Cambridge (December 10, 2015) – CBRE/New England announced Briar Group leased 6,117 square feet at 450 Kendall Street in the Kendall Square innovation cluster of Cambridge, Massachusetts, which is owned and managed by BioMed Realty Trust, Inc. Briar Group, one of Boston's best-known restaurant groups, procured the space for a new dining and public collaboration concept, which is slated to be named and opened in spring 2016.
“The new concept is a great addition to the eclectic mix of residential and office in Kendall Square,” stated CBRE/NE's Jeff Arsenault. “With high day and evening populations, the restaurant certainly has the opportunity to pull in big crowds.”
CBRE/NE's Jeff Arsenault represented the owner, BioMed Realty and procured the tenant, Briar Group, in the transaction.
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 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) 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.