10 Post Office Square is the latest acquisition by Synergy Investments that will be getting a makeover to attract today’s tech tenant. The price of $321 PSF was the winning number for the 82% leased asset which helps to anchor Post Office Square.
B&T notes, the makeover is designed to attract tech tenants with an updated lobby, new central reception area and conversion of lower-level space into a fitness center, bicycle storage and locker rooms, said Roger Breslin, senior vice president for leasing agent JLL. Collaborative workspaces and new food vendors are also planned…The 445,000-square-foot building is currently 82-percent leased.”
You can read the complete article on the modifications to 10 Post Office Square on Banker&Tradesman.
Post Office Square, 1954; Credit: Boston Globe
It starts with a vision for something better. The city of Boston is a better place to live and work because of the efforts of Norman Leventhal. Post Office Square wasn’t the jewel it is today back in the early ’80, rather an eyesore. Thank you for all your efforts and vision that helped to make Boston what it is today.
An editorial on The Boston Globe includes the following excerpt:
Leventhal was a key player in Boston’s most recent great public-private construction project, the $15 billion Big Dig. As the project took root, he founded the Artery Business Committee, a group of downtown property owners and companies that kept watch on the project and shepherded it through times of political acrimony. He spent much of that time collecting feedback, making sure concerns were dealt with quickly.
“Norman made sure the project delivered on all its aspects,” said developer Tom O’Brien, who was the Boston Redevelopment Authority’s director during several years of Big Dig construction. “He made it a huge civic goal, and it totally changed the city.”