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Northeastern University negotiates contract with QIC Global Infrastructure structure to manage, operate and maintain University's parking system for 50 years

December 2018

Client(s) Northeastern University

Jones Day advised Northeastern University in its negotiation with Brisbane, Australia-based QIC Global Infrastructure (QIC) for QIC to manage, operate and maintain the University's parking system for 50 years in exchange for an upfront payment. QIC formed MasParc and Mobility LLC, a new company that will oversee all aspects of the parking system at Northeastern.

In October 2019, Northeastern University was recognized by P3 Awards as the winner of the 2019 "Best Education and Higher Education Project”.

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