Author Archives: Wil Catlin

0 Arnold Worldwide Considers Relocation To Filene’s Building in Downtown Crossing

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Filenes in downtown crossing boston

Photo Credit: Banker & Tradesman

Will they or won’t they? If Arnold Worldwide takes the plunge, it would be great move for the community; bringing a large workforce to the once famed Burnham building that has been vacant for years. With market rents in the Financial District hovering about 15 – 20 percent below Back Bay, this could create an interesting domino effect.

According to an article on Banker & Tradesman, “a marquee anchor tenant like Arnold for the property known as the Burnham building could be the golden ticket project developer Millennium Partners needs to secure financing and start construction of a 625-foot, 600-unit residential skyscraper adjacent to the Burnham.”

0 Battery Ventures Moving to Boston’s Seaport District

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Seaport Office BuildingThe word is the Seaport office market is very tight, but not too tight for Battery Ventures.  Companies continue to migrate into the city to capitalize on a vibrant workforce.  Younger employees seem to want to be located within the city so they can take advantage of the many new residential communities and expanding list of restaurants.

According to the Boston Business Journal, Batter Ventures “is negotiating a lease at One Marina Park Drive, a building owned by The Fallon Co. that also houses the MassChallenge startup accelerator. The firm expects to move into the building in late 2013.”

For more information, continue reading the BBJ’s coverage, here.

Related Commercial Real Estate
Seaport Office Space for Lease

0 Boston Innovation Center to Open this Spring

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Rendering of Boston Innovation Center

Photo Credit: Hacin & Associates.

Boston’s new Innovation Center is scheduled to open in the Seaport district this Spring.  The one-story, 12,000-square foot structure will primarily consist of meeting rooms. It may include a café, and seating areas where visitors can work for a few hours on a laptop.

0 Zagat Selects Five Best Restaurants in Boston for Business Dinners

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Clio restaurant interior

Photo Credit: The Boston Globe
Interior of Clio restaurant, which ranks fifth on Zagat’s list

Looking for a dining experience that you won’t soon forget? Our city is home to some wonderful eateries on all extremes; from food trucks to French infusion.

Zagat’s list of the top five restaurants in Boston for business dinners is sure to impress and leave its mark on your plastic.

Jump over to the Boston Business Journal to view the list of restaurants

0 Amazon Leases Office Space in Kendall Square

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Kendall square office spaceAmazon is on the move in Massachusetts; first, they agreed to collect Massachusetts sales tax from local customers which they have resisted for years, then they expanded their footprint in East Cambridge/Kendall Square.

An article in the Boston Globe notes, “the online retailing giant is leasing 105,000 square feet on several floors at 101 Main St., at the foot of the Longfellow Bridge, according to a person briefed on the deal. The company has already posted more than 30 local openings for software engineers and other tech professionals, another clear signal Amazon is speeding up efforts to establish a large presence in Massachusetts’ technology community.”

Continue reading the Boston Globe’s article on Amazon’s recent lease, or view available office space in Kendall Square.

0 Downtown Crossing to Get Posh Walgreens

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Rendering of Walgreens in Downtown Crossing, Boston

Credit: Walgreens

How times have changed in our neighbor drugstore; from a soda fountains to sushi.

The Boston Business Journal reports, “contractors are at work restoring a portion of the building that once housed the bookstore and the historic Boston Five Cents Savings Bank. The new space in the former bank will feature marble and limestone walls, dark wood paneling and a porcelain floor. The store is one of three such Walgreens stores in the country. The others are in New York and in Chicago.”

For more information, click through to the BBJ’s article.

0 Boston Address A Strong Lure for Prospective Employees

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Boston Office Building for RentTenants continue to migrate downtown from neighboring submarkets as well as the suburbs. Downtown rents offer a great value combined with a strong talent pool and great area amenities. Employers are finding that a Boston address has become what today’s prospective employee values when seeking out  job opportunities.

Available Downtown Office Space
Boston Commercial Real Estate Listings

0 MassDOT: The Development Prevention Team?

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Central Artery in BostonIf history is any clue into the future, it would be safe to assume that MassDOT is on the development prevention team. Many of these projects, such as this, provide a necessary “Bridge” between two neighborhoods of our city.  For example, the suppression of the Central Artery and the creating of the Greenway links the North End and Waterfront with the Financial District.

0 Despite Opposing Reports, Financial District Continues to Attract Tenants

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Office space in the financial district, bostonThe Financial District is not emptying out, but rather attracting tenants. The market is strong and with the lack of demand of available options in neighboring markets the Financial District is poised to see an influx of new companies.

Despite an article on the Boston Business Journal posing the question, “is Boston’s Financial District emptying out”, we continue to see evidence to the contrary.

Vacant Office Space Listings
Boston Financial District