0 101 Tremont Street Office Space

office building at 101 Tremont Street in Boston

Click to view details on office space at 101 Tremont Street

101 Tremont Street, under new ownership, is undergoing a transformation into a 1st Class historic mid-rise.

101 Tremont Street Features:

• Lobby renovation
• New state of the art building systems
• High speed fiber optic network
• New elevator cabs
• Complete renovation of the exterior storefront
• First generation space ready for custom design
• Three sides of natural light
• High and open ceilings
• New, large operable windows
• Adjacent to the Boston Common and Park Street Station
• Surrounded by the City’s best amenities

Where is it located:

Map of 101 Tremont Street in Boston

Credit: JLL

0 Boston Financial District: The Tech Hub?

Boston financial district technology companies

Click to view the google map

No longer is the Financial District home to money managers, law firms and accounting firms.  Now, tech firms are moving in to take advantage of the largest concentration of office space north of New York city combined with great infrastructure and competitive pricing.  Tech Firms want fault tolerant power, redundant Telco and security that can accommodate companies on one floor.  Class A towers have this option and are opening their doors and reposition themselves to attract this type of tenant.  On a tour a property manager for a Class A tower had a new issue she had never dealt with before, a broken window from a floor hockey game from a new tenant.  Problem solved, by her dedicated team of technicians, but that was a first.

An article on BetaBoston.com declares, “Boston’s Financial District, of all places, has emerged as a hotspot for the region’s tech startups.” The author reports finding “more than 30 tech companies large and small that occupy offices in the Financial District.”

The complete article, along with a complete list of tech companies in Boston’s Financial District, is available on the Boston.com offshoot, BetaBoston.com

 

0 Downtown Crossing Office Space and Residential Markets Both Booming

Downtown crossing in Boston

Credit: Wall Street Journal

This is the hottest office and residential market going and has evolved from one of the seediest.  Yes, Downtown Crossing; with great MBTA access and new developments, business are moving in and residential developments are emerging from shuttered buildings.

The Wall Street Journal recently wrote about the developments and high-rises taking over Downtown Crossing, noting, “New luxury developments are transforming Boston’s Downtown Crossing from a neighborhood once called the “Combat Zone” to an enclave of luxury living…The new wave of development is transforming the landscape of Downtown Crossing. The neighborhood’s population increased 44% from 2000 to 2010, compared with a 4.8% rise in Boston’s total population, says the Boston Redevelopment Authority.”

A national view on the transformation of Boston’s Downtown Crossing is available on the WSJ’s website, here.

0 Seaport Parking Transforms with Neighborhood

A frequent question I get is, where can I park?  Well that’s simple, but usually involves a price higher than somebody wants to pay.  On a tour of 320 Congress Street this week, we referred to the ever-disappearing mud lot parking spaces of the Seaport; that number has reduced by 1,200 spaces over the last two years while the garages have only given back 990 spaces.  What gives? Well, in short, the mud lots over the last twenty years were the cheap alternative for the high-priced Financial District garages.  Now that the Seaport is a growing Class A office market commuters should reply on public transportation, after all, South Station is only a short walk.

The Boston Globe has posted an infographic that provides a visible breakdown of the changes to parking spaces in the Seaport:

Boston Seaport parking map

Credit: The Boston Globe

0 Pop-up Retail Lands in Dewey Square

Dewey Sq. pop-up retail space

Credit: Boston Business Journal

Looking for some coffee to get your day started?  Well, if you make the pilgrimage from South Station to the Financial District through Dewey Square, a lone vibrant dome could be your new best friend.  Nespresso is the latest to venture into the pop-up retailing experience in Boston.

From the BBJ:

“Nespresso is hoping that one sip of the caffeinated beverages under the brownish-yellow dome in Dewey Square — the former site of Occupy Boston — will encourage coffee lovers to spend $299 for the VertuoLine coffee-espresso maker machine. Buyer beware: The cost to operate can run another $50 for a milk frother and between $6 – $9 for a box of coffee pods.”

Additional information on the pop-up retail shop from Nespresso in Dewey Square is provided on the Boston Business Journal’s post.

