The Seaport continues to attract tenants and residents as well as investors that want to partake in one of Boston fastest growing markets.
Biznow interviews various tenants and investors to get their direct take on the transformation of the Seaport and Innovation District. You can also jump over to our submarket overview of the Boston Seaport for more information on what the neighborhood offers local businesses.
Relevant Office Space Listings
Commercial Real Estate for Lease in Boston’s Seaport
Photo Credit: innovationdistrict.org
The Innovation District continues to attract tenants from other markets despite increased rates and dropping vacancy.
The Boston Globe reports “the law firm Finnegan, Henderson, Farabow, Garrett & Dunner is the latest business to join the exodus from East Cambridge to Boston’s growing Innovation District.”
Further property details, along with the additional information on the firm, are available at The Boston Globe online.
Another Seaport portfolio is poised for the market with rents now of $40 PSF and vacancy at a record low.
Banker & Tradesman is reporting that, “in response to rising rents and hot investor activity, National Development is attempting to unload a six-building portfolio in Boston’s Fort Point district…The assets, totaling more than 407,000 square feet of office space, are in the so-called Innovation District, where some rents have jumped significantly over the last year, more than five percent in some places.”
For the full report, continue reading Banker & Tradesman’s complete coverage.
Related Property Listings
Office Space in Boston Seaport