance Health, Inc.
LifeStance Health is the national leader in outpatient behavioral health services, offering psychiatry, psychology and therapy services through its team of 2,300+ physicians, psychologists and licensed therapists. The company operates over 225+ clinical offices nationwide across 18 states, providing clinicial services both in-person and via telemedicine.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.