0 Government Center Development Would Reshape Skyline

Posted on June 12, 2013 by Wil Catlin

Will the architecture in the 1960’s era of Government Center move to the wrecking ball? Yes, it seems that the Government Center Garage will be replaced with a new mixed use development.

According to Banker and Tradesman, “the Government Center proposal includes six buildings varying in height from 600 to 60 feet. Once the proposed project is complete, the garage, sitting on approximately 4.8 acres, would be transformed into a mix of 771 apartments and condos, 1.3 million square feet of office space, 82,500 square feet of retail and restaurant space and 204 hotel rooms.”

Office rents are up and supply is down; residential housing is commanding strong numbers on both the sale and lease fronts. Now is the time.

You can view the full B&T article, here

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0 Staples to Open Flagship Store in Boston Financial District

Posted on June 1, 2013 by Wil Catlin

Staples location at One Washington Mall in Boston

Photo Credit: Boston Business Journal

Staples will have a new “Easy Button” location in the Financial District! One Washington Mall will be the location for a new 17,500 square foot store.

The Boston Business Journal reports, “the Framingham-based office supply company has signed a lease for 17,500 square feet at One Washington Mall in the former Newbury Comics space, as well as a portion of the second floor.”

The full BBJ article can be found here: Stapes to Open New Flagship Location

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0 Twin Towers Proposed at TD Garden

Posted on May 17, 2013 by Wil Catlin

Rendering of proposed towers at TD Garden in Boston

Photo Credit: Boston Redevelopment Authority (via BBJ)

The North Station submarket area could be home to more than our beloved Celtic and Bruins. This project would bring more than just sports fans to the area, it would add 1.7 million square feet of office, retail, and residential space to that area.

According to a Boston Business Journal report, “a joint venture of Boston Properties and Delaware North Cos. have filed plans to build a pair of office and residential towers on Causeway Street next to the MBTA’s North Station…the 1.7-million-square-foot mixed-use development to be built on a 3-acre parcel will feature up to 300,000 square feet of multi-story retail space, 500 residential units in a 600,000-square-foot tower, a 200-room hotel, an office tower containing 600,000 square feet of Class A office space and 800 underground parking spaces.”

To read the full article, continue on to the Boston Business Journal online.

0 Boston Commercial Real Estate Market Starts 2013 Strong

Posted on February 5, 2013 by Wil Catlin

The office market is strong within greater Boston and hasn’t this active with positive rent growth and absorption since 2007. This is due to a couple of components; flight to quality, migration to Boston from suburban markets, new companies entering the market and companies within Boston expanding.

The Boston Business Journal notes, the strength of the market; “greater Boston’s office market achieved more than 2.8 million square feet of positive absorption last year, the strongest showing since 2007”

Specific areas of growth in the Boston office market are detailed on the Boston Business Journal’s article, here. Alternatively, follow the link to preview available office space for lease in Boston.

0 400-foot Towers Proposed at Boston Garden

Posted on January 18, 2013 by Wil Catlin

Construction at the site of the old Boston Garden

Credit: The Boston Globe

The Boston Garden landscape is looking to make a change with the proposed addition of new office space, retail storefronts, and residences. The construction would yield a significant upgrade to the historic Beantown landmark, but what will it offer the true Celtics and Bruins fan? Modern places to work, eat, sleep and watch their teams bring home another championship, of course!

The Boston Globe reported yesterday that “owners of the TD Garden are resurrecting plans for a high-rise development in front of the arena that will include a pair of 400-foot towers containing offices, hundreds of residences, a hotel, and stores. The project, which would create a modern, retail-filled gateway to the North Station area, has gained new momentum in recent months, with Target Corp. and Stop & Shop negotiating plans to open stores in the complex.”

Follow the link to read the Globe’s full coverage of the TD Garden renovations, or view our listings of available North Station Office Space.

0 Boston Address A Strong Lure for Prospective Employees

Posted on December 14, 2012 by Wil Catlin

Tenants 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.

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