Tag Archives: Financial District Boston

0 Seaport District, Fort Point Channel Thriving

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seaport office space

Credit: Bostonsf

The Seaport continues to show the market that it’s going to remain a dominate force in the Boston office market.  Rents are up, vacancy is down and demand is strong.  The challenge is the only new construction is Class A, so if you are seeking updated brick-and-bean, wait in line or be prepared to pay for it.

Alternatives that trade about $8 – $12 per square below would be Boston’s Financial District or the Leather District.

Indicative of the Seaport neighborhood’s appeal, BostonSF.com reports HFF recently closed a “$105.625 million sale of 3-building office portfolio Boston’s Seaport District…HFF announced that it has closed sale of three best-in-class, creative office assets totaling 221,064 square feet and 35 parking spaces.”

You can read more about the significant, three-building office space sale in the Seaport on Bostonsf.com.

0 Boston Financial District Lands new Soup Restaurant

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Looking for a free lunch?  Stop by the newest eatery in the Financial District at 185 Franklin Street on Wednesday January 21st from noon to 2 PM.

Soup Spot in Boston's financial district

Credit: Bostinno.Streetwise

From Bostinno.Streetwise:

For those unfamiliar with Hale and Hearty Soups, the chain has numerous locations throughout Manhattan, Long Island and Brooklyn, New York. The restaurant serves up several “everyday soups” as well as a variety of rotating “daily specials.” In addition to soup, Hale and Hearty also offers sandwiches, salads and sweets. Take a peek at their menu, here.

0 1,700-car Garage Plotted for South Boston Waterfront

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The growth of the Seaport District has created a number of challenges and one of the prominent ones is parking.  Massport is looking to offer some relief to this by building a 1,700 car garage atop the Pike.

Credit: WaterSideBoston.com

The Boston Globe offers details on the proposed parking additions, noting it “would be built over a strengthened section of the turnpike tunnel near the World Trade Center complex. Although the site is about a third of a mile from the Seaport Square area, where visitors to Fan Pier and attractions like the Institute of Contemporary Art vie for parking with workers from the adjacent financial district, Massport said the parking garage would be vital for apartments and a planned hotel near the convention center.

For more information on the proposed South Boston Waterfront Garage, jump over to the Boston Globe’s website

 

0 Tech Banking Office opens in Financial District Boston

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Wells FargoBoston is home to some creative entrepreneurial companies that innovate continuously.  Wells Fargo, amongst others, are after their deposits and corporate banking requirements.  The days have gone by of old school banking, we now, as customers, require Apps.

From the BBJ:

“Wells Fargo & Co. is expanding its Silicon Valley-based technology banking group into Boston, and it has pinched executives from two high profile competitors to run the new office…The Boston office at 101 Federal St. will be run by commercial bankers Debra DelVecchio and David Dickinson.”

The full articles is available on the Boston Business Journal’s website.