0 Dartmouth Street Office Building in Back Bay Nets $849 per Sq. Ft.

131 Dartmouth St Boston

Credit: Boston Business Journal

$849 per square foot was the trade price of 131 Dartmouth Street in Boston’s Back Bay.

According to the BBJ, “Boston-based real estate investment firm TA Associates Realty is set to acquire 131 Dartmouth St. in Boston’s Back Bay for $315 million…[offering] a long building with large floor plates spanning 371,000 square feet, with a below-grade parking deck at an enviable 2-per-1,000 square feet parking spot ratio. The 12-story building is adjacent to Back Bay Station and located across Dartmouth Street from retail center Copley Place.”

There are 11 Class A office buildings in Boston with floorplates greater than 50,000 square feet, 131 Dartmouth is the 8th largest with 55,363 square foot floorplates:

Building Address Submarket Name City Year Built Number Of Stories Rentable Building Area  Typical Floor Size
200 Seaport Blvd Seaport Boston 1920 3                        804,000.00              268,000.00
401 Park Dr Brighton/Allston/Fenway Boston 1928 14                        950,000.00                98,573.00
480 William F McClellan Hwy Charlestown/East Boston Boston 2006 4                        140,000.00                85,091.00
24 New Chardon St North Station/Beacon Hill Boston 2000 4                        295,318.00                73,829.00
245 Summer St Financial District Boston 1974 14                        891,814.00                63,701.00
501 Boylston St Back Bay Boston 1940 10                        607,685.00                60,768.00
197 Clarendon St Back Bay Boston 1922 8                        448,796.00                56,000.00
131 Dartmouth St Back Bay Boston 2002 11                        371,016.00                55,363.00
1 Boston Medical Center Pl South End Boston 1980                        228,257.00                55,000.00
1622-1636 Tremont St Roxbury/Dorchester Boston 2003 4                        193,000.00                53,404.00
222 Berkeley St Back Bay Boston 1991 22                        524,195.00                51,655.00