0 On-demand Meeting Rooms in Boston

Posted on May 7, 2015 by Wil Catlin

So, it is best described as office space between Starbucks and any number of the temporary groups that provide contractual services for office space. Breather is space for only when you need it. Imagine that you are interviewing a person that will be replacing a person on your team. The last thing you would want to do is have that meeting internally, you could go to Starbucks, but you might get seen by a coworker. Now come breather, have a meeting in a private space within close proximately to your office and schedule the space for 30 minutes. Best of all, its done from your phone. Boston Realty Advisors has been assisting Breather find new spots in the city.

Credit: bizjournals.com

From the Boston Business Journal:

Bostonians will now have access to five private spaces in the Back Bay and Cambridge area with a tap of their phones, with [Breather] locations that include: 715 Boylston St., two spaces at 36 Gloucester Street, and two spaces at 1158 Mass. Ave. in Harvard Square.

0 Notable Tenants Looking for Office Space in Boston

Posted on April 13, 2015 by Wil Catlin

What large office tenants in the city of Boston are looking for a new home? Biznow offers its take on the top tenants looking for space in 2015 in the Boston office market. Included in their list are the following:

Office space in post office square Boston

Credit: Bisnow

Putnam Investments (One Post Office Square)
BNY Mellon (One Boston Place)
Wells Fargo (Two International Place)
Digitas (33 Arch St.)
Houghton Mifflin (222 Berkeley /500 Boylston St in Back Bay)
PwC (125 High St.)
Goodwin Procter (53 State St.)
State Street (Hancock Tower)

0 Hancock Tower Looks to Attract Boston Tech Companies

Posted on April 13, 2015 by Wil Catlin

JHT (John Hancock Tower) is no longer home to only large law firms and large financial services firms. Today JHT is chasing tech tenants that want Class A infrastructure and amenities with large floor plates. The low rise floors fit the bill and can be a great value play for both tenant and landlord. Boston Properties purchased the tower on 12/29/2010 for $930 million from Normandy Real Estate Partners.Some of the tenants include:

Bain Capital
CRA International
Oliver Wyman
Carat International
TA Associates
Berkshire Partners
Arclight Capital

From the Boston Globe:

“Frankly, the tech guys, where most of the demand in the market is, are not necessarily looking to go into a building that’s very corporate feeling,” Martel said. “These technology firms didn’t really care as much about the views. They liked the value, good clear [ceiling] heights, and efficiency.”

0 Boylston Street Filling with Consumer Tech Storefronts

Posted on April 1, 2015 by Wil Catlin

Credit: BBJ

Not only does the Boston Marathon run down Boylston Street, but now that is followed by every tech consumer. Boylston Street is home to the newly opened Verizon mega store at 745 Boylston Street. The next block over at 699 Boylston Street is home to the AT&T mega store. AT&T and Verizon followed the leader, Apple which opened at 815 Boylston Street and Microsoft which is in the Prudential complex at 800 Boylston Street. Need a gadget or some tech support? It can all be had on Boylston between 699 & 800 Boylston Street.

The BBJ summarizes the recent additions, noting “Verizon [is] opening up a superstore on Boylston Street in Boston’s Back Bay later this month. Now today, it’s AT&T that says it’s going to open a 9,000-square-foot store at 699 Boylston, not too far away from the Verizon superstore, which is at 745 Boylston…Both stores show how much Apple has changed the retail experience” in the Back Bay.

You can read more on the Boston Business Journal.

Related Listings
Back Bay office space

0 500 Boylston in Back Bay to Add Courtyard Retail Shops

Posted on April 1, 2015 by Wil Catlin

back bay retail space added to 500 boylston street

Credit: The Boston Globe

The limited supply of Back Bay options is providing a creative opportunity for landlords. Equity Office (EOP) is looking to add 80,000 square feet of space to the front of 500 Boylston Street.

From the Boston Globe:

“Equity Office Properties notified the Boston Redevelopment Authority Friday of its plans to build an 80,000-square-foot addition in front of the 25-story tower and its main entrance. The company also wants to convert up to 50,000 square feet of office space in the tower to retail…500 Boylston was the subject of controversy even before it opened in 1989. Designed by the celebrated architect Philip Johnson with John Burgee Architects, its postmodern style was divisive.”

