Category Archives: South Boston Office Space

0 Melcher Street Grows into Hub

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Offices on Melcher Street in Boston named 'M Block'

Photo Credit: Stuart Cahill for the Boston Herald

The Seaport District continues to evolve with a new micro market on Melcher Street, designated as “M Block.”  This is a combination of residential, office and retail on what was once a cut through.  Now it will be a destination location accommodating todays changing lifestyle that is mirrored Meatpacking District in New York.

Office rents for Class B space have jumped to the low $40’s PSF with very few available options.

According to a report by Donna Goodison of the Boston Herald, “a new campaign branding it as the “M Block” is designed to draw attention to the restaurant, office and residential projects bringing new life to the street of former warehouse buildings probably best known for the old elevated pedestrian bridge that stretches above it.”

Follow the link for more information on the development of Boston’s M Block.

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 Innovation District Attracts Cambridge Law Firm

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Map of the Innovation District in Boston

Photo Credit: innovationdistrict.org

The Innovation District continues to attract tenants from other markets despite increased rates and dropping vacancy.

The Boston Globe reports “the law firm Finnegan, Henderson, Farabow, Garrett & Dunner is the latest business to join the exodus from East Cambridge to Boston’s growing Innovation District.”

Further property details, along with the additional information on the firm, are available at The Boston Globe online.

0 State Street, Channel Center to Add 33,000 Sq. Feet of Office Space

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State Street office space in bostonSince Commonwealth Ventures has secured State Street for Channel Center their next focus will retail and rental apartments to cap off their 13 year project.

A report in The Boston Herald notes that “the State Street office project may effectively cap off Channel Center, but the developer still has work to do to bring more residents and retailers into the Fort Point Channel complex…renovations will begin soon in two buildings to create 39 apartments, 33,000 square feet of office space and additional storefronts.”

More information is available in the Boston Herald’s coverage of the Channel Center.

Available Office Space Listings
Boston Commercial Real Estate

0 Increased Ferry Service From East Boston, South Boston, and Charlestown

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aerial view of south boston office spaceWhat’s the fastest route from East Boston of South Boston and the Seaport?  Not the Big Dig, but rather increased ferry service.

Branker and Tradesman is reporting that “the city of Boston has been awarded $1.28 million in federal grant money to buy two ferries that will travel between East Boston, South Boston and Charlestown. The new service is aimed at meeting the growing need for transportation across Boston Harbor and spurring economic opportunity by creating new transit connections between residents and jobs.”

Read more about the proposed ferries on Banker and Tradesman online.

0 Celeb Chef Ming Tsai Looks to South Boston

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Commercial Real Estate in South BostonBlue Ginger has been a mainstay in Wellesley for 14 years and consistently delivering East-West cuisine to their lunch and dinner guests. The addition of Blue Dragon — a new restaurant from Ming Tsai — in the Seaport will be a welcome selection for the business occupying the 31M RSF of office space within a .5 mile radius of 324 A Street.

The Boston Herald reports, “the host of PBS’ “Simply Ming” TV cooking show is slated to soon meet with the neighborhood about an eatery at 324 A St., site of the long-closed A Street Deli.”

Read more about Ming Tsai’s South Boston restaurant.

0 Tax Break Approved for State Street

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State Street Office SpaceState Street is on the move, and the Seaport continue to evolve.

The Boston Business Journal is reporting “the Boston Redevelopment Authority has put its stamp of approval on a $11.5 million tax break for State Street Corp., tied to the construction of a new office building in South Boston.”

To read more on the Seaport and State Street migration, click here.