realestate

Coverys Reworks One Financial Center Lease, Freudenheim Partners

BOSTON, MA—Coverys, a medical liability insurer, restructured its lease to embrace evolving workplace trends and flexibility.

C
overys, a leading medical professional liability insurer, has renegotiated its lease at One Financial Center in Boston’s Financial District. The 56,936‑sq‑ft space on the 13th and 14th floors was restructured by Freudenheim Partners—Ellie Cullinan and Chris Rogers—while Bryan Sparkes of JLL represented the landlord. After weighing subleasing, relocation, and internal reconfiguration, Coverys chose to remain on site, securing significant cost savings and greater operational flexibility.

    “We’re proud to have crafted a solution that balances flexibility, efficiency, and long‑term value,” said Cullinan, EVP of Freudenheim Partners. Rogers added, “By presenting multiple scenarios and employing strong negotiation tactics, we positioned Coverys for continued success.”

    President and CEO Joseph Murphy praised the team’s thoughtful assessment, noting the new lease aligns with the company’s hybrid work model and future growth. Coverys remains committed to its Boston home, reflecting both civic pride and dedication to its people.

Coverys revises lease at One Financial Center with Freudenheim Partners.