0 Amazon Adds Office Space in Kendall Square

101 main street office space in east Cambridge

101 Main Street in Kendall Square

Since Amazon now charges sales tax, it looks like they’re taking on another expense and adding additional office space at 101 Main Street in East Cambridge.  East Cambridge no longer caters to the emerging small business; now landlords are focused on large corporate tenants like Google and Microsoft.

An article on Xconomy.com adds some context around Amazon’s expanding footprint in Cambridge:

“Amazon recently added about 11,000 square feet to its existing offices in Cambridge’s Kendall Square neighborhood, right next to the prime recruiting grounds at MIT…It’s a popular spot for West Coast technology giants to set up shop as they race to hire talented employees, especially outside the highly competitive San Francisco Bay Area. Google and Microsoft  have significant offices in the same area of Cambridge, and Facebook has added an engineering outpost of its own. Apple also previously established a smaller office, with a focus on speech technology.”

Xconomy’s article on Amazon’s additional space in Cambridge is available, here.

Click through if you want to view additional property details on the listing page for 101 Main Street in Kendall Square.

0 Boston Late-Night Task Force Lacks Startup Representation

Boston mayor Martin J Walsh

Credit: BetaBoston

Do you work late for a startup?  Are you looking to be heard with respect to the cities plans to address a more vibrant late-night culture?  Call Mayor Walsh at City Hall and be heard.

From BetaBoston:

“There isn’t a single representative from the sorts of small but promising companies that are streaming into Boston neighborhoods — such as the Seaport, the Leather District, and the Financial District — and that would be among the biggest beneficiaries, from a recruiting perspective, of Boston having better night-life….The task force thus may not actually represent the the interests of many of those located in the neighborhoods most likely to be the testing ground for the new late-night initiatives.”

The full article is available, here.

0 888 Boylston Street to Join Back Bay Skyline

The skyline of Back Bay will see its newest member come out of the ground starting late this summer.

888 Boylston Street is Boston Properties final component of the Prudential Center that consists of: 800 Boylston Street (Prudential Tower), 101 Huntington Avenue, 111 Huntington Avenue along with the Shops at Prudential.  This site is 23 acres that sits between Boylston Street and Huntington Avenue. It consists today of 2.6 million square feet of Class A office space, and 550 square feet of retail space, combined with underground parking for 3,660 cars.

Curious how Back Bay has changed over the years? Take a look at this aerial view of Copley Square taken from a plane in 1957, courtesy of BostonStreetCars.com:

Old Copley Square in Boston, from 1957

Credit: BostonStreetCars.com

0 AtSite Lands Innovation District Office in Boston

Boston's innovation district

Credit: Boston Globe

The Innovation District continues to grow and has become a destination location for 1st timers opening offices in Boston.  AtSite’s president and CEO says is all, “Boston’s Innovation hub is the perfect setting for our building performance solutions.”

The announcement from AtSite is featured on digitaljournal.com:

“The Boston location is in a neighborhood known for its creativity and collaboration and draws a steady stream of entrepreneurs. ‘WeWork’s biggest draw for AtSite is the emphasis on an innovative use of shared resources, in a forward leaning and collaborative way,’ said Lisa West, AtSite VP of Marketing. ‘We are really excited to be in Boston, and having our offices operated with an inspiring design aesthetic and a great location is a real win for us.'”

The full article can be found on digital journal, here.

0 Improvements Marked for Downtown Crossing T-station

Downtown crossing mbta station

Credit: Boston Herald

The growth of our city is at a pace not seen in years; tower cranes, cement trucks and the endless parade of tradespeople. What about below our city streets; are we building infrastructure to support this influx? This Boston Herald article about the Downtown Crossing T-Station caught my eye and merits some airtime.

A quote from  T spokesman Joe Pesaturo, in the Boston Herald, piece focuses on the renovations at downtown crossing:

“The MBTA recently solicited bids for a sewer relocation project under the former Filene’s building. It is a first step in a multi­phase project involving the Downtown Crossing station that will include access and aesthetic improvements.”

The full article is available on the Boston Herald’s website.