Kids & Company Opens Day Care Facility in Boston's Seaport
| November 14, 2016
Leading child care company signs on at 451 D Street
Boston – November 14, 2016 – CBRE/New England today announced that Kids & Company, a leading provider of corporate-sponsored child care, has signed a 16-year, 20,247 SF deal to open a childcare facility at 451 D Street in Boston's Seaport District with licensed spots for 200 children and equipped with a dedicated outdoor play area. Kids & Company, a Canadian-owned and operated company provides high-quality child care and educational learning experiences for children from infancy to 12 years of age. Their innovative model and flexible programs provide full-time, part-time or back-up child care for corporate employees and their participating communities. Exclusive to tenants at 451 D Street, Kids & Company will guarantee placement for employees' children and waive the registration fees. The child care center will open summer 2017.
Avison Young's Justin Dziama and Karyn McFarland represented Kids & Company in the transaction. The building is owned in a joint venture between Meritage Properties and Commonwealth Ventures.
“We are thrilled to add Kids & Company to the dynamic roster of tenants at 451D Street,” said Erin Shaw, Managing Director at Meritage Properties. ”On-site childcare will be a terrific amenity for the building as well as the greater Seaport community.”
Victoria Sopik, CEO and Co-founder of Kids & Company added, “Many families are struggling to balance work and life, and we are delighted to provide quality care to families in the Seaport area. Our model provides peace-of-mind to parents knowing their children are in a safe and educational environment, equipped with webcams and no pressure of late fees.”
451 D Street offers a brand-new 3,000 square foot Wi-Fi-enabled tenant amenity center featuring a lounge area, kitchen, games and conference center. The refreshed on-site café offers breakfast and lunch daily, in addition to Fooda and Peach food services. The site also offers a fitness center with towel service, on-site parking, enclosed bike storage, and shuttle service to North and South Stations. The recently renovated lobby provides a vibrant entrance with ease of access to the various amenity offerings.
About CBRE/New England CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (in terms of 2015 revenue). The company has approximately 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.