745 Boylston Street in Boston’s Back Bay
Boston Realty Advisors has been retained by Upland Capital to exclusively represent 745 Boston Street in Boston’s Back Bay. The building is a 112,000 square foot 8 story building with Verizon and Max Brenner as the retail tenants.
The building currently has just over 18,000 square feet available and can accommodate tenants from 1,700 – 12,000.
• 745 Boylston Street Back Bay
• Property Brochure
• Floor plan
Boston Realty Advisors represented Christopher Kimball’s Milk Street search for a new location in the Financial District. According to Wil Catlin, Managing Principal at Boston Realty Advisors, 177 Milk Street was the perfect fit for Chris’s new venture. The building known as the Grain Exchange was completed in 1892 and sits one South from the Custom House on the Greenway. The space occupied by Milk Street is on the retail level with direct access from India Street with expansive ceilings and windows.
Client Testimonial Tenant Representation from Boston Realty Advisors on Vimeo.
Success and failures is measured more clearly with the benefit of time. Have a peak at how the innovative economy has performed in recent history on BetaBoston:
[Boston] startups [collected] $7.4 billion in funding this year — a 30 percent jump from 2014…[and] higher than any year since 2000, when dot-com mania pushed investment in Massachusetts startups above $10 billion, according to the financial data provider PitchBook. A single company in Cambridge, Moderna Therapeutics, announced a $450 million funding roundback in January — the biggest private funding infusion for a biotech startup ever.
Tech tenants are driving office demand nationwide with Boston ranking number 7 falling just behind Seattle. To be classified as a tech talent market, there must be a labor pool of at least 50,000.
· Food Options
· Wellness Center
· Outdoor Space
· Recreation Room
· Onsite Daycare
· Bike Storage/Bike Rental
· Zip Car
To view some of Boston’s coolest office designs, check out Forbes’ online gallery.
Boston is No. 1 among our peers for innovation. Let us help bring your ideas to life.
The BBJ looked into the details of a NerdWallet study, noting “Boston didn’t score as well around patents per capita, receiving 4.83 patents per 1,000 residents over a four-year span; San Jose scored highest with 27.39 patents per capita. But Boston did score well when it comes to venture capital per capita, raking in $948.58 per capita — right below Boulder, Colorado ($963.75) and San Jose ($3,585.68).”
You can read the full article on the BBJ.
Click on the image to view the John Hancock Tower property detail page
Which office building in Boston stands the tallest, and how does yours rank? In Boston’s Back Bay, the John Hancock Towers reigns supreme.
Some facts about the building:
- 60 Stories
- Designed by Henry N. Cobb of the firm I. M. Pei & Partners
- Completed in 1976
- It has been the tallest building in Boston and New England for more than 30 years
The Boston Business Journal has put together a list of the top 25 largest office buildings in Greater Boston, ranked by Total Rentable Building Area.
Credit: Boston Business Journal
Credit: Boston Business Journal
Do you Uber when you are touring office space for lease in Boston? Well, yes. Will Uber be here tomorrow or with the Cab Union prevail?
The Boston Business Journal reported that “the union, representing 1,400 cab drivers, is calling on Boston Mayor Marty Walshand Police Commissioner William Evans to order all UberX and UberXL for-hire vehicles off the streets of Boston until the city can regulate and license all Uberdrivers and cars.”
Follow the link to view the full BBJ article for details on the Cab Union Uber protests.
Boston Ballet’s The Nutcracker
Call me old fashioned, but I love group gatherings and large-scale events, like the Boston Ballet’s The Nutcracker. I am always thankful that owners like the The Chiofaro Co. of International Place host festive, public events for all to come and appreciate.
Additional coverage is available on the Boston Business Journal.
Also, on newscast in recent days, there was a great flash mob event by the United States Air Force Band at the National Air and Space Museum in Washington:
Credit: Boston Globe
Boston is no longer comprised of 9 – 5 workers. Our city has evolved to a 24-hour workforce and our infrastructure and services need to play catchup. Great news for all those getting off work after midnight: starting in 2014, the MBTA will run late-night weekend train and bus service.
From The Boston Globe:
the T will run all subway trains and the 15 most popular bus routes until 3 a.m. on Saturday and Sunday. Yes, the T is still cash-strapped, and the state budget remains tight, but Governor Deval Patrick has found about $20 million, along with pledges from corporate sponsors, to launch a one-year pilot program to begin in March or April.
The full Globe article on the upcoming late-night MBTA sevice is available, here.
Credit: Boston Business Journal
Would you take a $320 million gamble? It appears the Boston office market will embrace it. We have seen office vacancy’s drop while rents have continued upward over the recent years. The Boston office market has tremendous barriers to entry for new product, thus creating a supply and demand problem. Tenants are anxious to capitalize on the benefits of new construction, which allows them to be more efficient with the square footage per employee.
Developer Samuels & Associates is attempting to capitalize on the trend, beginning construction on a new office building on Boylston Street in Fenway. An article on the Boston Business Journal’s website reports:
Samuels & Associates is underway with construction of VanNess, a $320 million mixed-use project fronting on Boylston Street near Fenway Park. Slated for completion in 2015, the project is designed to include two buildings: an 8-story building housing 232,000 square feet of office space and another 11-story building with 172 residential apartments. The development also will include 210,000 square feet of retail space anchored by a 170,000-square-foot City Target, a new small-footprint store format launched by Target Corp. last year. There will also be about a dozen other retailers.
The full article is available on the BBJ.
Related Office Listings
Fenway Office Space