June 22, 2018
Toronto-based Oxford Properties received a lease commitment from online furniture retailer Wayfair Inc. for 395,000 square feet at 500 Boylston St. and 222 Berkeley St., a pair of adjoining towers in Boston’s Back Bay. The deal would rank as the market’s second largest so far this year, behind Amazon’s 430,000-square-foot office lease in Boston’s Seaport District.
Wayfair plans to house up to 4,000 employees at the location, with occupancy set to commence early next year at the 25-story 706,862-square-foot Back Bay complex. The property includes 641,503 square feet of office space, 65,359 square feet of retail space and a shared 1,000-car parking facility.
Wayfair’s lease boosts its Boston footprint to more than one million square feet. The retailer also leases 655,233 square feet at its headquarters facility at One and Two Copley Place.
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