0 Reebok Headed to Boston’s Seaport District

A retail store, running track, and a new Corporate Headquarters are coming to Boston Seaport curtesy of Reebok.

Reebok Seaport HQ

Credit: BBJ

From the Boston Business Journal:

The athletic gear maker, which is currently based in Canton, said Wednesday it will occupy 220,000 square feet and five floors of space at the Innovation & Design Building by next fall. About 700 employees will work from the office.

“Our vision is to bring ‘The Home of Fitness,’ which we’ve created at our Canton HQ, to this new location,” said Reebok President Matt O’Toole in a statement. “We have a goal of being the fittest, healthiest workplace in the country, and this new location will go a long way in helping us achieve this goal. It will be a workplace unlike any other in the city, with amenities that will not only benefit our employees, but the local community as well.”

0 Fort Point Office Space for GE Lands Design Approval

GE has received design approval for their headquarters in the Seaport. Some of the design elements include a pedestrian corridor and 100-year flood resistance.

Rendering of new office building in Boston Fort Point

Credit: Bizjournals.com

The Boston Business Journal notes, “the headquarters campus will be located on a 2.5-acre campus facing the Fort Point Channel, spanning two historic former Necco candy manufacturing facilities at 5 and 6 Necco Court and a newly built property facing the water. The campus will span 388,700 square feet. GE’s CEO, Jeffrey Immelt, has said the company intends to spend between $80 million and $100 million on the new headquarters.”

You can read more on the Fort Point Channel Building on the BBJ’s website, here.

0 Two-Year Investment Yields $18.7M Profit in Fort Point

Fort Point office building

Credit: Banker and Tradesman

Assets continue to trade in the Seaport section of Boston red hot office market just over $400 per foot.

According to Banker and Tradesman, “the Davis Cos. has sold its Tower Point office building in Boston’s Fort Point for $62.1 million, reaping an $18.7 million gain after just two years of ownership…The Boston-based developer spent nearly $7 million updating the 155,170-square-foot property at 27 Wormwood St., increasing the occupancy rate from 74 to 95 percent with a group of new tech tenants…Renovations to the 115-year-old structure included a 7,500-square-foot courtyard with oversized chess set outside the main entrance, removal of drop ceilings and creation of an open floor plan for most tenants.”

Additional details are included on B&T.