0 125 Summer St. Poised for ‘Big Upgrade’

Summer Street commercial real estate in Boston

Credit: BBJ

The Boston office market is seeing strong rent growth in all classes and in all CBD submarkets. Landlords continue to try to differentiate their buildings by offering amenities and upgrades. Oxford is making a big splash in this space with lobby upgrade at 125 Summer Street in the Financial District.

According to the BBJ, Oxford is planning “a $10 million project to upgrade the building’s ground floor and lobby and reposition the entrance of the building to the confluence of Summer and High streets. The renovation was designed by ADD Inc., now with Stantec, while Turner Construction Co. is the general contractor…Oxford [recently] teased the renovation by erecting a two-story kelly green and navy blue banner at the site of what will become the entrance to 125 Summer St. with an all-caps proclamation: “Something big is coming.”

You can read the full article on the Boston Business Journal’s website.

Property Detail Page
125 Summer Street

0 Fort Point Lease Secured by LogMeIn

Boston skyline fort point boston

Credit: WikiMedia

Looking to neighbor up with LogMeIn?  Score the space on Summer Street between A Street and the Convention Center.

B&T repots, “remote computing company LogMeIn has finalized a 117,000-square-foot lease for 327-335 Summer St. in Boston’s Fort Point beginning Nov. 1…The lease runs 12.5 years with two five-year extension options, according to filings with the Suffolk County Registry of Deeds.”

You can read the article on the Banker&Tradesman website

0 MA Ranks 3rd for Expected IPO’s in 2015

281 summer street in south Boston

South Boston office building at 281 Summer St.

Massachusetts ranks 3rd nationally behind California and New York for 2015 IPO’s from Tech Firms.

The BBJ notes, approximately “588 tech companies across the nation are in the IPO pipeline, running roughly equal to the 590 tech firms that were in the pipeline at this time last year, according to a new report by CB Insight…Massachusetts has the third most tech companies in the IPO pipeline: 44…The top Massachusetts companies include Bit9 of Waltham, Actifio of Waltham, Veracode of Burlington, Simplivity of Westboro, and Dataxu of Boston.”

You can read the full article on the Boston Business Journal’s website, here.