0 Amazon Leases Office Space in Kendall Square

Kendall square office spaceAmazon is on the move in Massachusetts; first, they agreed to collect Massachusetts sales tax from local customers which they have resisted for years, then they expanded their footprint in East Cambridge/Kendall Square.

An article in the Boston Globe notes, “the online retailing giant is leasing 105,000 square feet on several floors at 101 Main St., at the foot of the Longfellow Bridge, according to a person briefed on the deal. The company has already posted more than 30 local openings for software engineers and other tech professionals, another clear signal Amazon is speeding up efforts to establish a large presence in Massachusetts’ technology community.”

Continue reading the Boston Globe’s article on Amazon’s recent lease, or view available office space in Kendall Square.

0 A Brief History of Boston’s North End

office space for lease in north end bostonBoston’s North End has a unique flavor that is distinctly Italian. “Little Italy” features narrow cobblestone street, small boutiques, fabulous restaurants, and delicious pastry shoppes. On the weekends, tourists and locals alike flood the streets. The North End is a neighborhood with a history as rich as the filling of a cannoli.

1600s
•    Boston’s oldest neighborhood was established in the mid-1600’s. By 1646, the area had a population large enough to call for it’s own church, the North Meeting House.
•    The original residents of the North End were Puritans, as well as slaves from New Guinea.
•    During the 17th century, the North End was home to Boston’s first food markets, as well as mills that converted food to storable grains and wood for construction of homes and ships.

1700s
•    Old North Church is constructed in 1723 – the oldest church building in Boston proper.
•    Merchants & Robust Economy – The 18th century brought bustling trade for merchants in ship building. A bustling economy fueled by shipbuilding and trade. Imports, including sugar, fruits, coffee, tea, and wool. in turn these ships brought merchants importation of worldly goods such as sugar, fruits, coffee, tea, wool, etc. essential items for everyday existence. The artisans of the time were expanding their skills in gold and silver-smithing, copper production, and iron and steel bell casting.
•    These merchants settled in the North End in the late 1700s, building mansions and developing the area into a desirable residential neighborhood.

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0 Digital Lumens Moving to Innovation District

office space on congress street bostonThe Innovation continues to attract tenants, but with prices pushing $40 PSF some are seeking the value play with the 15 percent vacancy rate of the Financial District.

Kyle Alspach, VC Editor at the Boston Business Journal, reports the “LED lighting system firm Digital Lumens announced Wednesday that it has relocated to a 16,000-square-foot office at 374 Congress St. The office is double the size of the firm’s previous office at 110 Canal St., near the TD Garden.”

Read the complete report on the Boston Business Journal.

0 Post Office Square Transformation Approaching

Commercial Property Post Office Square BostonThe long awaited transformation of 50 Post Office Square has moved closer with a letter of intent being executed by Brown Brothers for 300,000 RSF.  Currently the 18 story Class A building is offering 424,297 RSF for lease on 7th  through 18th floors with floors plates just over 53,000 RSF.

“The non-binding commitment at the regional headquarters for Verizon Corp. follows months of considering alternatives in the area for a venerable financial services firm whose lease at nearby 50 Milk St. expires next autumn.”

Jump over to therealreporter.com for the full report.