0 Boston Wharf Co. Building at 51 Melcher Sells for $52.7M

Posted on August 23, 2014 by Wil Catlin

For $513.49 PSF Synergy Investments has sold 51 Melcher Street to Zurich North America. The building went through a complete renovation and was delivered fully leased to WeWork, Life is Good, and NetSuite.

According to Banker & Tradesman, “Synergy spent millions of dollars repositioning the building in the market, including base building renovations, a new main entrance and lobby, HVAC systems, new and restored windows and new roof, restrooms, plumbing, electrical service and elevators.”

Pricing with the Seaport Class B Market now is running in the upper $30’s to low $40’s PSF.

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0 Tavern at the Office?

Posted on May 14, 2013 by Wil Catlin

Photo Credit: DarkRoastedBlend.com

As tenants think about space layouts and efficiency factors some tenants are creating a far more relaxed atmosphere. Imagine your own pub at the office; 51 Melcher Street in Boston Seaport will have it.

Bert Jacobs, CEO (Chief Executive Optimist) and co-founder of The Life is Good Company, in an article on the Wall Street Journal, states, “when we move our headquarters from Boston’s Back Bay to the Seaport District this fall, we’re going to build a tavern in the office…we’ll put some beers on tap, like Harpoon IPA and maybe Guinness. It will have lounge seating, a big fireplace and a bar area. People can work there or hang out with friends or co-workers. The idea is to blur the lines between work and play.”

WSJ subscribers can read the full article, here: I’m Building a Tavern at My Company.