0 Boston Cares Relocating to 90 Canal St.

Posted on March 26, 2015 by Wil Catlin

90 Canal Street

Bonny Doorakian, Robert LeClair and Wil Catlin of Boston Realty Advisors represented the landlord, 90 Canal Street, LLC in the leasing of 3,019 square feet to Boston Cares.

From Banker&Tradesman:

“Boston Cares, New England’s largest volunteer nonprofit agency, has signed a lease for 5,043 square feet at 90 Canal St. and will relocate its headquarters in April from 190 High St. in Boston’s Financial District…The long-term lease represents a 3,019-square-foot expansion for the organization, which mobilizes more than 25,000 volunteers in support of 165 nonprofit, school and public programs.”

0 Back Bay and North Station May Get New Office Towers

Posted on February 11, 2015 by Wil Catlin

Credit: B&T

Boston Properties is moving forward with 2 major projects located at 2 transportation hubs. Back Bay Station is the proposed spot of a new tower development, while North Station will benefit from the same.

From Banker and Tradesman:

The real estate investment trust said this morning it has entered a joint venture to acquire the air rights for the 377,000-square-foot initial phase of the North Station redevelopment. It also has signed a 44-year extension on its lease for the Clarendon Street parking garage with the state Department of Transportation, part of a larger proposal to build two towers containing offices, residences and retail above Back Bay Station. As part of the agreement, Boston Properties will take over management of the renovated station, which serves the Orange Line subway and several commuter rail lines.

0 Newbury Street Real Estate Goes in ‘Hub Buying Spree’

Posted on January 28, 2015 by Wil Catlin

Credit: The Real Reporter

Urban Meritage closes on another piece of Newbury Street real estate by adding 50,000 rentable square feet.

From The Real Reporter:

Bringing its CRE holdings secured here to 11 properties in just 21 months, the partnership of Urban Meritage and Novaya Ventures (UMNV) has taken a giant step forth in purchasing the hulking six-story 126 Newbury St. from its longtime New York owner in an eye-popping $54.2 million deal consummated earlier today. Rudin Management’s trade brings UMNV’s portfolio of assets focused along the famed shopping boulevard to nearly $150 million, blowing past the $100 million level in one fell swoop and giving the firm three prime buildings between Berkeley and Exeter Streets, the latest on the third block up from the Boston Public Garden and next to the second block where UMNV began its platform via the $10.0 million.

0 Back Bay Retail Development Boost Ahead

Posted on January 19, 2015 by Wil Catlin

Retail is getting a makeover in Back Bay. Boston Properties will making some major announcements as it pertains to their new building 888 Boylston Street and the neighboring retail spaces.

From Women’s Wear Daily:

The Shops at the Prudential Center are about to get a major overhaul complements of Boston Properties…Executives there declined to name any of the incoming tenants just yet, but vowed to identify the retailer that has been secured for a nearly 9,000-square-foot space in the mall in the next few months.

The Pru’s food atrium is [also] said to be getting a serious makeover and Boston Properties reportedly will build a grand-scale new building for office space, luxury condos and retail nearby at 888 Boylston Street near Gucci’s current location. As reported, the first Primark store will bow in Boston later this year at Downtown Crossing as part of the multi-million dollar Millenium Tower and Burnham Building development project. Millenium Partners plans to build a 60-story glass tower near where the original Filene’s once stood.

0 Back Bay Project Progressing

Posted on January 19, 2015 by Wil Catlin

rendering of proposed renovations at Back Bay station in Boston

Rendering courtesy of the Boston Globe

Boylston Street in Back Bay is closer to adding a new address for a $330 million mixed use project. This is known as Parcel 13, which is on the North East side of Mass. Ave. & Boylston Street.

From The Boston Globe:

Peebles Corp. was chosen over two rival bidders to develop Parcel 13, a rectangle of state-owned air rights at the intersection of Massachusetts Avenue and Boylston Street that stretches over the Massachusetts Turnpike. Peebles now needs to win both state and city approvals to move ahead with the project…The proposed development, designed by Handel Architects of New York and about a block long, would include a 156-room hotel, 88 condominiums, 138 parking spaces, community areas, and 26,000 square feet of retail space. The building’s footprint would stretch from Mass. Ave. to Dillon’s Restaurant & Bar on Boylston Street and would feature a distinctive squiggle shape.