Chiofaro Company Leased 500,000 Square Feet in Boston
International Place secured dozens of new office agreements as part of a major property upgrade.
Updated on Oct. 1, 2026 in Commercial
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The Chiofaro Company has leased 500,000 square feet of office space at International Place in Boston over the past 12 months. This leasing activity includes 32 separate deals with a weighted average term exceeding 10 years.
Why it matters
Companies are increasingly prioritizing high-quality, amenity-rich office environments to support productivity and talent retention efforts. This trend aligns with firms responding to structured in-office attendance policies by securing modernized workspace.
International Place spans 1.8 million square feet across two towers, with recent tenants including TD Bank US and KKR. The building features the 23,000-square-foot Aries Club amenity center.
The players
The Chiofaro Company
This real estate firm manages and operates major commercial properties in the Boston area.
International Place
This two-tower office complex is a prominent feature of the downtown Boston skyline.
The details
The leasing surge included 250,000 square feet of expansion space taken by existing tenants. These deals are supported by a $100 million modernization project that introduced upgraded technology, renovated lobbies, and hospitality-focused amenity spaces.
Timeline
The Chiofaro Company signed 500,000 square feet in leases during the past 12 months.
The $100 million property reinvestment project is expected to be completed in fall 2026.
Culture Shift
The property upgrade reflects a broader industry movement where landlords prioritize hospitality-driven experiences to combat remote work trends. By integrating wellness-focused amenities, the project positions itself to better compete in the modern downtown commercial landscape.
Local workers and office tenants in the downtown Waterfront area gain access to modernized facilities and expanded amenity offerings. These upgrades enhance the daily workplace experience through newly renovated lobbies and professional services.
The takeaway
Companies are successfully using premium facility upgrades to draw workers back into the office. Prospective tenants should monitor how these amenity-focused models impact total operating costs compared to standard office spaces.
What happens next
The $100 million reinvestment project at International Place is scheduled for completion in fall 2026.
Further reading
For more on local market trends, visit the Boston Commercial section.
Source note: This article includes information reported by Nerej.
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