Tag Archives: Five Hundred Boylston Street

0 500 Boylston and 222 Berkeley Sold for $1.3B

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500 Boylston St. Boston

Credit: BBJ

Equity Office continues to shed Boston Class A towers with the announcement or the $1.3B sale of 500 Boylston and 222 Berkeley Streets to a partnership between JP Morgan Chase & Co. and Oxford Properties Group.

From the Boston Business Journal:

The two office buildings at 500 Boylston St. and 222 Berkeley St. take up the same square block in the Back Bay, one block up from Copley Square. 222 Berkeley is a 22-story office and retail complex, and 500 Boylston is a 25-story, 1.3 million-square-foot office.

500 Boylston Street is a 760,000 square foot 25 story tower with a typical floor size of 28,275 square feet.

222 Berkeley Street is a 524,195 square foot 22 story tower with a typical floor size of 51,655 square feet.

0 Boston Companies Migrating from Suburbs to Downtown

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Five Hundred Boylston St. in Boston's Back Bay

Credit: Boston Business Journal

Companies continue to look to relocate downtown from outside the city, when they wish to attract younger technology talent. The profile of the new recruit is car-less and prefers walking or public transportation as their primary means of transportation.

A recent example of this migration is VMTurbo. The cloud technology company is moving from Burlington to 500 Boylston St. in the Back Bay.
The BBJ spoke with an HR executive at VMTurbo, and posted the following quote, indicative of the city-bound migration:

“Most of the employees that we hire are not people who own cars for the most part — they use the T,” [human resources executive Veronica] Curran said.

The full article on VMTurbo’s move to Boston’s Back Bay is available on the Boston Business Journal.